Sagicor Financial Company Ltd.
TSX:SFC Stock Report
Sagicor Financial Dividends and Buybacks
Dividend criteria checks 2/6
Sagicor Financial is a dividend paying company with a current yield of 5.57% that is well covered by earnings.
Key information
| Total Shareholder Yield | 7.1% |
| Future Dividend Yield | 5.5% |
| Dividend Growth | 5.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CA$0.240 |
| Payout ratio | 7% |
Recent dividend and buyback updates
Here's Why We Think Sagicor Financial (TSE:SFC) Is Well Worth Watching
Aug 17Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, SFC has been paying a dividend for less than 10 years.
Growing Dividend: SFC's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
| Sagicor Financial Dividend Yield vs Market |
|---|
How does SFC dividend yield compare to the market?| Segment | Dividend Yield |
|---|
| Company (SFC) | 5.5% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.1% |
| Industry Average (Insurance) | 3.2% |
| Analyst forecast (SFC) (up to 3 years) | 5.5% |
Notable Dividend: SFC's dividend (5.57%) is higher than the bottom 25% of dividend payers in the Canadian market (1.76%).
High Dividend: SFC's dividend (5.57%) 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 (7%), SFC's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: SFC is paying a dividend but the company has no free cash flows.
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