CI Financial Dividends and Buybacks

Dividend criteria checks 2/6

CI Financial is a dividend paying company with a current yield of 2.56%. Next payment date is on 15th April, 2025 with an ex-dividend date of 31st March, 2025.

Key information

2.6%

Dividend yield

8.6%

Buyback Yield

Total Shareholder Yield11.2%
Future Dividend Yield3.1%
Dividend Growth-7.2%
Next dividend pay date15 Apr 25
Ex dividend date31 Mar 25
Dividend per shareCA$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 (TSE:CIX) Is Paying Out A Dividend Of CA$0.20

CI Financial's (TSE:CIX) Dividend Will Be CA$0.20

Oct 17
CI Financial's (TSE:CIX) Dividend Will Be CA$0.20

Recent updates

CI Financial (TSE:CIX) Is Paying Out A Dividend Of CA$0.20

Nov 01
CI Financial (TSE:CIX) Is Paying Out A Dividend Of CA$0.20

CI Financial Corp. (TSE:CIX) Held Back By Insufficient Growth Even After Shares Climb 26%

Oct 31
CI Financial Corp. (TSE:CIX) Held Back By Insufficient Growth Even After Shares Climb 26%

CI Financial's (TSE:CIX) Dividend Will Be CA$0.20

Oct 17
CI Financial's (TSE:CIX) Dividend Will Be CA$0.20

There Is A Reason CI Financial Corp.'s (TSE:CIX) Price Is Undemanding

Jul 16
There Is A Reason CI Financial Corp.'s (TSE:CIX) Price Is Undemanding

CI Financial's (TSE:CIX) Shareholders Will Receive A Bigger Dividend Than Last Year

Nov 10
CI Financial's (TSE:CIX) Shareholders Will Receive A Bigger Dividend Than Last Year

CI Financial (TSE:CIX) Will Pay A Larger Dividend Than Last Year At CA$0.20

Sep 30
CI Financial (TSE:CIX) Will Pay A Larger Dividend Than Last Year At CA$0.20

CI Financial (TSE:CIX) Has Affirmed Its Dividend Of CA$0.18

Jul 28
CI Financial (TSE:CIX) Has Affirmed Its Dividend Of CA$0.18

CI Financial's (TSE:CIX) Dividend Will Be CA$0.18

Jul 14
CI Financial's (TSE:CIX) Dividend Will Be CA$0.18

CI Financial (TSE:CIX) Has Affirmed Its Dividend Of CA$0.18

Jun 23
CI Financial (TSE:CIX) Has Affirmed Its Dividend Of CA$0.18

CI Financial (TSE:CIX) Is Paying Out A Dividend Of CA$0.18

May 12
CI Financial (TSE:CIX) Is Paying Out A Dividend Of CA$0.18

CI Financial (TSE:CIX) Is Paying Out A Dividend Of CA$0.18

Apr 01
CI Financial (TSE:CIX) Is Paying Out A Dividend Of CA$0.18

CI Financial (TSE:CIX) Will Pay A Dividend Of CA$0.18

Jan 24
CI Financial (TSE:CIX) Will Pay A Dividend Of CA$0.18

CI Financial (TSE:CIX) Is Due To Pay A Dividend Of CA$0.18

Dec 30
CI Financial (TSE:CIX) Is Due To Pay A Dividend Of CA$0.18

CI Financial's (TSE:CIX) Dividend Will Be CA$0.18

Nov 26
CI Financial's (TSE:CIX) Dividend Will Be CA$0.18

CI Financial Corp. Just Missed EPS By 89%: Here's What Analysts Think Will Happen Next

Nov 13
CI Financial Corp. Just Missed EPS By 89%: Here's What Analysts Think Will Happen Next

CI Financial (TSE:CIX) Is Due To Pay A Dividend Of CA$0.18

Nov 12
CI Financial (TSE:CIX) Is Due To Pay A Dividend Of CA$0.18

Upcoming Dividend Payment

TodayFeb 07 2025Ex Dividend DateMar 31 2025Dividend Pay DateApr 15 202515 days from Ex DividendBuy in the next 51 days to receive the upcoming dividend

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
How does CIX dividend yield compare to the market?
SegmentDividend Yield
Company (CIX)2.6%
Market Bottom 25% (CA)1.7%
Market Top 25% (CA)6.5%
Industry Average (Capital Markets)1.4%
Analyst forecast (CIX) (up to 3 years)3.1%

Notable Dividend: CIX's dividend (2.56%) is higher than the bottom 25% of dividend payers in the Canadian market (1.72%).

High Dividend: CIX's dividend (2.56%) is low compared to the top 25% of dividend payers in the Canadian market (6.49%).


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

DataLast Updated (UTC time)
Company Analysis2025/02/07 22:37
End of Day Share Price 2025/02/07 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

AnalystInstitution
John AikenBarclays
John ReucasselBMO Capital Markets Equity Research
Samira AminiBofA Global Research