Toromont Industries Ltd.

TIH

CA8911021050

Heavy Machinery & Vehicles

Market Closed - Toronto S.E. Other stock markets 04:00:00 2024-05-01 pm EDT			5-day change	1st Jan Change
125.3 ^CAD	-0.56%		-3.72%	+7.92%

May. 01	Toromont Industries Brief: Q1 Basic earnings per share $1.02, Down 13% YoY; Revenue $1,016.3 Million, Down 3%	MT
May. 01	North American Morning Briefing : Traders Wait for Rate Decision, Powell; AMD Tumbles	DJ

Toromont Industries Ltd. Approves A Quarterly Dividend, Payable on January 4, 2024

October 30, 2023 at 05:15 pm EDT

The Board of Directors of Toromont Industries Ltd. approved a quarterly dividend of $0.43 cents per share, payable on January 4, 2024 to shareholders on record on December 8, 2023.

Latest news about Toromont Industries Ltd.

Toromont Industries Brief: Q1 Basic earnings per share $1.02, Down 13% YoY; Revenue $1,016.3 Million, Down 3%	May. 01	MT
North American Morning Briefing : Traders Wait for Rate Decision, Powell; AMD Tumbles	May. 01	DJ
National Bank on Ontario Budget	Mar. 27	MT
Toromont Industries Price Target Raised to $140 at RBC	Feb. 15	MT
National Bank Notes 'Another Solid' Quarter From Toromont Industries; Raises Price Target; Up 3.4%	Feb. 14	MT
National Bank Notes 'Another Solid' Quarter From Toromont Industries; Raises Price Target; Up 3.4%	Feb. 14	MT
Toromont Industries Maintained at Outperform at BMO After Q4 Results, Dividend Hike; Price Target Kept at C$130.00	Feb. 14	MT
Transcript : Toromont Industries Ltd., Q4 2023 Earnings Call, Feb 14, 2024	Feb. 14
Tranche Update on Toromont Industries Ltd.'s Equity Buyback Plan announced on September 15, 2023.	Feb. 13	CI
Toromont Industries Ltd. Reports Earnings Results for the Full Year Ended December 31, 2023	Feb. 13	CI
Toromont Industries Brief: Revenue increased $98.4 million or 9% in Q4 compared to the similar period last year, with higher revenues in both group	Feb. 13	MT
Toromont Industries Brief: Increased the quarterly dividend by 11.6% to $0.48 per share	Feb. 13	MT
Toromont Industries Brief: Q4 Basic earnings per share $1.87	Feb. 13	MT
Toromont Increases Quarterly Dividend, Payable on April 4, 2024	Feb. 13	CI
National Bank Notes Support for Heavy Equipment Demand	Jan. 29	MT
Toromont Industries Brief: Downgraded To Sector Perform From Buy, But Target Price Lifted To $125 at Scotiabank On Higher Gross Margin Expansion Vs Peers, BNN TV notes	Jan. 23	MT
Lawnmowers banned in California: which companies will be affected?	Nov. 20	MT
Toromont Industries Upgraded to Outperform at BMO	Nov. 01	MT
National Bank Raises Price Target on Toromont Industries After 'Impressive Margin Performance' in Q3	23-10-31	MT
Toromont Industries Seeks Acquisitions	23-10-31	CI
Transcript : Toromont Industries Ltd., Q3 2023 Earnings Call, Oct 31, 2023	23-10-31
Tranche Update on Toromont Industries Ltd.'s Equity Buyback Plan announced on September 15, 2022.	23-10-30	CI
Tranche Update on Toromont Industries Ltd.'s Equity Buyback Plan announced on September 15, 2023.	23-10-30	CI
Toromont Industries Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	23-10-30	CI
Toromont Industries Third-Quarter Profit Rises 18% on Higher Sales	23-10-30	MT

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Toromont Industries Ltd. is a Canada-based company, which serves the specialized equipment and lifetime product support needs of thousands of customers in diverse industries from roadbuilding to mining and telecommunications to food and beverage processing. The Company operates through two business segments: the Equipment Group and CIMCO. The Equipment Group segment includes a Caterpillar dealership by revenue and geographic territory, spanning the Canadian provinces of Newfoundland and Labrador, Nova Scotia, New Brunswick, Prince Edward Island, Quebec, Ontario and Manitoba, in addition to various territory of Nunavut. The segment includes rental operations and a complementary material handling business. CIMCO segment is engaged in the designing, engineering, fabrication and installation of industrial and recreational refrigeration systems. Both segments offer comprehensive product support capabilities.

Sector

Heavy Machinery & Vehicles

Calendar

08:00am - Q1 2024 Earnings Call

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Ratings for Toromont Industries Ltd.

Trading Rating

Investor Rating

ESG Refinitiv

C+

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

125.3 CAD

Average target price

136.7 CAD

Spread / Average Target

+9.10%

Consensus

EPS Revisions

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Quarterly earnings - Rate of surprise

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Sector Heavy Machinery & Vehicles Wholesale

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