Finning International dividend yield calculator – Finning International Declares 0.25 Cash Dividend

🌥️Dividends Yield

On May 25th 2023, Finning International ($TSX:FTT) Inc. declared a 0.25 cash dividend for the upcoming year. This is the fourth consecutive annual dividend the company has issued per share over the past three years, with values of 0.94 CAD, 0.93 CAD, and 0.86 CAD respectively. This brings dividend yields of 2.86%, 2.87%, and 2.54% from 2021 to 2023 respectively, with an average dividend yield of 2.76%. Therefore, if investors are looking for dividend stocks, Finning International might be a good option to consider.

The ex-dividend date for the 2023 dividend is May 24th, which means that if you purchase your shares before that date, you will be eligible to receive the dividend. It is also important to note that buying stocks for dividends is a high-risk strategy and should only be done with caution.

Market Price

The stock opened at CA$36.5 on Thursday and closed at CA$36.4, a decrease of 0.4% from the previous closing price of 36.5. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Finning International. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Finning International. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Finning International. More…

Key Ratios Snapshot

Some of the financial key ratios for Finning International are shown below. More…

Analysis

At GoodWhale, we conducted an analysis of FINNING INTERNATIONAL’s wellbeing. Our Risk Rating concluded that FINNING INTERNATIONAL is a medium risk investment. We assessed the company’s financial and business aspects to come to this conclusion. Further, our analysis revealed two risk warnings in FINNING INTERNATIONAL’s income sheet and balance sheet. If you’d like to have a closer look at these risks, make sure to register on goodwhale.com and see for yourself. More…

Peers

The competition between Finning International Inc and its competitors – Titan Machinery Inc, Hoe Leong Corp Ltd, and XCMG Construction Machinery Co Ltd – is fierce. They are all vying for the top spot in the heavy equipment industry, offering a wide range of products and services to their customers. Each of these companies has a distinct strategy that sets them apart from the competition, but their ultimate goal is to be the industry leader.

– Titan Machinery Inc ($NASDAQ:TITN)

Titan Machinery Inc is a leading global manufacturer and retailer of agricultural and construction equipment. The company has a market cap of 873.31 million as of 2022, making it one of the largest companies in its sector. Its Return on Equity (ROE) of 18.58% is also impressive, indicating that the company’s management is able to generate high returns on its invested capital. The company operates a network of stores and service centers across various states in the US and has established a strong presence in the agricultural and construction equipment markets.

– Hoe Leong Corp Ltd ($SGX:H20)

Hoe Leong Corp Ltd is a Singapore-based publicly listed company that specializes in the design, manufacture and supply of original equipment and aftermarket parts, components and systems for the agricultural, construction and industrial machinery industries. As of 2022, the company has a market cap of 41.25M and a Return on Equity of 6.03%. The market capitalization of Hoe Leong Corp Ltd is an indication of its size and value, while its Return on Equity (ROE) is an indicator of its profitability and financial stability.

– XCMG Construction Machinery Co Ltd ($SZSE:000425)

XCMG Construction Machinery Co Ltd is a Chinese construction machinery manufacturer, producing a variety of heavy machinery used in construction projects around the world. The company has a market capitalization of 61.8 billion dollars as of 2022 and a Return on Equity of 6.21%. This indicates that the company is performing well and is a strong investment for those looking to diversify their portfolio. XCMG specializes in the production of hydraulic excavators, wheeled loaders, and cranes, making it a go-to choice for construction companies in need of reliable equipment.

Summary

FINNING INTERNATIONAL has been offering an annual dividend for the past three years, with yields of 2.86%, 2.87% and 2.54% from 2021 to 2023 respectively, which averages out to 2.76%. This could make it a viable option for those looking to invest in dividend stocks. It is recommended to do further research and analysis to ensure that the company is well-suited to an investor’s particular needs before committing to any investment.