Element Fleet Management Dividend
Dividend criteria checks 2/6
Element Fleet Management is a dividend paying company with a current yield of 2.2% that is well covered by earnings.
Key information
2.2%
Dividend yield
37%
Payout ratio
Industry average yield | 0.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CA$1.14 |
Dividend yield forecast in 3Y | 2.5% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: EFN.PRC has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: EFN.PRC's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
Element Fleet Management Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (EFN.PRC) | 2.2% |
Market Bottom 25% (CA) | 1.9% |
Market Top 25% (CA) | 6.5% |
Industry Average (Commercial Services) | 0.9% |
Analyst forecast in 3 Years (EFN.PRC) | 2.5% |
Notable Dividend: EFN.PRC's dividend (2.2%) is higher than the bottom 25% of dividend payers in the Canadian market (1.91%).
High Dividend: EFN.PRC's dividend (2.2%) is low compared to the top 25% of dividend payers in the Canadian market (6.5%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (37.1%), EFN.PRC's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: EFN.PRC is paying a dividend but the company has no free cash flows.