Findev Dividend
Dividend criteria checks 3/6
Findev is a dividend paying company with a current yield of 7.06% that is well covered by earnings.
Key information
7.1%
Dividend yield
41%
Payout ratio
| Industry average yield | 3.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CA$0.030 |
| Earnings per share | CA$0.073 |
| Dividend yield forecast | n/a |
Recent dividend updates
Findev (CVE:FDI) Will Pay A Dividend Of CA$0.0075
Jul 05
Findev's (CVE:FDI) Dividend Will Be CA$0.0075
Jun 16Findev (CVE:FDI) Is Due To Pay A Dividend Of CA$0.0075
Apr 29Findev (CVE:FDI) Is Due To Pay A Dividend Of CA$0.0075
Apr 15Findev (CVE:FDI) Is Paying Out A Dividend Of CA$0.0075
Dec 28Recent updates
Findev (CVE:FDI) Will Pay A Dividend Of CA$0.0075
Jul 05Findev's (CVE:FDI) Dividend Will Be CA$0.0075
Jun 16Findev (CVE:FDI) Is Due To Pay A Dividend Of CA$0.0075
Apr 29Findev (CVE:FDI) Is Due To Pay A Dividend Of CA$0.0075
Apr 15Improved Earnings Required Before Findev Inc. (CVE:FDI) Stock's 30% Jump Looks Justified
Jan 18Findev (CVE:FDI) Is Paying Out A Dividend Of CA$0.0075
Dec 28Findev (CVE:FDI) Has Announced A Dividend Of CA$0.0075
Dec 13Findev (CVE:FDI) Will Pay A Dividend Of CA$0.0075
Sep 29Findev (CVE:FDI) Has Announced A Dividend Of CA$0.0075
Aug 28Findev (CVE:FDI) Is Due To Pay A Dividend Of CA$0.0075
Jun 30Findev (CVE:FDI) Will Pay A Dividend Of CA$0.0075
May 11Findev (CVE:FDI) Has Announced A Dividend Of CA$0.0075
Jan 01Findev (CVE:FDI) Will Pay A Dividend Of CA$0.0075
Sep 30Findev's (CVE:FDI) Dividend Will Be CA$0.0075
Jul 29Findev (CVE:FDI) Is Due To Pay A Dividend Of CA$0.0075
Jul 01This Is Why We Think Findev Inc.'s (CVE:FDI) CEO Might Get A Pay Rise Approved By Shareholders
Jun 24Findev (CVE:FDI) Will Pay A Dividend Of CA$0.0075
Jun 06Be Sure To Check Out Findev Inc. (CVE:FDI) Before It Goes Ex-Dividend
Mar 20Findev Inc. (CVE:FDI) Passed Our Checks, And It's About To Pay A CA$0.0075 Dividend
Dec 25
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, FDI has been paying a dividend for less than 10 years.
Growing Dividend: FDI has only been paying a dividend for 8 years, and since then payments have not increased.
Dividend Yield vs Market
| Findev Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (FDI) | 7.1% |
| Market Bottom 25% (CA) | 1.7% |
| Market Top 25% (CA) | 5.9% |
| Industry Average (Diversified Financial) | 3.1% |
| Analyst forecast (FDI) (up to 3 years) | n/a |
Notable Dividend: FDI's dividend (7.06%) is higher than the bottom 25% of dividend payers in the Canadian market (1.72%).
High Dividend: FDI's dividend (7.06%) is in the top 25% of dividend payers in the Canadian market (5.85%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (41.3%), FDI's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (102.7%), FDI's dividend payments are not well covered by cash flows.