E-L Financial Dividends and Buybacks
Dividend criteria checks 4/6
E-L Financial is a dividend paying company with a current yield of 1.02% 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
1.0%
Dividend yield
1.9%
Buyback Yield
Total Shareholder Yield | 2.9% |
Future Dividend Yield | n/a |
Dividend Growth | 17.0% |
Next dividend pay date | 17 Jan 25 |
Ex dividend date | 31 Dec 24 |
Dividend per share | CA$15.000 |
Payout ratio | 3% |
Recent dividend and buyback updates
Recent updates
Benign Growth For E-L Financial Corporation Limited (TSE:ELF) Underpins Its Share Price
Sep 17E-L Financial (TSE:ELF) Has Announced A Dividend Of CA$3.75
Aug 13E-L Financial (TSE:ELF) Has Re-Affirmed Its Dividend Of CA$2.50
May 27E-L Financial (TSE:ELF) Has Affirmed Its Dividend Of CA$2.50
May 13Does E-L Financial (TSE:ELF) Deserve A Spot On Your Watchlist?
Apr 06How Much Of E-L Financial Corporation Limited (TSE:ELF) Do Institutions Own?
Mar 14Introducing E-L Financial (TSE:ELF), A Stock That Climbed 25% In The Last Five Years
Feb 06Have Insiders Been Buying E-L Financial Corporation Limited (TSE:ELF) Shares?
Jan 08How Many E-L Financial Corporation Limited (TSE:ELF) Shares Do Institutions Own?
Dec 13Upcoming Dividend Payment
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 |
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Segment | Dividend Yield |
---|---|
Company (ELF) | 1.0% |
Market Bottom 25% (CA) | 1.8% |
Market Top 25% (CA) | 6.1% |
Industry Average (Insurance) | 3.2% |
Analyst forecast (ELF) (up to 3 years) | n/a |
Notable Dividend: ELF's dividend (1.02%) isn’t notable compared to the bottom 25% of dividend payers in the Canadian market (1.78%).
High Dividend: ELF's dividend (1.02%) is low compared to the top 25% of dividend payers in the Canadian market (6.13%).
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.