Solution Financial Dividends and Buybacks
Dividend criteria checks 0/6
Solution Financial is a dividend paying company with a current yield of 1.43%. Next payment date is on 13th December, 2024 with an ex-dividend date of 29th November, 2024.
Key information
1.4%
Dividend yield
0.5%
Buyback Yield
| Total Shareholder Yield | 1.9% |
| Future Dividend Yield | n/a |
| Dividend Growth | 9.6% |
| Next dividend pay date | 13 Dec 24 |
| Ex dividend date | 29 Nov 24 |
| Dividend per share | CA$0.004 |
| Payout ratio | 91% |
Recent dividend and buyback updates
Recent updates
Why Investors Shouldn't Be Surprised By Solution Financial Inc.'s (TSE:SFI) Low P/S
Dec 23
Solution Financial Inc.'s (TSE:SFI) Business Is Yet to Catch Up With Its Share Price
Oct 14If You Like EPS Growth Then Check Out Solution Financial (CVE:SFI) Before It's Too Late
Sep 05I Ran A Stock Scan For Earnings Growth And Solution Financial (CVE:SFI) Passed With Ease
Apr 07If You Like EPS Growth Then Check Out Solution Financial (CVE:SFI) Before It's Too Late
Jan 05
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, SFI has been paying a dividend for less than 10 years.
Growing Dividend: SFI has only been paying a dividend for 5 years, and since then payments have not increased.
Dividend Yield vs Market
| Solution Financial Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SFI) | 1.4% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.1% |
| Industry Average (Diversified Financial) | 6.6% |
| Analyst forecast (SFI) (up to 3 years) | n/a |
Notable Dividend: SFI's dividend (1.43%) isn’t notable compared to the bottom 25% of dividend payers in the Canadian market (1.81%).
High Dividend: SFI's dividend (1.43%) is low compared to the top 25% of dividend payers in the Canadian market (6.18%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (90.6%), SFI's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: SFI is paying a dividend but the company has no free cash flows.