Canadian Western Bank Dividend
Dividend criteria checks 4/6
Canadian Western Bank is a dividend paying company with a current yield of 5.04% that is well covered by earnings.
Key information
5.0%
Dividend yield
40%
Payout ratio
Industry average yield | 4.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CA$3.29 |
Dividend yield forecast in 3Y | 5.4% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CWB.PRB's dividends per share have been stable in the past 10 years.
Growing Dividend: CWB.PRB's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Canadian Western Bank Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (CWB.PRB) | 5.0% |
Market Bottom 25% (CA) | 1.9% |
Market Top 25% (CA) | 6.5% |
Industry Average (Banks) | 4.9% |
Analyst forecast in 3 Years (CWB.PRB) | 5.4% |
Notable Dividend: CWB.PRB's dividend (5.04%) is higher than the bottom 25% of dividend payers in the Canadian market (1.94%).
High Dividend: CWB.PRB's dividend (5.04%) is low compared to the top 25% of dividend payers in the Canadian market (6.54%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (40%), CWB.PRB's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years or that it will be covered by earnings.