Wajax Dividends and Buybacks
Dividend criteria checks 3/6
Wajax is a dividend paying company with a current yield of 6.64% that is well covered by earnings. Next payment date is on 7th January, 2025 with an ex-dividend date of 16th December, 2024.
Key information
6.6%
Dividend yield
0.7%
Buyback Yield
| Total Shareholder Yield | 7.3% |
| Future Dividend Yield | 6.8% |
| Dividend Growth | -1.5% |
| Next dividend pay date | 07 Jan 25 |
| Ex dividend date | 16 Dec 24 |
| Dividend per share | CA$1.400 |
| Payout ratio | 57% |
Recent dividend and buyback updates
Recent updates
Wajax Corporation's (TSE:WJX) Subdued P/E Might Signal An Opportunity
May 03
Investors Shouldn't Be Too Comfortable With Wajax's (TSE:WJX) Earnings
Mar 13Wajax (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 19Upcoming Dividend Payment
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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (WJX) | 6.6% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.1% |
| Industry Average (Trade Distributors) | 2.5% |
| Analyst forecast (WJX) (up to 3 years) | 6.8% |
Notable Dividend: WJX's dividend (6.64%) is higher than the bottom 25% of dividend payers in the Canadian market (1.77%).
High Dividend: WJX's dividend (6.64%) is in the top 25% of dividend payers in the Canadian market (6.11%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (56.6%), WJX's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (91.7%), WJX's dividend payments are not well covered by cash flows.