IGM Financial Dividends and Buybacks
Dividend criteria checks 5/6
IGM Financial is a dividend paying company with a current yield of 4.78% that is well covered by earnings. Next payment date is on 31st January, 2025 with an ex-dividend date of 31st December, 2024.
Key information
4.8%
Dividend yield
0.5%
Buyback Yield
| Total Shareholder Yield | 5.3% |
| Future Dividend Yield | 4.8% |
| Dividend Growth | 0.9% |
| Next dividend pay date | 31 Jan 25 |
| Ex dividend date | 31 Dec 24 |
| Dividend per share | CA$2.250 |
| Payout ratio | 61% |
Recent dividend and buyback updates
IGM Financial (TSE:IGM) Will Pay A Dividend Of CA$0.5625
Jun 19
IGM Financial's (TSE:IGM) Dividend Will Be CA$0.5625
May 14Recent updates
IGM Financial (TSE:IGM) Will Pay A Dividend Of CA$0.5625
Jun 19IGM Financial's (TSE:IGM) Dividend Will Be CA$0.5625
May 14Most Shareholders Will Probably Agree With IGM Financial Inc.'s (TSE:IGM) CEO Compensation
Apr 27IGM Financial (TSE:IGM) Has Affirmed Its Dividend Of CA$0.5625
Mar 18IGM Financial (TSE:IGM) Is Paying Out A Dividend Of CA$0.5625
Feb 19IGM Financial (TSE:IGM) Has Announced A Dividend Of CA$0.5625
Dec 14IGM Financial (TSE:IGM) Has Affirmed Its Dividend Of CA$0.5625
Nov 30IGM Financial (TSE:IGM) Is Due To Pay A Dividend Of CA$0.5625
Nov 06IGM Financial (TSE:IGM) Will Pay A Dividend Of CA$0.5625
Aug 28IGM Financial (TSE:IGM) Has Affirmed Its Dividend Of CA$0.5625
Jun 21IGM Financial (TSE:IGM) Has Announced A Dividend Of CA$0.5625
Nov 17IGM Financial (TSE:IGM) Is Paying Out A Dividend Of CA$0.5625
Aug 26IGM Financial (TSE:IGM) Will Pay A Dividend Of CA$0.56
May 31IGM Financial (TSE:IGM) Is Due To Pay A Dividend Of CA$0.56
May 12Should You Be Adding IGM Financial (TSE:IGM) To Your Watchlist Today?
Apr 17IGM Financial (TSE:IGM) Will Pay A Dividend Of CA$0.56
Mar 03IGM Financial (TSE:IGM) Has Announced A Dividend Of CA$0.56
Feb 15IGM Financial (TSE:IGM) Has Affirmed Its Dividend Of CA$0.56
Dec 14IGM Financial (TSE:IGM) Will Pay A Dividend Of CA$0.56
Nov 09Is Now The Time To Put IGM Financial (TSE:IGM) On Your Watchlist?
Oct 28IGM Financial (TSE:IGM) Is Due To Pay A Dividend Of CA$0.56
Aug 10Here's Why I Think IGM Financial (TSE:IGM) Is An Interesting Stock
Jul 29IGM Financial Inc. (TSE:IGM) Is Yielding 5.2% - But Is It A Buy?
Apr 30Did IGM Financial's (TSE:IGM) Share Price Deserve to Gain 33%?
Mar 16Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: IGM's dividends per share have been stable in the past 10 years.
Growing Dividend: IGM's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| IGM Financial Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (IGM) | 4.8% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.2% |
| Industry Average (Capital Markets) | 1.4% |
| Analyst forecast (IGM) (up to 3 years) | 4.8% |
Notable Dividend: IGM's dividend (4.78%) is higher than the bottom 25% of dividend payers in the Canadian market (1.75%).
High Dividend: IGM's dividend (4.78%) is low compared to the top 25% of dividend payers in the Canadian market (6.15%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (60.8%), IGM's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (59.9%), IGM's dividend payments are covered by cash flows.