E-L Financial Corporation Limited

TSX:ELF Stock Report

Market Cap: CA$3.6b

E-L Financial Dividend

Dividend criteria checks 4/6

E-L Financial is a dividend paying company with a current yield of 1.4% that is well covered by earnings. Next payment date is on 17th April, 2024 with an ex-dividend date of 27th March, 2024.

Key information

1.4%

Dividend yield

6%

Payout ratio

Industry average yield3.8%
Next dividend pay date17 Apr 24
Ex dividend date27 Mar 24
Dividend per sharen/a
Earnings per shareCA$272.38
Dividend yield forecast in 3Yn/a

Recent dividend updates

Recent updates

E-L Financial (TSE:ELF) Has Re-Affirmed Its Dividend Of CA$2.50

May 27
E-L Financial (TSE:ELF) Has Re-Affirmed Its Dividend Of CA$2.50

E-L Financial (TSE:ELF) Has Affirmed Its Dividend Of CA$2.50

May 13
E-L Financial (TSE:ELF) Has Affirmed Its Dividend Of CA$2.50

Does E-L Financial (TSE:ELF) Deserve A Spot On Your Watchlist?

Apr 06
Does E-L Financial (TSE:ELF) Deserve A Spot On Your Watchlist?

How Much Of E-L Financial Corporation Limited (TSE:ELF) Do Institutions Own?

Mar 14
How Much Of E-L Financial Corporation Limited (TSE:ELF) Do Institutions Own?

Introducing E-L Financial (TSE:ELF), A Stock That Climbed 25% In The Last Five Years

Feb 06
Introducing E-L Financial (TSE:ELF), A Stock That Climbed 25% In The Last Five Years

Have Insiders Been Buying E-L Financial Corporation Limited (TSE:ELF) Shares?

Jan 08
Have Insiders Been Buying E-L Financial Corporation Limited (TSE:ELF) Shares?

How Many E-L Financial Corporation Limited (TSE:ELF) Shares Do Institutions Own?

Dec 13
How Many E-L Financial Corporation Limited (TSE:ELF) Shares Do Institutions Own?

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: ELF's dividends per share have been stable in the past 10 years.

Growing Dividend: ELF's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

E-L Financial Dividend Yield vs Market
How does ELF dividend yield compare to the market?
SegmentDividend Yield
Company (ELF)1.4%
Market Bottom 25% (CA)2.0%
Market Top 25% (CA)6.3%
Industry Average (Insurance)3.8%
Analyst forecast in 3 Years (ELF)n/a

Notable Dividend: ELF's dividend (1.4%) isn’t notable compared to the bottom 25% of dividend payers in the Canadian market (1.98%).

High Dividend: ELF's dividend (1.4%) is low compared to the top 25% of dividend payers in the Canadian market (6.36%).


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (5.6%), ELF's dividend payments are thoroughly covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (6.9%), ELF's dividend payments are thoroughly covered by cash flows.


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