Olympia Financial Group Inc.

TSX:OLY Stock Report

Market Cap: CA$255.1m

Olympia Financial Group Dividends and Buybacks

Dividend criteria checks 5/6

Olympia Financial Group is a dividend paying company with a current yield of 6.76% that is well covered by earnings. Next payment date is on 31st December, 2024 with an ex-dividend date of 18th December, 2024.

Key information

6.8%

Dividend yield

n/a

Buyback Yield

Total Shareholder Yieldn/a
Future Dividend Yield6.8%
Dividend Growth-1.7%
Next dividend pay date31 Dec 24
Ex dividend date18 Dec 24
Dividend per shareCA$7.200
Payout ratio71%

Recent dividend and buyback 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

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)6.8%
Market Bottom 25% (CA)1.8%
Market Top 25% (CA)6.5%
Industry Average (Capital Markets)1.5%
Analyst forecast (OLY) (up to 3 years)6.8%

Notable Dividend: OLY's dividend (6.76%) is higher than the bottom 25% of dividend payers in the Canadian market (1.82%).

High Dividend: OLY's dividend (6.76%) is in the top 25% of dividend payers in the Canadian market (6.54%)


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (70.9%), OLY's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (74.9%), OLY's dividend payments are covered by cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 23:55
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Olympia Financial Group Inc. is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Siddharth RajeevFundamental Research Corp.