Wajax Dividend Yield Near 4.78% Supported by Improving Margins, Cyclical Risk
Wajax pays a quarterly dividend of CAD 0.35 (CAD 1.40 annually), implying a 4.78% yield. In Q2 2026, revenue fell on weaker equipment sales, but adjusted EBITDA rose 2.6% to CAD 45.9 million and margin improved to 8.9%, supported by higher-margin product support and engineered repair services. Industrial cyclicality and customer capital spending caution remain key risks.