E-L Financial Dividend
Dividend criteria checks 4/6
E-L Financial is a dividend paying company with a current yield of 1.14% that is well covered by earnings. Next payment date is on 17th October, 2024 with an ex-dividend date of 27th September, 2024.
Key information
1.1%
Dividend yield
4%
Payout ratio
| Industry average yield | 3.6% |
| Next dividend pay date | 17 Oct 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | CA$15.000 |
| Earnings per share | CA$358.41 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
E-L Financial (TSE:ELF) Has Announced A Dividend Of CA$3.75
Aug 13
E-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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ELF) | 1.1% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.1% |
| Industry Average (Insurance) | 3.6% |
| Analyst forecast in 3 Years (ELF) | n/a |
Notable Dividend: ELF's dividend (1.14%) isn’t notable compared to the bottom 25% of dividend payers in the Canadian market (1.78%).
High Dividend: ELF's dividend (1.14%) is low compared to the top 25% of dividend payers in the Canadian market (6.14%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (4.2%), ELF's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (6.7%), ELF's dividend payments are thoroughly covered by cash flows.