Toromont Industries Ltd. TIH.TO · Stock Open Toromont Industries Ltd. in new tab
Toromont Industries Ltd. Analysis (TIH.TO)
Is Toromont Industries Ltd. a good investment? Toromont Industries Ltd. (TIH.TO) is currently trading at 209.06 CAD. Market analysts have a consensus price target of 227.56 CAD. This suggests a potential upside from current levels.
In terms of valuation, the stock trades at a P/E ratio of 35.61. This high multiple suggests investors have priced in significant future growth expectations.
Earnings Schedule: Toromont Industries Ltd. is expected to release its next earnings report on July 28, 2026. The market consensus estimate for Forward EPS is 8.27.
For income investors, Toromont Industries Ltd. pays a dividend yield of 1.05%. With a payout ratio of 33%, the dividend appears sustainable.
Investor FAQ
Does Toromont Industries Ltd. pay a dividend?
Yes, it pays an annual dividend of 2.16 CAD (1.05% yield).
What asset class is Toromont Industries Ltd.?
Toromont Industries Ltd. is classified as a Stock. You can compare it against 3 other assets in the "Related Symbols" list on this page.
When is the next earnings date?
The next earnings date is projected to be July 28, 2026. The company currently has a trailing EPS of 6.28.
Company Profile
Toromont Industries Ltd. provides specialized capital equipment in Canada, the United States, and internationally. It operates in two segments, Equipment Group and CIMCO. The Equipment Group segment engages in the supply and rent business; providing product support services for specialized mobile equipment, industrial engines, material handling lift trucks, and heavy equipment rentals; designing and fabricating power generation and storage enclosures; suppling control systems for specialized mobile equipment; and developing distributed generators and combined heat and power projects using Caterpillar engines. This segment serves road building, mining, aggregates, public infrastructure, residential construction, power generation, forestry, on-highway truck engines, industrial, demolition and waste management markets. The CIMCO segment is involved in the design, engineering, fabrication, installation, and after-sale support of refrigeration systems in industrial and recreational markets, as well as supplies thermal management solutions. This segment primarily serves beverage and food processing, cold storage, food distribution, mining, and recreational ice rink sectors. Toromont Industries Ltd. was founded in 1961 and is headquartered in Concord, Canada.
| Year | Total Dividends |
|---|---|
| ▸2027 |
1.21 CAD
|
| April 1, 2027 (estimated) | 0.6268 |
| Jan. 4, 2027 (estimated) | 0.5842 |
| ▸2026 |
2.22 CAD
|
| Oct. 1, 2026 (estimated) | 0.5801 |
| July 2, 2026 | 0.5600 |
| April 2, 2026 | 0.5600 |
| Jan. 5, 2026 | 0.5200 |
| ▸2025 |
2.04 CAD
|
| Oct. 3, 2025 | 0.5200 |
| July 3, 2025 | 0.5200 |
| April 4, 2025 | 0.5200 |
| Jan. 6, 2025 | 0.4800 |
| ▸2024 |
1.87 CAD
|
| Oct. 2, 2024 | 0.4800 |
| July 5, 2024 | 0.4800 |
| April 4, 2024 | 0.4800 |
| Jan. 4, 2024 | 0.4300 |
| ▸2023 |
1.68 CAD
|
| Oct. 4, 2023 | 0.4300 |
| July 5, 2023 | 0.4300 |
| April 4, 2023 | 0.4300 |
| Jan. 5, 2023 | 0.3900 |
| ▸2022 |
1.52 CAD
|
| Oct. 4, 2022 | 0.3900 |
| July 5, 2022 | 0.3900 |
| April 4, 2022 | 0.3900 |
| Jan. 5, 2022 | 0.3500 |
| ▸2021 |
1.32 CAD
|
| Oct. 4, 2021 | 0.3500 |
| July 5, 2021 | 0.3500 |
| April 1, 2021 | 0.3100 |
| Jan. 5, 2021 | 0.3100 |
| ▸2020 |
1.20 CAD
|
| Oct. 2, 2020 | 0.3100 |
| July 3, 2020 | 0.3100 |
| April 2, 2020 | 0.3100 |
| Jan. 3, 2020 | 0.2700 |
| ▸2019 |
1.04 CAD
|
| Oct. 2, 2019 | 0.2700 |
| July 3, 2019 | 0.2700 |
| April 3, 2019 | 0.2700 |
| Jan. 3, 2019 | 0.2300 |
| ▸2018 |
0.88 CAD
|
| Oct. 2, 2018 | 0.2300 |
| July 3, 2018 | 0.2300 |
| April 2, 2018 | 0.2300 |
| Jan. 3, 2018 | 0.1900 |
| ▸2017 |
0.75 CAD
|
| Oct. 2, 2017 | 0.1900 |
| July 4, 2017 | 0.1900 |
| April 3, 2017 | 0.1900 |
| Jan. 3, 2017 | 0.1800 |
| ▸2016 |
0.71 CAD
|
| Oct. 3, 2016 | 0.1800 |
| July 4, 2016 | 0.1800 |
| April 1, 2016 | 0.1800 |
| Jan. 4, 2016 | 0.1700 |
| ▸2015 |
0.66 CAD
|
| Oct. 1, 2015 | 0.1700 |
| July 2, 2015 | 0.1700 |
| April 1, 2015 | 0.1700 |
| Jan. 2, 2015 | 0.1500 |
| ▸2014 |
0.58 CAD
|
| Oct. 1, 2014 | 0.1500 |
| July 2, 2014 | 0.1500 |
| April 1, 2014 | 0.1500 |
| Jan. 2, 2014 | 0.1300 |
| ▸2013 |
0.51 CAD
|
| Oct. 1, 2013 | 0.1300 |
| July 2, 2013 | 0.1300 |
| April 1, 2013 | 0.1300 |
| Jan. 2, 2013 | 0.1200 |
| ▸2012 |
0.47 CAD
|
| Oct. 1, 2012 | 0.1200 |
| July 3, 2012 | 0.1200 |
| April 2, 2012 | 0.1200 |
| Jan. 3, 2012 | 0.1100 |
| ▸2011 |
12.59 CAD
|
| Oct. 3, 2011 | 0.1100 |
| July 1, 2011 | 0.1600 |
| June 3, 2011 | 12.0000 |
| April 1, 2011 | 0.1600 |
| Jan. 4, 2011 | 0.1600 |
| ▸2010 |
0.61 CAD
|
| Oct. 1, 2010 | 0.1600 |
| July 2, 2010 | 0.1500 |
| April 1, 2010 | 0.1500 |
| Jan. 4, 2010 | 0.1500 |
| ▸2009 |
0.59 CAD
|
| Oct. 1, 2009 | 0.1500 |
| July 2, 2009 | 0.1500 |
| April 1, 2009 | 0.1500 |
| Jan. 2, 2009 | 0.1400 |
| ▸2008 |
0.54 CAD
|
| Oct. 1, 2008 | 0.1400 |
| July 2, 2008 | 0.1400 |
| April 1, 2008 | 0.1400 |
| Jan. 2, 2008 | 0.1200 |
| ▸2007 |
0.46 CAD
|
| Oct. 1, 2007 | 0.1200 |
| July 3, 2007 | 0.1200 |
| April 2, 2007 | 0.1200 |
| Jan. 2, 2007 | 0.1000 |
| ▸2006 |
0.38 CAD
|
| Oct. 2, 2006 | 0.1000 |
| July 4, 2006 | 0.1000 |
| April 3, 2006 | 0.1000 |
| Jan. 3, 2006 | 0.0800 |
| ▸2005 |
0.31 CAD
|
| Oct. 3, 2005 | 0.0800 |
| July 4, 2005 | 0.0800 |
| April 1, 2005 | 0.0800 |
| Jan. 3, 2005 | 0.0650 |
| ▸2004 |
0.44 CAD
|
| Oct. 1, 2004 | 0.0650 |
| July 2, 2004 | 0.0650 |
| April 1, 2004 | 0.0650 |
| April 1, 2004 | 0.1300 |
| Jan. 2, 2004 | 0.1100 |
| ▸2003 |
0.40 CAD
|
| Oct. 1, 2003 | 0.1100 |
| July 2, 2003 | 0.1000 |
| April 1, 2003 | 0.1000 |
| Jan. 2, 2003 | 0.0900 |
| ▸2002 |
0.36 CAD
|
| Oct. 1, 2002 | 0.0900 |
| July 2, 2002 | 0.0900 |
| April 2, 2002 | 0.0900 |
| Jan. 2, 2002 | 0.0850 |
| ▸2001 |
0.34 CAD
|
| Oct. 1, 2001 | 0.0850 |
| July 3, 2001 | 0.0850 |
| April 2, 2001 | 0.0850 |
| Jan. 2, 2001 | 0.0800 |
| ▸2000 |
0.31 CAD
|
| Oct. 2, 2000 | 0.0800 |
| July 3, 2000 | 0.0800 |
| April 3, 2000 | 0.0800 |
| Jan. 3, 2000 | 0.0700 |
| ▸1999 |
0.28 CAD
|
| Oct. 1, 1999 | 0.0700 |
| July 2, 1999 | 0.0700 |
| April 1, 1999 | 0.0700 |
| Jan. 4, 1999 | 0.0650 |
| ▸1998 |
0.36 CAD
|
| Oct. 1, 1998 | 0.0650 |
| July 2, 1998 | 0.0650 |
| April 1, 1998 | 0.1300 |
| Jan. 2, 1998 | 0.1000 |
| ▸1997 |
0.38 CAD
|
| Oct. 2, 1997 | 0.1000 |
| July 2, 1997 | 0.1000 |
| April 1, 1997 | 0.1000 |
| Jan. 2, 1997 | 0.0750 |
| ▸1996 |
0.08 CAD
|
| Oct. 2, 1996 | 0.0750 |
| Name | Payment Date | Status | Amount |
|---|---|---|---|
| Toromont Industries Ltd. | Jul 02, 2026 | Upcoming | 0.56 CAD |
| Toromont Industries Ltd. | Apr 02, 2026 | Paid | 0.56 CAD |
| Toromont Industries Ltd. | Jan 05, 2026 | Paid | 0.52 CAD |
| Toromont Industries Ltd. | Oct 03, 2025 | Paid | 0.52 CAD |
| Split Date | Split Ratio to 1 |
|---|---|
| April 1, 2004 | 2.000000 |
| April 29, 1998 | 2.000000 |
| May 1, 1996 | 2.000000 |
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