The North West Company Inc., through its subsidiaries, engages in the retail of food and everyday products and services to rural communities and urban neighborhood markets in northern Canada, rural Alaska, the South Pacific, and the Caribbean. The company's Canadian operations comprise 118 Northern stores, which offers food, financial services, and general merchandise; 5 NorthMart stores that provides fresh foods, apparel, and health products and services; 26 Quickstop convenience stores that provides ready-to-eat foods, and fuel and related services; 5 Giant Tiger junior discount stores, which offers family fashion, household products, and food; 2 Valu Lots discount center and direct-to-customer food distribution outlet; 1 solo market, a store in remote market; 3 Pharmacy and Convenience stores; and 1 North West Company motorsports dealership offering sales, service, parts and accessories for Ski-doo, Honda, Can-am and other premier brands. The Canadian operations also provides contract tele-pharmacist services to rural hospitals and health centers; water and air-based transportation services; and produce and fresh meats to independent grocery stores. Its international operations include 30 Alaska Commercial Company stores that provides food and general merchandise to remote and rural regions; 12 Cost-U-Less mid-size warehouse stores, which offers discount food and general merchandise; 4 Quickstop convenience stores; 9 Riteway food markets; and Pacific Alaska wholesale, a distributor to independent grocery stores, commercial accounts, and individual households in rural Alaska. The North West Company Inc. was founded in 1668 and is headquartered in Winnipeg, Canada.
North West Dividend Announcement
• North West announced a quarterly dividend of C$0.40 per ordinary share which will be made payable on 2024-10-15. Ex dividend date: 2024-09-27
• North West annual dividend for 2024 was C$1.18
• North West annual dividend for 2023 was C$1.54
• North West's trailing twelve-month (TTM) dividend yield is 3.01%
• North West's payout ratio for the trailing twelve months (TTM) is 56.17%
• North West's dividend growth over the last five years (2018-2023) was 3.77% year
• North West's dividend growth over the last ten years (2013-2023) was 3.24% year
North West Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-09-27 | C$0.40 | quarterly | 2024-10-15 |
| 2024-06-28 | C$0.39 | quarterly | 2024-07-15 |
| 2024-04-17 | C$0.39 | quarterly | 2024-04-29 |
| 2023-12-28 | C$0.39 | quarterly | 2024-01-15 |
| 2023-09-28 | C$0.39 | quarterly | 2023-10-13 |
| 2023-06-29 | C$0.38 | quarterly | 2023-07-14 |
| 2023-04-14 | C$0.38 | quarterly | 2023-04-27 |
| 2022-12-29 | C$0.38 | quarterly | 2023-01-16 |
| 2022-09-28 | C$0.38 | quarterly | 2022-10-14 |
| 2022-06-29 | C$0.37 | quarterly | 2022-07-15 |
| 2022-04-20 | C$0.37 | quarterly | 2022-04-28 |
| 2021-12-30 | C$0.37 | quarterly | 2022-01-14 |
| 2021-09-28 | C$0.37 | quarterly | 2021-10-15 |
| 2021-06-29 | C$0.36 | quarterly | 2021-07-15 |
| 2021-04-15 | C$0.36 | quarterly | 2021-04-28 |
| 2020-12-30 | C$0.36 | quarterly | 2021-01-15 |
| 2020-09-29 | C$0.36 | quarterly | 2020-10-15 |
| 2020-06-29 | C$0.33 | quarterly | 2020-07-15 |
| 2020-03-30 | C$0.33 | quarterly | 2020-04-15 |
| 2019-12-30 | C$0.33 | quarterly | 2020-01-15 |
| 2019-09-27 | C$0.33 | quarterly | 2019-10-15 |
| 2019-06-27 | C$0.33 | quarterly | 2019-07-15 |
| 2019-03-28 | C$0.33 | quarterly | 2019-04-15 |
| 2018-12-28 | C$0.32 | quarterly | 2019-01-15 |
| 2018-09-27 | C$0.32 | quarterly | 2018-10-15 |
| 2018-06-28 | C$0.32 | quarterly | 2018-07-16 |
| 2018-03-28 | C$0.32 | quarterly | 2018-04-16 |
| 2017-12-28 | C$0.32 | quarterly | 2018-01-15 |
| 2017-09-28 | C$0.32 | quarterly | 2017-10-16 |
| 2017-06-28 | C$0.32 | quarterly | 2017-07-17 |
| 2017-03-29 | C$0.32 | quarterly | 2017-04-17 |
| 2016-12-28 | C$0.31 | quarterly | 2017-01-16 |
| 2016-09-28 | C$0.31 | quarterly | 2016-10-17 |
| 2016-06-28 | C$0.31 | quarterly | 2016-07-15 |
| 2016-03-29 | C$0.31 | quarterly | 2016-04-15 |
| 2015-12-29 | C$0.31 | quarterly | 2016-01-15 |
| 2015-09-28 | C$0.31 | quarterly | 2015-10-15 |
| 2015-06-26 | C$0.29 | quarterly | 2015-07-15 |
| 2015-03-27 | C$0.29 | quarterly | 2015-04-15 |
| 2014-12-29 | C$0.29 | quarterly | 2015-01-15 |
| 2014-09-26 | C$0.29 | quarterly | 2014-10-15 |
| 2014-06-26 | C$0.29 | quarterly | 2014-07-15 |
| 2014-03-27 | C$0.29 | quarterly | 2014-04-15 |
| 2013-12-27 | C$0.28 | quarterly | 2014-01-15 |
| 2013-09-26 | C$0.28 | quarterly | 2013-10-15 |
| 2013-06-26 | C$0.28 | quarterly | 2013-07-15 |
| 2013-03-26 | C$0.28 | quarterly | 2013-04-15 |
North West Dividend per year
North West Dividend growth
North West Dividend Yield
North West current trailing twelve-month (TTM) dividend yield is 3.01%. Interested in purchasing North West stock? Use our calculator to estimate your expected dividend yield:
North West Financial Ratios
P/E ratio18.80
PEG ratio50.75
P/B ratio3.48
ROE19.09%
Payout ratio56.17%
Current ratio2.22
Quick ratio0.89
Cash Ratio0.35
North West Dividend FAQ
How much is the next North West dividend?
North West's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next North West dividend. The next North West dividend will be released in April, June, September, or December.
When is North West dividend paid?
North West pays dividends on a quarterly basis. The specific dates may vary each year but are generally around April, June, September, and December. 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 North West pay?
The specific amount of North West 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 North West's dividend history.
Does North West stock pay dividends?
Yes, North West 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 North West's dividend history.
How much dividend does North West pay?
North West paid C$1.18 in 2024, C$1.54 in 2023, C$1.5 in 2022, C$1.46 in 2021, and C$1.38 in 2020.
How often does North West pay dividends?
North West 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 April, June, September, and December.
What is North West's dividend yield?
The current dividend yield for North West is 3.01%. 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 North West's exact dividend yield.
When does North West go ex dividend?
North West's ex-dividend date for the latest dividend was on 2024-09-27. North West 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 North West dividend paid?
North West pays dividends on a quarterly basis, typically around April, June, September, or December, but the exact dates can vary each year.
Will North West 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 North West 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 North West dividend per share?
North West paid C$1.18 per share in 2024 and C$1.54 per share in 2023. The amount of dividend per share that North West 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 North West 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 North West 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 North West a dividend stock?
Yes, North West is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is North West a good dividend stock?
Whether North West is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. North West has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating North West 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.
Other factors to consider when evaluating North West 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 North West pay dividends monthly?
North West typically pays dividends on a quarterly basis.
Does North West pay dividends quarterly?
North West currently pays dividends on a quarterly basis.
Has North West ever paid a dividend?
Yes, North West has a history of paying dividends to its shareholders. North West is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy North West dividend stocks?
To buy North West 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 North West 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.
Place an order: Use the brokerage's trading platform to place an order to buy North West 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 North West pay dividends 2024?
North West pays dividends on a quarterly basis. 2024 dividend payments are in 2024-10-15. 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 North West increase its dividend in 2024?
Decisions regarding North West 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 North West dividend overview you can look into the above table of dividend history.
How North West dividend works?
The North West 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 North West's dividend process works:
1. Determination of Dividend: North West'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, North West 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, North West 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 North West 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. Determination of Dividend: North West'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, North West 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, North West 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 North West 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 North West dividends paid?
North West dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: North West 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, North West distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: North West 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.
1. Record Date: North West 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, North West distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: North West 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 North West pay dividends?
North West 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 North West pay dividends?
The general pattern is that North West pays dividends around April, June, September, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is North West dividend safe?
The safety of North West'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 North West'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 North West'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.
To assess the safety of North West'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 North West'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.