Power Corporation of Canada Dividend
Dividend criteria checks 5/6
Power of Canada is a dividend paying company with a current yield of 5.14% that is well covered by earnings. Next payment date is on 1st November, 2024 with an ex-dividend date of 27th September, 2024.
Key information
5.1%
Dividend yield
48%
Payout ratio
Industry average yield | 3.4% |
Next dividend pay date | 01 Nov 24 |
Ex dividend date | 27 Sep 24 |
Dividend per share | CA$2.250 |
Earnings per share | CA$4.53 |
Dividend yield forecast | 6.0% |
Recent dividend updates
Recent updates
Power Corporation of Canada's (TSE:POW) CEO Compensation Looks Acceptable To Us And Here's Why
May 03Fewer Investors Than Expected Jumping On Power Corporation of Canada (TSE:POW)
Mar 02Power Corporation of Canada (TSE:POW) Has Announced A Dividend Of CA$0.495
Dec 22Power Corporation of Canada (TSE:POW) Has Announced A Dividend Of CA$0.495
Nov 30Power Corporation of Canada (TSE:POW) Has Affirmed Its Dividend Of CA$0.495
Nov 16Here's Why Power Corporation of Canada (TSE:POW) Has Caught The Eye Of Investors
Jul 31Here's Why We Think Power Corporation of Canada (TSE:POW) Is Well Worth Watching
Apr 29Power Corporation of Canada (TSE:POW) Just Released Its Yearly Earnings: Here's What Analysts Think
Mar 21Should You Be Adding Power Corporation of Canada (TSE:POW) To Your Watchlist Today?
Jan 12Power Corporation of Canada's (TSE:POW) Dividend Will Be CA$0.45
Nov 16If You Like EPS Growth Then Check Out Power Corporation of Canada (TSE:POW) Before It's Too Late
Oct 11Stability and Growth of Payments
Fetching dividends data
Stable Dividend: POW's dividends per share have been stable in the past 10 years.
Growing Dividend: POW's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Power Corporation of Canada Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (POW) | 5.1% |
Market Bottom 25% (CA) | 1.7% |
Market Top 25% (CA) | 5.8% |
Industry Average (Insurance) | 3.4% |
Analyst forecast (POW) (up to 3 years) | 6.0% |
Notable Dividend: POW's dividend (5.14%) is higher than the bottom 25% of dividend payers in the Canadian market (1.71%).
High Dividend: POW's dividend (5.14%) is low compared to the top 25% of dividend payers in the Canadian market (5.8%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (47.8%), POW's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (33.4%), POW's dividend payments are well covered by cash flows.