ECN Capital Dividend
Dividend criteria checks 2/6
ECN Capital is a dividend paying company with a current yield of 2.27%. Next payment date is on 2nd July, 2024 with an ex-dividend date of 14th June, 2024.
Key information
2.3%
Dividend yield
-8%
Payout ratio
| Industry average yield | 3.3% |
| Next dividend pay date | 02 Jul 24 |
| Ex dividend date | 14 Jun 24 |
| Dividend per share | n/a |
| Earnings per share | -CA$0.36 |
| Dividend yield forecast in 3Y | 2.9% |
Recent dividend updates
ECN Capital (TSE:ECN) Is Due To Pay A Dividend Of $0.01
Mar 25
ECN Capital's (TSE:ECN) Dividend Will Be $0.01
May 20Recent updates
ECN Capital (TSE:ECN) Is Due To Pay A Dividend Of $0.01
Mar 25ECN Capital's (TSE:ECN) Dividend Will Be $0.01
May 20ECN Capital (TSE:ECN) Will Pay A Smaller Dividend Than Last Year
Mar 10Forecast: Analysts Think ECN Capital Corp.'s (TSE:ECN) Business Prospects Have Improved Drastically
Feb 10ECN Capital (TSE:ECN) Has Affirmed Its Dividend Of CA$0.03
Sep 09Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ECN has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: ECN has only been paying a dividend for 8 years, and since then payments have fallen.
Dividend Yield vs Market
| ECN Capital Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ECN) | 2.3% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.4% |
| Industry Average (Diversified Financial) | 3.3% |
| Analyst forecast in 3 Years (ECN) | 2.9% |
Notable Dividend: ECN's dividend (2.27%) is higher than the bottom 25% of dividend payers in the Canadian market (1.84%).
High Dividend: ECN's dividend (2.27%) is low compared to the top 25% of dividend payers in the Canadian market (6.39%).
Earnings Payout to Shareholders
Earnings Coverage: ECN is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (10.5%), ECN's dividend payments are thoroughly covered by cash flows.