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Element Fleet Management Dividend
Dividend criteria checks 3/6
Key information
2.3%
Dividend yield
37%
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$0.81 |
Dividend yield forecast in 3Y | 2.6% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: EFN.PRI has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: EFN.PRI's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
Element Fleet Management Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (EFN.PRI) | 2.3% |
Market Bottom 25% (CA) | 1.9% |
Market Top 25% (CA) | 6.5% |
Industry Average (Diversified Financial) | 3.3% |
Analyst forecast in 3 Years (EFN.PRI) | 2.6% |
Notable Dividend: EFN.PRI's dividend (2.31%) is higher than the bottom 25% of dividend payers in the Canadian market (2.02%).
High Dividend: EFN.PRI's dividend (2.31%) is low compared to the top 25% of dividend payers in the Canadian market (5.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (36.7%), EFN.PRI's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (7%), EFN.PRI's dividend payments are thoroughly covered by cash flows.