Extendicare Dividends and Buybacks
Dividend criteria checks 4/6
Extendicare is a dividend paying company with a current yield of 4.62% that is well covered by earnings. Next payment date is on 15th January, 2025 with an ex-dividend date of 31st December, 2024.
Key information
4.6%
Dividend yield
0.6%
Buyback Yield
| Total Shareholder Yield | 5.3% |
| Future Dividend Yield | 11.0% |
| Dividend Growth | 1.2% |
| Next dividend pay date | 15 Jan 25 |
| Ex dividend date | 31 Dec 24 |
| Dividend per share | CA$0.480 |
| Payout ratio | 63% |
Recent dividend and buyback updates
Extendicare (TSE:EXE) Has Announced A Dividend Of CA$0.04
Sep 20
Extendicare's (TSE:EXE) Dividend Will Be CA$0.04
Aug 16Recent updates
Shareholders Can Be Confident That Extendicare's (TSE:EXE) Earnings Are High Quality
Nov 19Extendicare (TSE:EXE) Has Announced A Dividend Of CA$0.04
Sep 20Extendicare's (TSE:EXE) Dividend Will Be CA$0.04
Aug 16Extendicare (TSE:EXE) Will Pay A Dividend Of CA$0.04
Jul 23Extendicare (TSE:EXE) Will Pay A Dividend Of CA$0.04
Jun 20Extendicare (TSE:EXE) Is Paying Out A Dividend Of CA$0.04
May 24There May Be Underlying Issues With The Quality Of Extendicare's (TSE:EXE) Earnings
Mar 16Extendicare (TSE:EXE) Has Announced A Dividend Of CA$0.04
Oct 19Extendicare (TSE:EXE) Will Pay A Dividend Of CA$0.04
Sep 21Extendicare (TSE:EXE) Has Announced A Dividend Of CA$0.04
Aug 24Extendicare's (TSE:EXE) Dividend Will Be CA$0.04
Jul 20Extendicare (TSE:EXE) Is Due To Pay A Dividend Of CA$0.04
Jun 20Extendicare (TSE:EXE) Has Affirmed Its Dividend Of CA$0.04
May 18Is Extendicare (TSE:EXE) Using Too Much Debt?
May 11Extendicare (TSE:EXE) Is Due To Pay A Dividend Of CA$0.04
Jan 20Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: EXE's dividends per share have been stable in the past 10 years.
Growing Dividend: EXE's dividend payments have not increased over the past 10 years.
Dividend Yield vs Market
| Extendicare Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (EXE) | 4.6% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.4% |
| Industry Average (Healthcare) | 3.7% |
| Analyst forecast (EXE) (up to 3 years) | 11.0% |
Notable Dividend: EXE's dividend (4.62%) is higher than the bottom 25% of dividend payers in the Canadian market (1.82%).
High Dividend: EXE's dividend (4.62%) is low compared to the top 25% of dividend payers in the Canadian market (6.43%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (63.3%), EXE's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (41.5%), EXE's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 00:48 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Extendicare Inc. is covered by 12 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Karine MacIndoe | BMO Capital Markets Equity Research |
| Douglas Loe | Byron Capital Markets |
| Douglas Loe | Cantor Fitzgerald Canada Corporation |