Wajax Dividend
Dividend criteria checks 2/6
Wajax is a dividend paying company with a current yield of 4.08% that is well covered by earnings.
Key information
4.1%
Dividend yield
35%
Payout ratio
| Industry average yield | 2.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CA$3.74 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Investors Shouldn't Be Too Comfortable With Wajax's (TSE:WJX) Earnings
Mar 13
Wajax (TSE:WJX) Will Pay A Dividend Of CA$0.25
Nov 12Wajax (TSE:WJX) Has Announced A Dividend Of CA$0.25
Aug 11Does This Valuation Of Wajax Corporation (TSE:WJX) Imply Investors Are Overpaying?
Jul 22Wajax (TSE:WJX) Seems To Use Debt Quite Sensibly
Jun 17Wajax (TSE:WJX) Is Due To Pay A Dividend Of CA$0.25
May 21Wajax (TSE:WJX) Is Due To Pay A Dividend Of CA$0.25
May 07Here's Why Wajax (TSE:WJX) Can Manage Its Debt Responsibly
Mar 09Wajax (TSE:WJX) Will Pay A Dividend Of CA$0.25
Nov 06Wajax (TSE:WJX) Has Affirmed Its Dividend Of CA$0.25
Aug 12Wajax (TSE:WJX) Seems To Use Debt Quite Sensibly
Jul 10Shareholders May Be More Conservative With Wajax Corporation's (TSE:WJX) CEO Compensation For Now
Apr 28Is Wajax Corporation (TSE:WJX) A Great Dividend Stock?
Mar 29There May Be Reason For Hope In Wajax's (TSE:WJX) Disappointing Earnings
Mar 08Here's What We Like About Wajax's (TSE:WJX) Upcoming Dividend
Mar 07Wajax (TSE:WJX) Has A Somewhat Strained Balance Sheet
Mar 02Did You Participate In Any Of Wajax's (TSE:WJX) Respectable 81% Return?
Feb 08Is Wajax Corporation's (TSE:WJX) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?
Jan 19Our Take On The Returns On Capital At Wajax (TSE:WJX)
Dec 23Wajax Corporation (TSE:WJX) Pays A CA$0.25 Dividend In Just Three Days
Dec 10Stability 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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (WJX) | 4.1% |
| Market Bottom 25% (CA) | 1.9% |
| Market Top 25% (CA) | 6.6% |
| Industry Average (Trade Distributors) | 2.2% |
| Analyst forecast in 3 Years (WJX) | n/a |
Notable Dividend: WJX's dividend (4.08%) is higher than the bottom 25% of dividend payers in the Canadian market (1.91%).
High Dividend: WJX's dividend (4.08%) is low compared to the top 25% of dividend payers in the Canadian market (6.57%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (35.1%), 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.