Sagicor Financial Dividends and Buybacks
Dividend criteria checks 2/6
Sagicor Financial is a dividend paying company with a current yield of 5.33% that is well covered by earnings. Next payment date is on 17th December, 2024 with an ex-dividend date of 26th November, 2024.
Key information
5.3%
Dividend yield
2.2%
Buyback Yield
| Total Shareholder Yield | 7.6% |
| Future Dividend Yield | 5.3% |
| Dividend Growth | 5.0% |
| Next dividend pay date | 17 Dec 24 |
| Ex dividend date | 26 Nov 24 |
| Dividend per share | CA$0.240 |
| Payout ratio | 6% |
Recent dividend and buyback updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SFC) | 5.3% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.1% |
| Industry Average (Insurance) | 3.2% |
| Analyst forecast (SFC) (up to 3 years) | 5.3% |
Notable Dividend: SFC's dividend (5.33%) is higher than the bottom 25% of dividend payers in the Canadian market (1.77%).
High Dividend: SFC's dividend (5.33%) is low compared to the top 25% of dividend payers in the Canadian market (6.11%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (6%), 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.