NexgenRx Dividends and Buybacks
Dividend criteria checks 2/6
NexgenRx is a dividend paying company with a current yield of 4%.
Key information
4.0%
Dividend yield
-1.1%
Buyback Yield
| Total Shareholder Yield | 2.9% |
| Future Dividend Yield | n/a |
| Dividend Growth | -4.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CA$0.010 |
| Payout ratio | 279% |
Recent dividend and buyback updates
Recent updates
Optimistic Investors Push NexgenRx Inc. (CVE:NXG) Shares Up 45% But Growth Is Lacking
May 21
We Discuss Why NexgenRx Inc.'s (CVE:NXG) CEO Will Find It Hard To Get A Pay Rise From Shareholders This Year
May 10NexgenRx Inc.'s (CVE:NXG) Price Is Out Of Tune With Revenues
Mar 14Here's Why We Think NexgenRx (CVE:NXG) Might Deserve Your Attention Today
Mar 07Is Now The Time To Put NexgenRx (CVE:NXG) On Your Watchlist?
Oct 18Does NexgenRx (CVE:NXG) Deserve A Spot On Your Watchlist?
Nov 30What NexgenRx Inc.'s (CVE:NXG) 32% Share Price Gain Is Not Telling You
Aug 24Here's Why NexgenRx Inc.'s (CVE:NXG) CEO May Have Their Pay Bumped Up
Jun 03NexgenRx Inc.'s (CVE:NXG) Stock's On An Uptrend: Are Strong Financials Guiding The Market?
Feb 19
How Much Is NexgenRx's (CVE:NXG) CEO Getting Paid?
Dec 28Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NXG has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: NXG has only been paying a dividend for 3 years, and since then payments have fallen.
Dividend Yield vs Market
| NexgenRx Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (NXG) | 4.0% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.4% |
| Industry Average (Insurance) | 3.2% |
| Analyst forecast (NXG) (up to 3 years) | n/a |
Notable Dividend: NXG's dividend (4%) is higher than the bottom 25% of dividend payers in the Canadian market (1.81%).
High Dividend: NXG's dividend (4%) is low compared to the top 25% of dividend payers in the Canadian market (6.45%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (278.8%), NXG's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (66.1%), NXG's dividend payments are covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 09:26 |
| End of Day Share Price | 2024/12/16 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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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
NexgenRx Inc. is covered by 0 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.
| Analyst | Institution |
|---|