Canadian Tire Corp. Ltd. raised its dividend as it reported a profit in its latest quarter compared with a loss a year ago when it took a large one-time charge.
Shoppers come and go from a Canadian Tire store in Ottawa on Friday, Aug. 11, 2023. THE CANADIAN PRESS/Sean KilpatrickThe increased payment to shareholders came as Canadian Tire reported net income attributable to shareholders of $200.6 million, or $3.59 per diluted share. The result compared with a loss attributable to shareholders of $66.4 million or $1.
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