George Weston Limited provides food and drug retailing, and financial services in Canada and internationally. The company operates through two segments, Loblaw Companies Limited (Loblaw) and Choice Properties Real Estate Investment Trust (Choice Properties). The Loblaw segment provides grocery, pharmacy, health and beauty, apparel, general merchandise, and financial services. It operates retail drug stores under the Shoppers Drug Mart name. This segment also provides credit card services, insurance brokerage services, guaranteed investment certificates, and wireless mobile products and services. The Choice Properties segment owns, operates, and manages commercial, residential, tenant, industrial, and office properties. It provides products under the President's Choice, Life Brand, and Farmer's Market brands. The company was founded in 1882 and is based in Toronto, Canada. George Weston Limited is a subsidiary of Wittington Investments, Limited.
George Weston Dividend Announcement
• George Weston announced a quarterly dividend of $0.61 per ordinary share which will be made payable on 2025-01-01. Ex dividend date: 2024-12-13
• George Weston annual dividend for 2024 was $2.34
• George Weston annual dividend for 2023 was $2.07
• George Weston's trailing twelve-month (TTM) dividend yield is 1.38%
• George Weston's payout ratio for the trailing twelve months (TTM) is 68.65%
• George Weston's dividend growth over the last five years (2018-2023) was 5.03% year
• George Weston's dividend growth over the last ten years (2013-2023) was 2.60% year
George Weston Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-13 | $0.61 | quarterly | 2025-01-01 |
2024-09-13 | $0.60 | quarterly | 2024-10-01 |
2024-06-14 | $0.60 | quarterly | 2024-07-01 |
2024-03-14 | $0.53 | quarterly | 2024-04-01 |
2023-12-14 | $0.53 | quarterly | 2024-01-01 |
2023-09-14 | $0.53 | quarterly | 2023-10-01 |
2023-06-14 | $0.54 | quarterly | 2023-07-01 |
2023-03-14 | $0.48 | quarterly | 2023-03-15 |
2022-12-14 | $0.49 | quarterly | 2023-01-01 |
2022-09-14 | $0.50 | quarterly | 2022-10-01 |
2022-06-14 | $0.51 | quarterly | 2022-07-01 |
2022-03-14 | $0.60 | quarterly | 2022-04-01 |
2021-12-14 | $0.47 | quarterly | 2022-01-01 |
2021-09-14 | $0.47 | quarterly | 2021-10-01 |
2021-06-14 | $0.45 | quarterly | 2021-07-01 |
2021-03-12 | $0.44 | quarterly | 2021-04-01 |
2020-12-14 | $0.43 | quarterly | 2021-01-01 |
2020-09-14 | $0.40 | quarterly | 2020-10-01 |
2020-06-12 | $0.39 | quarterly | 2020-07-01 |
2020-03-12 | $0.38 | quarterly | 2020-04-01 |
2019-12-12 | $0.40 | quarterly | 2020-01-01 |
2019-09-12 | $0.40 | quarterly | 2019-10-01 |
2019-06-13 | $0.39 | quarterly | 2019-07-01 |
2019-03-14 | $0.52 | quarterly | 2019-03-15 |
2018-12-13 | $0.52 | quarterly | 2019-01-01 |
2018-09-13 | $0.38 | quarterly | 2018-10-01 |
2018-06-14 | $0.38 | quarterly | 2018-07-01 |
2018-03-14 | $0.35 | quarterly | 2018-04-01 |
2017-12-14 | $0.35 | quarterly | 2018-01-01 |
2017-09-14 | $0.37 | quarterly | 2017-10-01 |
2017-06-13 | $0.34 | quarterly | 2017-07-01 |
2017-03-13 | $0.33 | quarterly | 2017-04-01 |
2016-12-13 | $0.34 | quarterly | 2017-01-01 |
2016-09-13 | $0.34 | quarterly | 2016-10-01 |
2016-06-13 | $0.34 | quarterly | 2016-07-01 |
2016-03-11 | $0.32 | quarterly | 2016-04-01 |
2015-12-11 | $0.31 | quarterly | 2016-01-01 |
2015-09-11 | $0.32 | quarterly | 2015-10-01 |
2015-06-11 | $0.35 | quarterly | 2015-07-01 |
2015-03-11 | $0.33 | quarterly | 2015-04-01 |
2014-12-11 | $0.37 | quarterly | 2015-01-01 |
2014-09-11 | $0.38 | quarterly | 2014-10-01 |
2014-06-11 | $0.39 | quarterly | 2014-07-01 |
2014-03-12 | $0.37 | quarterly | 2014-04-01 |
2013-12-11 | $0.39 | quarterly | 2014-01-01 |
2013-09-11 | $0.41 | quarterly | 2013-10-01 |
2013-06-12 | $0.41 | quarterly | 2013-07-01 |
2013-03-13 | $0.38 | quarterly | 2013-04-01 |
George Weston Dividend per year
George Weston Dividend growth
George Weston Dividend Yield
George Weston current trailing twelve-month (TTM) dividend yield is 1.38%. Interested in purchasing George Weston stock? Use our calculator to estimate your expected dividend yield:
George Weston Financial Ratios
George Weston Dividend FAQ
Other factors to consider when evaluating George Weston as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: George Weston's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, George Weston publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, George Weston distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from George Weston are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: George Weston sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, George Weston distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: George Weston declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of George Weston's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review George Weston's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.