Olympia Financial Group Inc.

TSX:OLY Stock Report

Market Cap: CA$235.8m

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 yield1.5%
Next dividend pay date31 Oct 24
Ex dividend date22 Oct 24
Dividend per shareCA$7.200
Earnings per shareCA$10.14
Future Dividend Yield7.4%

Recent dividend updates

Recent updates

Olympia Financial Group's (TSE:OLY) Upcoming Dividend Will Be Larger Than Last Year's

Oct 10
Olympia Financial Group's (TSE:OLY) Upcoming Dividend Will Be Larger Than Last Year's

Olympia Financial Group (TSE:OLY) Is Increasing Its Dividend To CA$0.60

Sep 12
Olympia Financial Group (TSE:OLY) Is Increasing Its Dividend To CA$0.60

Olympia Financial Group (TSE:OLY) Is Paying Out A Larger Dividend Than Last Year

Nov 16
Olympia Financial Group (TSE:OLY) Is Paying Out A Larger Dividend Than Last Year

Olympia Financial Group's (TSE:OLY) Dividend Will Be Increased To CA$0.27

May 12
Olympia Financial Group's (TSE:OLY) Dividend Will Be Increased To CA$0.27

Olympia Financial Group (TSE:OLY) Has Affirmed Its Dividend Of CA$0.23

Apr 12
Olympia Financial Group (TSE:OLY) Has Affirmed Its Dividend Of CA$0.23

Olympia Financial Group (TSE:OLY) Has Announced A Dividend Of CA$0.23

Dec 10
Olympia Financial Group (TSE:OLY) Has Announced A Dividend Of CA$0.23

Olympia Financial Group (TSE:OLY) Is Due To Pay A Dividend Of CA$0.23

Nov 11
Olympia Financial Group (TSE:OLY) Is Due To Pay A Dividend Of CA$0.23

Olympia Financial Group (TSE:OLY) Is Due To Pay A Dividend Of CA$0.23

Oct 10
Olympia Financial Group (TSE:OLY) Is Due To Pay A Dividend Of CA$0.23

Olympia Financial Group (TSE:OLY) Will Pay A Dividend Of CA$0.23

Sep 10
Olympia Financial Group (TSE:OLY) Will Pay A Dividend Of CA$0.23

Olympia Financial Group's (TSE:OLY) Dividend Will Be CA$0.23

Aug 10
Olympia Financial Group's (TSE:OLY) Dividend Will Be CA$0.23

Olympia Financial Group (TSE:OLY) Has Affirmed Its Dividend Of CA$0.23

Jul 11
Olympia Financial Group (TSE:OLY) Has Affirmed Its Dividend Of CA$0.23

Should You Buy Olympia Financial Group Inc. (TSE:OLY) For Its Upcoming Dividend?

Mar 14
Should You Buy Olympia Financial Group Inc. (TSE:OLY) For Its Upcoming Dividend?

Stability 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
How does OLY dividend yield compare to the market?
SegmentDividend 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.


Discover strong dividend paying companies