1
Derived from payout historyIncome reliability
Quarterly income profile is visible
ATD.TO has an income profile aligned with its dividend company role. Provider data shows 4 recent payout records.
Market dataIncome framework read
Dividend CompanyTSXCanada
ATD.TO
Alimentation Couche-Tard
Consumer StaplesPlain dividendQuarterly
Market Snapshot
$76.90
-$0.30 (-0.39%)
Toronto
Yield
1.12%
Rate $0.86
Next Payment
—
Ex-date 2026-09-11
52wk Position
32.03%
-19.18% below high
Updated —
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
- Cash
- $21.50
- APR
- 0.280
- Coverage
- 0.280
Broken. The dividend no longer covers the target print rate. Top up shares or lower the target print rate.
Price Creep
Defended price ceiling
- Max defended
- $21.50
- Cushion
- -$55.40
- Cushion %
- -72.04%
Current $76.90Break $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
5mo agoDRIP availability
Available
5mo agoTax character
Eligible dividend
5mo agoDistribution history
Multi-decade
5mo agoStructure complexity
Simple
5mo agoIncome trend
Growing
5mo agoAccount suitability
Non-reg: eligible div
5mo agoGrowth-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 ToolStructure 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.
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
Run Your Numbers
Carry this holding into a calculator
Use a planning tool that matches this holding's structure, payout timing, and income use case.
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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.