Dominion Lending Centres Dividends and Buybacks
Dividend criteria checks 3/6
Dominion Lending Centres is a dividend paying company with a current yield of 1.85% that is well covered by earnings. Next payment date is on 16th December, 2024 with an ex-dividend date of 2nd December, 2024.
Key information
1.8%
Dividend yield
0.3%
Buyback Yield
| Total Shareholder Yield | 2.1% |
| Future Dividend Yield | n/a |
| Dividend Growth | 12.1% |
| Next dividend pay date | 16 Dec 24 |
| Ex dividend date | 02 Dec 24 |
| Dividend per share | CA$0.120 |
| Payout ratio | 58% |
Recent dividend and buyback updates
Recent updates
What Dominion Lending Centres Inc.'s (TSE:DLCG) 27% Share Price Gain Is Not Telling You
Nov 21
Dominion Lending Centres Inc.'s (TSE:DLCG) 33% Price Boost Is Out Of Tune With Earnings
Oct 04Dominion Lending Centres (TSE:DLCG) Will Pay A Dividend Of CA$0.03
Feb 23Improved Revenues Required Before Dominion Lending Centres Inc. (TSE:DLCG) Shares Find Their Feet
Jan 27Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: DLCG has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: DLCG's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| Dominion Lending Centres Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (DLCG) | 1.8% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.2% |
| Industry Average (Diversified Financial) | 6.5% |
| Analyst forecast (DLCG) (up to 3 years) | n/a |
Notable Dividend: DLCG's dividend (1.85%) is higher than the bottom 25% of dividend payers in the Canadian market (1.75%).
High Dividend: DLCG's dividend (1.85%) is low compared to the top 25% of dividend payers in the Canadian market (6.18%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (57.9%), DLCG's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (24.9%), DLCG's dividend payments are well covered by cash flows.