Company profiles · Losers & Avoid

Polaris (PII): US–Canada Tariff Exposure, Government Contracts, and Risk

LOSERAVOID TIER
Last close · Oct 30$59.41 −6.9% since report
Report price · Aug 28, 2026 close$63.78
Market cap$3.6B
52-wk rangen/a
Dividend · quarterly$2.72/yr 4.58% · next expected Dec

Why it’s on the map

Snowmobiles/ORVs: Canada is its largest foreign market; sporting goods on the 338 list.

Government money & contracts

None.

Customers & commercial

Powersports.

Catalysts

Q3.

Risk

Retaliation + demand.

Tariff durability

Loser.

Dividend · #6 of 47 payers by yield
4.58% yield
$2.72 a share a year · quarterly · pays Mar · Jun · Sept · Dec
All payers ranked →
Per payment$0.68a share, 4× a year
Next payoutexpected Decnot yet declared
Last ex-dateSept 1, 2026next ex-date Dec 1, 2026
Last paidSept 15, 2026$0.68 a share
Payout ratio368%of earnings · paying out more than it earns
Raised29 yrsconsecutive years of increases
Payout ratio above 100%: the dividend is bigger than trailing earnings, which is how cuts start.
Shares at the Oct 30 close of $59.4116.83
Each payment$11.45
Per year · 4 payments$45.78
Recent payments
Ex-datePaidPer share
Sept 1, 2026Sept 15, 2026$0.68
Jun 1, 2026Jun 15, 2026$0.68
Mar 2, 2026Mar 16, 2026$0.68
Dec 1, 2025Dec 15, 2025$0.67

Yield = $0.68 × 4 ÷ the Oct 30 close of $59.41. A dividend is a board decision, not a promise — it can be raised, cut or suspended any quarter. Dividend history source