Canadian Western Bank Dividends and Buybacks
Dividend criteria checks 5/6
Canadian Western Bank is a dividend paying company with a current yield of 2.35% that is well covered by earnings.
Key information
2.3%
Dividend yield
-0.1%
Buyback Yield
| Total Shareholder Yield | 2.2% |
| Future Dividend Yield | 2.6% |
| Dividend Growth | 4.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CA$1.400 |
| Payout ratio | 46% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CWB.PRD's dividends per share have been stable in the past 10 years.
Growing Dividend: CWB.PRD'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.PRD) | 2.3% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.1% |
| Industry Average (Banks) | 4.2% |
| Analyst forecast (CWB.PRD) (up to 3 years) | 2.6% |
Notable Dividend: CWB.PRD's dividend (2.35%) is higher than the bottom 25% of dividend payers in the Canadian market (1.78%).
High Dividend: CWB.PRD's dividend (2.35%) is low compared to the top 25% of dividend payers in the Canadian market (6.13%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (46.4%), CWB.PRD's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CWB.PRD's dividends in 3 years are forecast to be well covered by earnings (40.1% payout ratio).