iShares S&P/TSX Capped Financials Index ETF Dividend
Dividend criteria checks 4/6
iShares S&P/TSX Capped Financials Index ETF is a dividend paying company with a current yield of 3.78% that is well covered by earnings.
Key information
3.8%
Dividend yield
30%
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$6.11 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: XFN's dividends per share have been stable in the past 10 years.
Growing Dividend: XFN's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
iShares S&P/TSX Capped Financials Index ETF Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (XFN) | 3.8% |
Market Bottom 25% (CA) | 1.9% |
Market Top 25% (CA) | 6.5% |
Industry Average (Capital Markets) | 1.9% |
Analyst forecast in 3 Years (XFN) | n/a |
Notable Dividend: XFN's dividend (3.78%) is higher than the bottom 25% of dividend payers in the Canadian market (1.94%).
High Dividend: XFN's dividend (3.78%) is low compared to the top 25% of dividend payers in the Canadian market (6.56%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (30.3%), XFN's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (100.4%), XFN's dividend payments are not well covered by cash flows.