E-L Financial Corporation Limited

TSX:ELF Stock Report

Market Cap: CA$4.5b

E-L Financial Dividends and Buybacks

Dividend criteria checks 4/6

E-L Financial is a dividend paying company with a current yield of 1.12% that is well covered by earnings. Next payment date is on 17th January, 2025 with an ex-dividend date of 31st December, 2024.

Key information

1.1%

Dividend yield

2.1%

Buyback Yield

Total Shareholder Yield3.2%
Future Dividend Yieldn/a
Dividend Growth16.3%
Next dividend pay date17 Jan 25
Ex dividend date31 Dec 24
Dividend per shareCA$15.000
Payout ratio3%

Recent dividend and buyback updates

E-L Financial (TSE:ELF) Has Announced A Dividend Of CA$3.75

Aug 13
E-L Financial (TSE:ELF) Has Announced A Dividend Of CA$3.75

Recent updates

Is Now The Time To Put E-L Financial (TSE:ELF) On Your Watchlist?

Dec 07
Is Now The Time To Put E-L Financial (TSE:ELF) On Your Watchlist?

Benign Growth For E-L Financial Corporation Limited (TSE:ELF) Underpins Its Share Price

Sep 17
Benign Growth For E-L Financial Corporation Limited (TSE:ELF) Underpins Its Share Price

E-L Financial (TSE:ELF) Has Announced A Dividend Of CA$3.75

Aug 13
E-L Financial (TSE:ELF) Has Announced A Dividend Of CA$3.75

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?

Upcoming Dividend Payment

TodayDec 22 2024Ex Dividend DateDec 31 2024Dividend Pay DateJan 17 202517 days from Ex DividendBuy in the next 9 days to receive the upcoming dividend

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)1.1%
Market Bottom 25% (CA)1.8%
Market Top 25% (CA)6.4%
Industry Average (Insurance)3.2%
Analyst forecast (ELF) (up to 3 years)n/a

Notable Dividend: ELF's dividend (1.12%) isn’t notable compared to the bottom 25% of dividend payers in the Canadian market (1.82%).

High Dividend: ELF's dividend (1.12%) is low compared to the top 25% of dividend payers in the Canadian market (6.54%).


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (2.9%), 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.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 00:46
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

E-L Financial Corporation Limited is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ganesh D.N.Virtua Research Inc.