CI Financial Dividends and Buybacks
Dividend criteria checks 2/6
CI Financial is a dividend paying company with a current yield of 2.55%. Next payment date is on 15th April, 2025 with an ex-dividend date of 31st March, 2025.
Key information
2.5%
Dividend yield
8.6%
Buyback Yield
| Total Shareholder Yield | 11.1% |
| Future Dividend Yield | 3.1% |
| Dividend Growth | -7.2% |
| Next dividend pay date | 15 Apr 25 |
| Ex dividend date | 31 Mar 25 |
| Dividend per share | CA$0.800 |
| Payout ratio | -175% |
Recent dividend and buyback updates
CI Financial (TSE:CIX) Is Paying Out A Dividend Of CA$0.20
Nov 01
CI Financial's (TSE:CIX) Dividend Will Be CA$0.20
Oct 17Recent updates
CI Financial (TSE:CIX) Is Paying Out A Dividend Of CA$0.20
Nov 01CI Financial Corp. (TSE:CIX) Held Back By Insufficient Growth Even After Shares Climb 26%
Oct 31CI Financial's (TSE:CIX) Dividend Will Be CA$0.20
Oct 17There Is A Reason CI Financial Corp.'s (TSE:CIX) Price Is Undemanding
Jul 16CI 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 12Upcoming 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) | 2.5% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.4% |
| Industry Average (Capital Markets) | 1.9% |
| Analyst forecast (CIX) (up to 3 years) | 3.1% |
Notable Dividend: CIX's dividend (2.55%) is higher than the bottom 25% of dividend payers in the Canadian market (1.77%).
High Dividend: CIX's dividend (2.55%) is low compared to the top 25% of dividend payers in the Canadian market (6.43%).
Earnings Payout to Shareholders
Earnings Coverage: CIX is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (27.6%), CIX's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/16 16:47 |
| End of Day Share Price | 2025/02/14 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
CI Financial Corp. is covered by 19 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| John Aiken | Barclays |
| John Reucassel | BMO Capital Markets Equity Research |
| Samira Amini | BofA Global Research |