tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Canlan Sports Declares Second Special Dividend for 2025

Story Highlights
Canlan Sports Declares Second Special Dividend for 2025

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Canlan Ice Sports ( (TSE:ICE) ) has issued an update.

Canlan Ice Sports Corp. has announced a special dividend of $0.50 per common share, payable on November 18, 2025, to shareholders of record as of October 31, 2025. This follows a previous special dividend paid in August, totaling a return of one dollar per share to shareholders. The move underscores Canlan’s commitment to shareholder returns while maintaining capital for business growth and customer experience enhancement. The dividend is classified as ‘eligible’ under Canadian tax laws, potentially offering enhanced tax credits to Canadian residents.

The most recent analyst rating on (TSE:ICE) stock is a Buy with a C$4.50 price target. To see the full list of analyst forecasts on Canlan Ice Sports stock, see the TSE:ICE Stock Forecast page.

Spark’s Take on TSE:ICE Stock

According to Spark, TipRanks’ AI Analyst, TSE:ICE is a Outperform.

Canlan Ice Sports receives a strong overall score due to its solid financial performance and attractive valuation. The high dividend yield is a significant strength, offering substantial income potential. Technical analysis suggests a neutral outlook, with the stock trading above key moving averages. The absence of earnings call data and corporate events does not impact the score.

To see Spark’s full report on TSE:ICE stock, click here.

More about Canlan Ice Sports

Canlan Sports is a leading North American company specializing in the ownership and operation of multi-purpose recreation and entertainment facilities. It is one of the largest private sector owners and operators of such facilities in North America, managing 15 facilities across Canada and the United States, which include 47 ice surfaces, 10 indoor soccer fields, and 18 hard court surfaces. The company is listed on the Toronto Stock Exchange under the symbol ‘ICE.’

Average Trading Volume: 2,638

Technical Sentiment Signal: Strong Buy

Current Market Cap: C$54.82M

Learn more about ICE stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1