Toromont Industries Ltd.

Description

Toromont Industries Ltd. is one of the larger Caterpillar dealerships in the world, providing equipment, service, and financing to customers in the construction, mining, forestry, power systems, and agricultural industries across Canada. The company operates through two segments: Equipment Group (Caterpillar dealership) and CIMCO Refrigeration (industrial refrigeration solutions). Toromont has a strong track record of dividend growth spanning decades.

Key risks

market-risk

This risk may negatively affect the instrument’s performance under certain market conditions.

cyclical-risk

This risk may negatively affect the instrument’s performance under certain market conditions.

The list of risks is not exhaustive and highlights the most material structural and market-related factors.

Portfolio role & behavior

Economic role

growthincome

Behavior

pro-cyclical

The information provided is for analytical and informational purposes only and does not constitute investment advice.

Any decisions are made independently by the user and at their own risk.

For details, see legal terms.