Olympia Financial Group Dividend
Dividend criteria checks 5/6
Olympia Financial Group is a dividend paying company with a current yield of 7.42% that is well covered by earnings. Next payment date is on 31st October, 2024 with an ex-dividend date of 22nd October, 2024.
Key information
7.4%
Dividend yield
68%
Payout ratio
Industry average yield | 1.5% |
Next dividend pay date | 31 Oct 24 |
Ex dividend date | 22 Oct 24 |
Dividend per share | CA$7.200 |
Earnings per share | CA$10.14 |
Future Dividend Yield | 7.4% |
Recent dividend updates
Recent updates
Olympia Financial Group's (TSE:OLY) Upcoming Dividend Will Be Larger Than Last Year's
Oct 10Olympia Financial Group (TSE:OLY) Is Increasing Its Dividend To CA$0.60
Sep 12Olympia Financial Group (TSE:OLY) Is Paying Out A Larger Dividend Than Last Year
Nov 16Olympia Financial Group's (TSE:OLY) Dividend Will Be Increased To CA$0.27
May 12Olympia Financial Group (TSE:OLY) Has Affirmed Its Dividend Of CA$0.23
Apr 12Olympia Financial Group (TSE:OLY) Has Announced A Dividend Of CA$0.23
Dec 10Olympia Financial Group (TSE:OLY) Is Due To Pay A Dividend Of CA$0.23
Nov 11Olympia Financial Group (TSE:OLY) Is Due To Pay A Dividend Of CA$0.23
Oct 10Olympia Financial Group (TSE:OLY) Will Pay A Dividend Of CA$0.23
Sep 10Olympia Financial Group's (TSE:OLY) Dividend Will Be CA$0.23
Aug 10Olympia Financial Group (TSE:OLY) Has Affirmed Its Dividend Of CA$0.23
Jul 11Should You Buy Olympia Financial Group Inc. (TSE:OLY) For Its Upcoming Dividend?
Mar 14Stability and Growth of Payments
Fetching dividends data
Stable Dividend: OLY's dividend payments have been volatile in the past 10 years.
Growing Dividend: OLY's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Olympia Financial Group Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (OLY) | 7.4% |
Market Bottom 25% (CA) | 1.7% |
Market Top 25% (CA) | 6.0% |
Industry Average (Capital Markets) | 1.5% |
Analyst forecast (OLY) (up to 3 years) | 7.4% |
Notable Dividend: OLY's dividend (7.42%) is higher than the bottom 25% of dividend payers in the Canadian market (1.75%).
High Dividend: OLY's dividend (7.42%) is in the top 25% of dividend payers in the Canadian market (6.08%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (68.1%), OLY's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (72.7%), OLY's dividend payments are covered by cash flows.