Market dataIncome framework read
Dividend CompanyTSXCanada

ATD.TO

Alimentation Couche-Tard

Consumer StaplesPlain dividendQuarterly

Market Snapshot

$91.87

+$9.61 (11.68%)

Toronto

Yield

0.94%

Rate $0.86

Next Payment

Payment date passed

Ex-date 2026-07-09

52wk Position

97.18%

-0.78% below high

Updated just now

Income Intelligence Summary

Deterministic interpretation from Prospyr's income framework and available market data.

Framework readout
1

Income reliability

Derived from payout history

Quarterly income profile is visible

ATD.TO has an income profile aligned with its dividend company role. Provider data shows 4 recent payout records.

2

DRIP defense

Editorial framework

Default DRIP test is not defended

ATD.TO does not cover one full share per payment at the default 100-share test. Coverage is 0.23.

3

Main watch item

Editorial framework

DRIP coverage is the weak point

ATD.TO is below the defended default DRIP zone. The practical watch item is share count versus current price, not just stated yield.

Decision Area

Distribution and DRIP Defense

Payout history, default DRIP coverage, and price creep pressure using market data where available.

Distribution Chart

Last 12 payments

Confirmed Expected

Coverage Ratio Test

DRIP defense check

Failed
Cash
$21.50
APR
0.234
Coverage
0.234

Rung failed. Restore immediately or rebalance the holding.

Price Creep

Defended price ceiling

Max defended
$21.50
Cushion
-$70.37
Cushion %
-76.60%
Current $91.87Break $21.50

Smart Recommendation

ATD.TO is not defended at these inputs; top up shares, lower TPR, or test alternatives.

Research Signals

Payout sustainability

Moderate

1mo ago

DRIP availability

Available

1mo ago

Tax character

Eligible dividend

1mo ago

Distribution history

Multi-decade

1mo ago

Structure complexity

Simple

1mo ago

Income trend

Growing

1mo ago

Account suitability

Non-reg: eligible div

1mo ago

Growth-to-Income Holding

ATD is a growth-first holding whose income thesis depends on compounding low-yield dividend growth into meaningful yield-on-cost. Use the Portfolio Conversion Tool to model the conversion timeline before including ATD in a near-term income plan.

Open Portfolio Conversion Tool

Structure Overview

Alimentation Couche-Tard (ATD) is a global convenience and fuel retail company with a strong track record of acquisition-driven growth. ATD pays a modest eligible dividend that has grown consistently; the current yield on market price is very low, making it primarily a growth holding with income optionality. The income thesis relies on dividend growth compounding over a long holding period.

Canadian Planning Notes

  • 1ATD's current yield is low relative to its market price; the income thesis relies on consistent dividend growth compounding to meaningful yield-on-cost over a multi-year horizon.
  • 2Eligible dividends qualify for the tax credit; DRIP is available and particularly valuable when the current yield is low.
  • 3ATD's acquisition activity (including the attempted 7-Eleven acquisition) can temporarily affect leverage and short-term dividend growth capacity; monitor integration cycles.

Market Facts

Market Data

A factual market, distribution, valuation, and financial snapshot for this holding.

Market Data

Market data

Updated facts where available

Price

$91.87

Previous close

$82.26

Day range

$87.20 - $92.60

52wk range

$66.93 - $92.60

Market cap

84.4B

Volume

5.2M

Avg volume

1.2M

Exchange

Toronto

Dividend and distribution

Forward rate

$0.86

Trailing rate

$0.82

Forward yield

0.94%

Trailing yield

0.00%

Per payment

$0.22

Cadence

Quarterly

Next ex-date

Jul 9, 2026

Next pay

Apr 9, 2026

Last dividend

$0.22

Last dividend date

Mar 26, 2026

Performance

Daily change

$9.61

Daily change %

11.68%

52wk position

97.18%

Below 52wk high

-0.78%

Above 52wk low

37.26%

Open

$87.20

Earnings and financials

Trailing EPS

4.78

Forward EPS

5.11

Revenue

76.5B

Revenue growth

-22.10%

Profit margin

4.11%

Operating margin

9.25%

Payout ratio

N/A

Free cash flow

N/A

Total cash

3.5B

ROE

20.44%

ROA

N/A

Debt/equity

75.87

Beta

N/A

Valuation

Trailing P/E

19.22

Forward P/E

17.98

Price/sales

1.1

Price/book

4.11

Enterprise value

N/A

EV/EBITDA

N/A

Analyst facts

Target mean

$94.31

Target high

$106.17

Target low

$84.35

Recommendation mean

1.8

Recommendation key

buy

Analysts

19

Canadian Context

Account placement

Non-registered

Eligible Canadian dividends qualify for the dividend tax credit, which can improve after-tax income in taxable accounts.

TFSA: Tax-free growth and withdrawals.

RRSP: Tax-deferred growth, with withdrawals taxed as regular income.

Eligible dividend tax credit

Total credit
$345.27
Effective rate
34.53%

Broker DRIP status

Questrade

Available

Wealthsimple

Available

RBC Direct Investing

Available

TD Direct Investing

Available

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This profile is informational only and does not constitute licensed financial advice. Signal values, planning notes, market data, and structure summaries may not reflect the most current issuer disclosures. Always verify current payout policy, ex-dividend dates, financial statements, and issuer communications before making any investment decision.