Olympia Financial Group Dividends and Buybacks
Dividend criteria checks 5/6
Olympia Financial Group is a dividend paying company with a current yield of 6.99% that is well covered by earnings. Next payment date is on 29th November, 2024 with an ex-dividend date of 20th November, 2024.
Key information
7.0%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 7.0% |
| Dividend Growth | -1.6% |
| Next dividend pay date | 29 Nov 24 |
| Ex dividend date | 20 Nov 24 |
| Dividend per share | CA$7.200 |
| Payout ratio | 71% |
Recent dividend and buyback updates
Recent updates
Olympia Financial Group's (TSE:OLY) Upcoming Dividend Will Be Larger Than Last Year's
Oct 10
Olympia Financial Group (TSE:OLY) Is Increasing Its Dividend To CA$0.60
Sep 12Olympia Financial Group (TSE:OLY) Is Paying Out A Larger Dividend Than Last Year
Nov 16Olympia Financial Group's (TSE:OLY) Dividend Will Be Increased To CA$0.27
May 12Olympia Financial Group (TSE:OLY) Has Affirmed Its Dividend Of CA$0.23
Apr 12Olympia Financial Group (TSE:OLY) Has Announced A Dividend Of CA$0.23
Dec 10Olympia Financial Group (TSE:OLY) Is Due To Pay A Dividend Of CA$0.23
Nov 11Olympia Financial Group (TSE:OLY) Is Due To Pay A Dividend Of CA$0.23
Oct 10Olympia Financial Group (TSE:OLY) Will Pay A Dividend Of CA$0.23
Sep 10Olympia Financial Group's (TSE:OLY) Dividend Will Be CA$0.23
Aug 10Olympia Financial Group (TSE:OLY) Has Affirmed Its Dividend Of CA$0.23
Jul 11Stability and Growth of Payments
Fetching dividends data
Stable Dividend: OLY's dividend payments have been volatile in the past 10 years.
Growing Dividend: OLY's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Olympia Financial Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (OLY) | 7.0% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.2% |
| Industry Average (Capital Markets) | 1.4% |
| Analyst forecast (OLY) (up to 3 years) | 7.0% |
Notable Dividend: OLY's dividend (6.99%) is higher than the bottom 25% of dividend payers in the Canadian market (1.76%).
High Dividend: OLY's dividend (6.99%) is in the top 25% of dividend payers in the Canadian market (6.16%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (70.9%), OLY's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (74.9%), OLY's dividend payments are covered by cash flows.