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Metro Inc. operates as a retailer, franchisor, distributor, and manufacturer in the food and pharmaceutical sectors in Canada. It operates supermarkets and discount stores that provide fresh and grocery products, baked goods, prepared foods, meats, dairy products, fruits and vegetables, frozen foods, bakery products, and pastries, as well as Mediterranean and Middle Eastern products. As of September 25, 2021, the company operated a network of approximately 963 food stores under various banners, including Metro, Metro Plus, Super C, and Food Basics, Adonis, and Premiere Moisson as well as approximately 649 drugstores primarily under the Jean Coutu, Brunet, Metro Pharmacy, and Food Basics Pharmacy banners. It also manufactures generic drugs; and provides online grocery shopping services. Metro Inc. was founded in 1947 and is headquartered in Montréal, Canada.

Metro Dividend Announcement

Metro announced a quarterly dividend of $0.24 per ordinary share which will be made payable on 2024-11-12. Ex dividend date: 2024-10-24
Metro annual dividend for 2024 was $0.98
Metro annual dividend for 2023 was $0.89
Metro's trailing twelve-month (TTM) dividend yield is 1.6%
Metro's payout ratio for the trailing twelve months (TTM) is 31.08%
Metro's dividend growth over the last five years (2018-2023) was 9.90% year

Metro Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-10-24$0.24quarterly2024-11-12
2024-09-05$0.25quarterly2024-09-24
2024-05-14$0.25quarterly2024-06-04
2024-02-14$0.25quarterly2024-03-12
2023-10-26$0.22quarterly2023-11-14
2023-08-29$0.22quarterly2023-09-20
2023-05-09$0.23quarterly2023-05-30
2023-02-08$0.23quarterly2023-03-06
2022-10-20$0.20quarterly2022-11-08
2022-08-30$0.21quarterly2022-09-21
2022-05-11$0.21quarterly2022-06-01
2022-02-09$0.22quarterly2022-03-07
2021-10-21$0.20quarterly2021-11-09
2021-08-31$0.20quarterly2021-09-22
2021-05-19$0.21quarterly2021-06-11
2021-02-10$0.20quarterly2021-03-08
2020-10-22$0.17quarterly2020-11-10
2020-09-01$0.17quarterly2020-09-23
2020-05-20$0.16quarterly2020-06-12
2020-02-12$0.17quarterly2020-03-10
2019-10-24$0.15quarterly2019-11-12
2019-09-03$0.15quarterly2019-09-25
2019-02-13$0.15quarterly2019-03-12
2018-10-25$0.14quarterly2018-11-13
2018-09-04$0.14quarterly2018-09-26
2018-05-02$0.14quarterly2018-05-25
2018-02-14$0.14quarterly2018-03-13
2017-10-26$0.13quarterly2017-11-14
2017-08-31$0.13quarterly2017-09-26
2017-05-19$0.12quarterly2017-06-15
2017-02-13$0.12quarterly2017-03-13
2016-10-26$0.10quarterly
2016-08-31$0.11quarterly
2016-05-16$0.11quarterly
2016-02-12$0.10quarterly
2015-11-04$0.09quarterly
2015-08-28$0.09quarterly
2015-05-19$0.10quarterly
2015-02-13$0.10quarterly
2014-11-05$0.26quarterly
2014-08-28$0.28quarterly
2014-05-13$0.28quarterly
2014-02-13$0.27quarterly

Metro Dividend per year

Metro Dividend growth

Metro Dividend Yield

Metro current trailing twelve-month (TTM) dividend yield is 1.6%. Interested in purchasing Metro stock? Use our calculator to estimate your expected dividend yield:

Metro Financial Ratios

P/E ratio20.48
PEG ratio0.15
P/B ratio2.78
ROE13.62%
Payout ratio31.08%
Current ratio1.10
Quick ratio0.43
Cash Ratio0.00

Metro Dividend FAQ

How much is the next Metro dividend?
Metro's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Metro dividend. The next Metro dividend will be released in February, May, August, or October.
When is Metro dividend paid?
Metro pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, May, August, and October. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Metro pay?
The specific amount of Metro dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Metro's dividend history.
Does Metro stock pay dividends?
Yes, Metro does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Metro's dividend history.
How much dividend does Metro pay?
Metro paid $0.982 in 2024, $0.894 in 2023, $0.839 in 2022, $0.805 in 2021, and $0.674 in 2020.
How often does Metro pay dividends?
Metro typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around February, May, August, and October.
What is Metro's dividend yield?
The current dividend yield for Metro is 1.6%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Metro's exact dividend yield.
When does Metro go ex dividend?
Metro's ex-dividend date for the latest dividend was on 2024-10-24. Metro typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Metro dividend paid?
Metro pays dividends on a quarterly basis, typically around February, May, August, or October, but the exact dates can vary each year.
Will Metro increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Metro will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Metro dividend per share?
Metro paid $0.982 per share in 2024 and $0.894 per share in 2023. The amount of dividend per share that Metro pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Metro a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Metro a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Metro a dividend stock?
Yes, Metro is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Metro a good dividend stock?
Whether Metro is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Metro has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Metro 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.
Does Metro pay dividends monthly?
Metro typically pays dividends on a quarterly basis.
Does Metro pay dividends quarterly?
Metro currently pays dividends on a quarterly basis.
Has Metro ever paid a dividend?
Yes, Metro has a history of paying dividends to its shareholders. Metro is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Metro dividend stocks?
To buy Metro you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Metro stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Metro pay dividends 2024?
Metro pays dividends on a quarterly basis. 2024 dividend payments are in 2024-11-12. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Metro increase its dividend in 2024?
Decisions regarding Metro dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Metro dividend overview you can look into the above table of dividend history.
How Metro dividend works?
The Metro dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Metro's dividend process works:

1. Determination of Dividend: Metro'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, Metro 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, Metro 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 Metro 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.
How are Metro dividends paid?
Metro dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Metro 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, Metro distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Metro 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.
How many times does Metro pay dividends?
Metro typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Metro pay dividends?
The general pattern is that Metro pays dividends around February, May, August, and October. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Metro dividend safe?
The safety of Metro's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Metro'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 Metro'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.