Wajax Dividend

Dividend criteria checks 2/6

Wajax is a dividend paying company with a current yield of 5.37% that is well covered by earnings. Next payment date is on 3rd July, 2024 with an ex-dividend date of 14th June, 2024.

Key information

5.4%

Dividend yield

37%

Payout ratio

Industry average yield2.5%
Next dividend pay date03 Jul 24
Ex dividend date14 Jun 24
Dividend per sharen/a
Earnings per shareCA$3.61
Dividend yield forecast in 3Yn/a

Recent dividend updates

Recent updates

Wajax Corporation's (TSE:WJX) Subdued P/E Might Signal An Opportunity

May 03
Wajax Corporation's (TSE:WJX) Subdued P/E Might Signal An Opportunity

Investors Shouldn't Be Too Comfortable With Wajax's (TSE:WJX) Earnings

Mar 13
Investors Shouldn't Be Too Comfortable With Wajax's (TSE:WJX) Earnings

Wajax (TSE:WJX) Will Pay A Dividend Of CA$0.25

Nov 12
Wajax (TSE:WJX) Will Pay A Dividend Of CA$0.25

Wajax (TSE:WJX) Has Announced A Dividend Of CA$0.25

Aug 11
Wajax (TSE:WJX) Has Announced A Dividend Of CA$0.25

Does This Valuation Of Wajax Corporation (TSE:WJX) Imply Investors Are Overpaying?

Jul 22
Does This Valuation Of Wajax Corporation (TSE:WJX) Imply Investors Are Overpaying?

Wajax (TSE:WJX) Seems To Use Debt Quite Sensibly

Jun 17
Wajax (TSE:WJX) Seems To Use Debt Quite Sensibly

Wajax (TSE:WJX) Is Due To Pay A Dividend Of CA$0.25

May 21
Wajax (TSE:WJX) Is Due To Pay A Dividend Of CA$0.25

Wajax (TSE:WJX) Is Due To Pay A Dividend Of CA$0.25

May 07
Wajax (TSE:WJX) Is Due To Pay A Dividend Of CA$0.25

Here's Why Wajax (TSE:WJX) Can Manage Its Debt Responsibly

Mar 09
Here's Why Wajax (TSE:WJX) Can Manage Its Debt Responsibly

Wajax (TSE:WJX) Will Pay A Dividend Of CA$0.25

Nov 06
Wajax (TSE:WJX) Will Pay A Dividend Of CA$0.25

Wajax (TSE:WJX) Has Affirmed Its Dividend Of CA$0.25

Aug 12
Wajax (TSE:WJX) Has Affirmed Its Dividend Of CA$0.25

Wajax (TSE:WJX) Seems To Use Debt Quite Sensibly

Jul 10
Wajax (TSE:WJX) Seems To Use Debt Quite Sensibly

Shareholders May Be More Conservative With Wajax Corporation's (TSE:WJX) CEO Compensation For Now

Apr 28
Shareholders May Be More Conservative With Wajax Corporation's (TSE:WJX) CEO Compensation For Now

Is Wajax Corporation (TSE:WJX) A Great Dividend Stock?

Mar 29
Is Wajax Corporation (TSE:WJX) A Great Dividend Stock?

There May Be Reason For Hope In Wajax's (TSE:WJX) Disappointing Earnings

Mar 08
There May Be Reason For Hope In Wajax's (TSE:WJX) Disappointing Earnings

Here's What We Like About Wajax's (TSE:WJX) Upcoming Dividend

Mar 07
Here's What We Like About Wajax's (TSE:WJX) Upcoming Dividend

Wajax (TSE:WJX) Has A Somewhat Strained Balance Sheet

Mar 02
Wajax (TSE:WJX) Has A Somewhat Strained Balance Sheet

Did You Participate In Any Of Wajax's (TSE:WJX) Respectable 81% Return?

Feb 08
Did You Participate In Any Of Wajax's (TSE:WJX) Respectable 81% Return?

Is Wajax Corporation's (TSE:WJX) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?

Jan 19
Is Wajax Corporation's (TSE:WJX) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?

Our Take On The Returns On Capital At Wajax (TSE:WJX)

Dec 23
Our Take On The Returns On Capital At Wajax (TSE:WJX)

Wajax Corporation (TSE:WJX) Pays A CA$0.25 Dividend In Just Three Days

Dec 10
Wajax Corporation (TSE:WJX) Pays A CA$0.25 Dividend In Just Three Days

Upcoming Dividend Payment

TodayJun 10 2024Ex Dividend DateJun 14 2024Dividend Pay DateJul 03 202419 days from Ex DividendBuy in the next 3 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: WJX's dividend payments have been volatile in the past 10 years.

Growing Dividend: WJX's dividend payments have fallen over the past 10 years.


Dividend Yield vs Market

Wajax Dividend Yield vs Market
How does WJX dividend yield compare to the market?
SegmentDividend Yield
Company (WJX)5.4%
Market Bottom 25% (CA)1.8%
Market Top 25% (CA)6.4%
Industry Average (Trade Distributors)2.5%
Analyst forecast in 3 Years (WJX)n/a

Notable Dividend: WJX's dividend (5.37%) is higher than the bottom 25% of dividend payers in the Canadian market (1.85%).

High Dividend: WJX's dividend (5.37%) is low compared to the top 25% of dividend payers in the Canadian market (6.38%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (36.9%), WJX's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: WJX is paying a dividend but the company has no free cash flows.


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