IGM Financial Dividend
Dividend criteria checks 5/6
IGM Financial is a dividend paying company with a current yield of 6.46% that is well covered by earnings.
Key information
6.5%
Dividend yield
58%
Payout ratio
| Industry average yield | 1.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CA$3.89 |
| Dividend yield forecast in 3Y | 6.5% |
Recent dividend updates
IGM Financial (TSE:IGM) Has Affirmed Its Dividend Of CA$0.5625
Mar 18
IGM Financial (TSE:IGM) Is Paying Out A Dividend Of CA$0.5625
Feb 19IGM Financial (TSE:IGM) Has Announced A Dividend Of CA$0.5625
Dec 14Recent updates
Most Shareholders Will Probably Agree With IGM Financial Inc.'s (TSE:IGM) CEO Compensation
Apr 27IGM Financial (TSE:IGM) Has Affirmed Its Dividend Of CA$0.5625
Mar 18IGM Financial (TSE:IGM) Is Paying Out A Dividend Of CA$0.5625
Feb 19IGM Financial (TSE:IGM) Has Announced A Dividend Of CA$0.5625
Dec 14IGM Financial (TSE:IGM) Has Affirmed Its Dividend Of CA$0.5625
Nov 30IGM Financial (TSE:IGM) Is Due To Pay A Dividend Of CA$0.5625
Nov 06IGM Financial (TSE:IGM) Will Pay A Dividend Of CA$0.5625
Aug 28IGM Financial (TSE:IGM) Has Affirmed Its Dividend Of CA$0.5625
Jun 21IGM Financial (TSE:IGM) Has Announced A Dividend Of CA$0.5625
Nov 17IGM Financial (TSE:IGM) Is Paying Out A Dividend Of CA$0.5625
Aug 26IGM Financial (TSE:IGM) Will Pay A Dividend Of CA$0.56
May 31IGM Financial (TSE:IGM) Is Due To Pay A Dividend Of CA$0.56
May 12Should You Be Adding IGM Financial (TSE:IGM) To Your Watchlist Today?
Apr 17IGM Financial (TSE:IGM) Will Pay A Dividend Of CA$0.56
Mar 03IGM Financial (TSE:IGM) Has Announced A Dividend Of CA$0.56
Feb 15IGM Financial (TSE:IGM) Has Affirmed Its Dividend Of CA$0.56
Dec 14IGM Financial (TSE:IGM) Will Pay A Dividend Of CA$0.56
Nov 09Is Now The Time To Put IGM Financial (TSE:IGM) On Your Watchlist?
Oct 28IGM Financial (TSE:IGM) Is Due To Pay A Dividend Of CA$0.56
Aug 10Here's Why I Think IGM Financial (TSE:IGM) Is An Interesting Stock
Jul 29IGM Financial Inc. (TSE:IGM) Is Yielding 5.2% - But Is It A Buy?
Apr 30Did IGM Financial's (TSE:IGM) Share Price Deserve to Gain 33%?
Mar 16Is IGM Financial Inc. (TSE:IGM) A Smart Pick For Income Investors?
Jan 27
Would Shareholders Who Purchased IGM Financial's (TSE:IGM) Stock Three Years Be Happy With The Share price Today?
Dec 16Stability and Growth of Payments
Fetching dividends data
Stable Dividend: IGM's dividends per share have been stable in the past 10 years.
Growing Dividend: IGM's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| IGM Financial Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (IGM) | 6.5% |
| Market Bottom 25% (CA) | 1.9% |
| Market Top 25% (CA) | 6.6% |
| Industry Average (Capital Markets) | 1.9% |
| Analyst forecast in 3 Years (IGM) | 6.5% |
Notable Dividend: IGM's dividend (6.46%) is higher than the bottom 25% of dividend payers in the Canadian market (1.94%).
High Dividend: IGM's dividend (6.46%) is low compared to the top 25% of dividend payers in the Canadian market (6.56%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (57.9%), IGM's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (78.3%), IGM's dividend payments are covered by cash flows.