Latest news with #RichelieuHardware
Global News
18 hours ago
- Business
- Global News
5 things to watch for in the Canadian business world in the coming week
Five things to watch for in the Canadian business world in the coming week: Stampede The oilpatch is donning cowboy hats and boots this week for the Calgary Stampede. The annual gathering may be best known for its rodeo and pancake breakfasts, but it's also a networking opportunity for industry dealmakers in Alberta and a chance to gauge how the province's economy is faring. Story continues below advertisement Trade U.S. President Donald Trump's deadline for trade deals with many countries around the world is Wednesday. While Canada was not part of Trump's so-called Liberation Day tariffs, U.S. trade talks with those countries affected could signal what may be to come for Canadian negotiators facing their own self-imposed deadline for a trade deal with the U.S. later this month. Aritzia earnings Aritzia Inc. is expected to release its first-quarter earnings on Thursday. The clothing retailer has been shifting some of its supply chain away from China in the wake of a global trade war. Its goal is to cut its China production from 25 to 20 per cent for its upcoming fall-winter season. Story continues below advertisement Richelieu Hardware results Richelieu Hardware Ltd. will release its second-quarter results and hold a conference call with financial analysts on Thursday. The company is a distributor, importer and manufacturer of specialty hardware and other products with operations in Canada and the United States. Jobs Statistics Canada will offer its latest look at the country's job market on Friday when it releases its labour force survey for June. The Canadian economy added 8,800 jobs in May when the unemployment rate rose a tenth of a percentage point to 7 per cent. Outside the pandemic years, that's the highest it's been since 2016.
Yahoo
17-06-2025
- Business
- Yahoo
Those who invested in Richelieu Hardware (TSE:RCH) five years ago are up 30%
If you buy and hold a stock for many years, you'd hope to be making a profit. Better yet, you'd like to see the share price move up more than the market average. Unfortunately for shareholders, while the Richelieu Hardware Ltd. (TSE:RCH) share price is up 22% in the last five years, that's less than the market return. Zooming in, the stock is actually down 12% in the last year. Now it's worth having a look at the company's fundamentals too, because that will help us determine if the long term shareholder return has matched the performance of the underlying business. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. While markets are a powerful pricing mechanism, share prices reflect investor sentiment, not just underlying business performance. By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time. Over half a decade, Richelieu Hardware managed to grow its earnings per share at 4.9% a year. This EPS growth is reasonably close to the 4% average annual increase in the share price. Therefore one could conclude that sentiment towards the shares hasn't morphed very much. Indeed, it would appear the share price is reacting to the EPS. You can see below how EPS has changed over time (discover the exact values by clicking on the image). We like that insiders have been buying shares in the last twelve months. Having said that, most people consider earnings and revenue growth trends to be a more meaningful guide to the business. Before buying or selling a stock, we always recommend a close examination of historic growth trends, available here.. When looking at investment returns, it is important to consider the difference between total shareholder return (TSR) and share price return. The TSR incorporates the value of any spin-offs or discounted capital raisings, along with any dividends, based on the assumption that the dividends are reinvested. Arguably, the TSR gives a more comprehensive picture of the return generated by a stock. We note that for Richelieu Hardware the TSR over the last 5 years was 30%, which is better than the share price return mentioned above. The dividends paid by the company have thusly boosted the total shareholder return. Investors in Richelieu Hardware had a tough year, with a total loss of 10% (including dividends), against a market gain of about 23%. However, keep in mind that even the best stocks will sometimes underperform the market over a twelve month period. Longer term investors wouldn't be so upset, since they would have made 5%, each year, over five years. If the fundamental data continues to indicate long term sustainable growth, the current sell-off could be an opportunity worth considering. It is all well and good that insiders have been buying shares, but we suggest you check here to see what price insiders were buying at. Richelieu Hardware is not the only stock insiders are buying. So take a peek at this free list of small cap companies at attractive valuations which insiders have been buying. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on Canadian exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Yahoo
16-04-2025
- Business
- Yahoo
Richelieu Hardware (TSE:RCH) Has Affirmed Its Dividend Of CA$0.1533
The board of Richelieu Hardware Ltd. (TSE:RCH) has announced that it will pay a dividend of CA$0.1533 per share on the 8th of May. This means that the annual payment will be 1.9% of the current stock price, which is in line with the average for the industry. We check all companies for important risks. See what we found for Richelieu Hardware in our free report. While it is always good to see a solid dividend yield, we should also consider whether the payment is feasible. However, Richelieu Hardware's earnings easily cover the dividend. This means that most of what the business earns is being used to help it grow. Looking forward, earnings per share could rise by 4.9% over the next year if the trend from the last few years continues. If the dividend continues on this path, the payout ratio could be 43% by next year, which we think can be pretty sustainable going forward. Check out our latest analysis for Richelieu Hardware The company has a long dividend track record, but it doesn't look great with cuts in the past. Since 2015, the annual payment back then was CA$0.187, compared to the most recent full-year payment of CA$0.613. This means that it has been growing its distributions at 13% per annum over that time. Richelieu Hardware has grown distributions at a rapid rate despite cutting the dividend at least once in the past. Companies that cut once often cut again, so we would be cautious about buying this stock solely for the dividend income. With a relatively unstable dividend, it's even more important to evaluate if earnings per share is growing, which could point to a growing dividend in the future. However, Richelieu Hardware has only grown its earnings per share at 4.9% per annum over the past five years. If Richelieu Hardware is struggling to find viable investments, it always has the option to increase its payout ratio to pay more to shareholders. Overall, we think Richelieu Hardware is a solid choice as a dividend stock, even though the dividend wasn't raised this year. While the payout ratios are a good sign, we are less enthusiastic about the company's dividend record. This looks like it could be a good dividend stock going forward, but we would note that the payout ratio has been at higher levels in the past so it could happen again. Market movements attest to how highly valued a consistent dividend policy is compared to one which is more unpredictable. At the same time, there are other factors our readers should be conscious of before pouring capital into a stock. Are management backing themselves to deliver performance? Check their shareholdings in Richelieu Hardware in our latest insider ownership analysis. If you are a dividend investor, you might also want to look at our curated list of high yield dividend stocks. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
26-01-2025
- Business
- Yahoo
Richelieu Hardware Ltd. (TSE:RCH) Passed Our Checks, And It's About To Pay A CA$0.1533 Dividend
It looks like Richelieu Hardware Ltd. (TSE:RCH) is about to go ex-dividend in the next 3 days. The ex-dividend date is usually set to be one business day before the record date which is the cut-off date on which you must be present on the company's books as a shareholder in order to receive the dividend. The ex-dividend date is important because any transaction on a stock needs to have been settled before the record date in order to be eligible for a dividend. Therefore, if you purchase Richelieu Hardware's shares on or after the 30th of January, you won't be eligible to receive the dividend, when it is paid on the 13th of February. The company's next dividend payment will be CA$0.1533 per share, on the back of last year when the company paid a total of CA$0.61 to shareholders. Calculating the last year's worth of payments shows that Richelieu Hardware has a trailing yield of 1.5% on the current share price of CA$41.57. Dividends are an important source of income to many shareholders, but the health of the business is crucial to maintaining those dividends. As a result, readers should always check whether Richelieu Hardware has been able to grow its dividends, or if the dividend might be cut. Check out our latest analysis for Richelieu Hardware If a company pays out more in dividends than it earned, then the dividend might become unsustainable - hardly an ideal situation. That's why it's good to see Richelieu Hardware paying out a modest 39% of its earnings. That said, even highly profitable companies sometimes might not generate enough cash to pay the dividend, which is why we should always check if the dividend is covered by cash flow. Fortunately, it paid out only 33% of its free cash flow in the past year. It's positive to see that Richelieu Hardware's dividend is covered by both profits and cash flow, since this is generally a sign that the dividend is sustainable, and a lower payout ratio usually suggests a greater margin of safety before the dividend gets cut. Click here to see the company's payout ratio, plus analyst estimates of its future dividends. Businesses with strong growth prospects usually make the best dividend payers, because it's easier to grow dividends when earnings per share are improving. If earnings fall far enough, the company could be forced to cut its dividend. With that in mind, we're encouraged by the steady growth at Richelieu Hardware, with earnings per share up 5.9% on average over the last five years. The company is retaining more than half of its earnings within the business, and it has been growing earnings at a decent rate. We think this is generally an attractive combination, as dividends can grow through a combination of earnings growth and or a higher payout ratio over time. The main way most investors will assess a company's dividend prospects is by checking the historical rate of dividend growth. Richelieu Hardware has delivered 13% dividend growth per year on average over the past 10 years. It's encouraging to see the company lifting dividends while earnings are growing, suggesting at least some corporate interest in rewarding shareholders. Has Richelieu Hardware got what it takes to maintain its dividend payments? Earnings per share have been growing moderately, and Richelieu Hardware is paying out less than half its earnings and cash flow as dividends, which is an attractive combination as it suggests the company is investing in growth. It might be nice to see earnings growing faster, but Richelieu Hardware is being conservative with its dividend payouts and could still perform reasonably over the long run. It's a promising combination that should mark this company worthy of closer attention. Curious what other investors think of Richelieu Hardware? See what analysts are forecasting, with this visualisation of its historical and future estimated earnings and cash flow. A common investing mistake is buying the first interesting stock you see. Here you can find a full list of high-yield dividend stocks. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
