Dominion Lending Centres Dividend
Dividend criteria checks 1/6
Dominion Lending Centres is a dividend paying company with a current yield of 4%.
Key information
4.0%
Dividend yield
9,057%
Payout ratio
Industry average yield | 3.3% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CA$0.0013 |
Dividend yield forecast in 3Y | n/a |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: DLCG has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: DLCG's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
Dominion Lending Centres Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (DLCG) | 4.0% |
Market Bottom 25% (CA) | 1.9% |
Market Top 25% (CA) | 6.6% |
Industry Average (Diversified Financial) | 3.3% |
Analyst forecast in 3 Years (DLCG) | n/a |
Notable Dividend: DLCG's dividend (4%) is higher than the bottom 25% of dividend payers in the Canadian market (1.94%).
High Dividend: DLCG's dividend (4%) is low compared to the top 25% of dividend payers in the Canadian market (6.56%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (9056.6%), DLCG's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (109.6%), DLCG's dividend payments are not well covered by cash flows.