Western Investment Company of Canada Dividend
Dividend criteria checks 1/6
Western Investment Company of Canada is a dividend paying company with a current yield of 0.93% that is well covered by earnings.
Key information
0.9%
Dividend yield
11%
Payout ratio
Industry average yield | 1.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CA$0.0067 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, WI has been paying a dividend for less than 10 years.
Growing Dividend: WI has only been paying a dividend for 2 years, and since then payments have not increased.
Dividend Yield vs Market
Western Investment Company of Canada Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (WI) | 0.9% |
Market Bottom 25% (CA) | 1.9% |
Market Top 25% (CA) | 6.5% |
Industry Average (Capital Markets) | 1.8% |
Analyst forecast in 3 Years (WI) | n/a |
Notable Dividend: WI's dividend (0.93%) isn’t notable compared to the bottom 25% of dividend payers in the Canadian market (1.9%).
High Dividend: WI's dividend (0.93%) is low compared to the top 25% of dividend payers in the Canadian market (6.5%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (11.1%), WI's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: WI is paying a dividend but the company has no free cash flows.