Olympia Financial Group Dividend
Dividend criteria checks 5/6
Olympia Financial Group is a dividend paying company with a current yield of 6.61% that is well covered by earnings. Next payment date is on 30th August, 2024 with an ex-dividend date of 21st August, 2024.
Key information
6.6%
Dividend yield
33%
Payout ratio
| Industry average yield | 1.7% |
| Next dividend pay date | 30 Aug 24 |
| Ex dividend date | 21 Aug 24 |
| Dividend per share | CA$7.200 |
| Earnings per share | CA$10.14 |
| Dividend yield forecast in 3Y | 6.6% |
Recent dividend 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 11Should You Buy Olympia Financial Group Inc. (TSE:OLY) For Its Upcoming Dividend?
Mar 14Olympia Financial Group Inc. (TSE:OLY) Passed Our Checks, And It's About To Pay A CA$0.23 Dividend
Feb 11
Stability 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) | 6.6% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.2% |
| Industry Average (Capital Markets) | 1.7% |
| Analyst forecast in 3 Years (OLY) | 6.6% |
Notable Dividend: OLY's dividend (6.61%) is higher than the bottom 25% of dividend payers in the Canadian market (1.81%).
High Dividend: OLY's dividend (6.61%) is in the top 25% of dividend payers in the Canadian market (6.17%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (32.6%), OLY's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (72.7%), OLY's dividend payments are covered by cash flows.