CI Financial Dividend
Dividend criteria checks 2/6
CI Financial is a dividend paying company with a current yield of 4.87%. Next payment date is on 15th July, 2024 with an ex-dividend date of 28th June, 2024.
Key information
4.9%
Dividend yield
2,517%
Payout ratio
| Industry average yield | 1.9% |
| Next dividend pay date | 15 Jul 24 |
| Ex dividend date | 28 Jun 24 |
| Dividend per share | n/a |
| Earnings per share | CA$0.034 |
| Dividend yield forecast in 3Y | 4.4% |
Recent dividend updates
CI Financial's (TSE:CIX) Shareholders Will Receive A Bigger Dividend Than Last Year
Nov 10
CI Financial (TSE:CIX) Will Pay A Larger Dividend Than Last Year At CA$0.20
Sep 30Recent updates
CI Financial's (TSE:CIX) Shareholders Will Receive A Bigger Dividend Than Last Year
Nov 10CI Financial (TSE:CIX) Will Pay A Larger Dividend Than Last Year At CA$0.20
Sep 30CI Financial (TSE:CIX) Has Affirmed Its Dividend Of CA$0.18
Jul 28CI Financial's (TSE:CIX) Dividend Will Be CA$0.18
Jul 14CI Financial (TSE:CIX) Has Affirmed Its Dividend Of CA$0.18
Jun 23CI Financial (TSE:CIX) Is Paying Out A Dividend Of CA$0.18
May 12CI Financial (TSE:CIX) Is Paying Out A Dividend Of CA$0.18
Apr 01CI Financial (TSE:CIX) Will Pay A Dividend Of CA$0.18
Jan 24CI Financial (TSE:CIX) Is Due To Pay A Dividend Of CA$0.18
Dec 30CI Financial's (TSE:CIX) Dividend Will Be CA$0.18
Nov 26CI Financial Corp. Just Missed EPS By 89%: Here's What Analysts Think Will Happen Next
Nov 13CI Financial (TSE:CIX) Is Due To Pay A Dividend Of CA$0.18
Nov 12CI Financial (TSE:CIX) Is Due To Pay A Dividend Of CA$0.18
Oct 13CI Financial (TSE:CIX) Is Due To Pay A Dividend Of CA$0.18
Sep 16The CI Financial Corp. (TSE:CIX) Analysts Have Been Trimming Their Sales Forecasts
Aug 17CI Financial (TSE:CIX) Has Announced A Dividend Of CA$0.18
Aug 13CI Financial (TSE:CIX) Is Due To Pay A Dividend Of CA$0.18
Jul 15CI Financial (TSE:CIX) Has Announced A Dividend Of CA$0.18
Jul 01CI Financial (TSE:CIX) Will Pay A Dividend Of CA$0.18
Jun 17Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CIX's dividend payments have been volatile in the past 10 years.
Growing Dividend: CIX's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| CI Financial Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CIX) | 4.9% |
| Market Bottom 25% (CA) | 1.9% |
| Market Top 25% (CA) | 6.5% |
| Industry Average (Capital Markets) | 1.9% |
| Analyst forecast in 3 Years (CIX) | 4.4% |
Notable Dividend: CIX's dividend (4.87%) is higher than the bottom 25% of dividend payers in the Canadian market (1.91%).
High Dividend: CIX's dividend (4.87%) is low compared to the top 25% of dividend payers in the Canadian market (6.5%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (2516.9%), CIX's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (29.6%), CIX's dividend payments are well covered by cash flows.