Exchange Income Corporation

TSX:EIF Stock Report

Market Cap: CA$5.5b

Exchange Income Dividends and Buybacks

Dividend criteria checks 4/6

Exchange Income is a dividend paying company with a current yield of 2.7% that is well covered by earnings. Next payment date is on 15th April, 2026 with an ex-dividend date of 31st March, 2026.

Key information

2.7%

Dividend yield

-0.4%

Buyback Yield

Total Shareholder Yield2.3%
Future Dividend Yield3.0%
Dividend Growth3.6%
Next dividend pay date15 Apr 26
Ex dividend date31 Mar 26
Dividend per sharen/a
Payout ratio83%

Recent dividend and buyback updates

Recent updates

Long Term Defense And Infrastructure Demand Will Support This Undervalued Aviation And Manufacturing Group

Catalysts About Exchange Income Exchange Income Corporation operates a diversified group of aviation and manufacturing businesses across essential air services, aerospace, defense, environmental access solutions and precision manufacturing. What are the underlying business or industry changes driving this perspective?

Exchange Income (TSE:EIF) Takes On Some Risk With Its Use Of Debt

Dec 31
Exchange Income (TSE:EIF) Takes On Some Risk With Its Use Of Debt

At CA$79.55, Is It Time To Put Exchange Income Corporation (TSE:EIF) On Your Watch List?

Dec 01
At CA$79.55, Is It Time To Put Exchange Income Corporation (TSE:EIF) On Your Watch List?

Impressive Earnings May Not Tell The Whole Story For Exchange Income (TSE:EIF)

Nov 15
Impressive Earnings May Not Tell The Whole Story For Exchange Income (TSE:EIF)

Exchange Income (TSE:EIF) Will Pay A Dividend Of CA$0.22

Oct 28
Exchange Income (TSE:EIF) Will Pay A Dividend Of CA$0.22

Exchange Income (TSE:EIF) Is Due To Pay A Dividend Of CA$0.22

Sep 20
Exchange Income (TSE:EIF) Is Due To Pay A Dividend Of CA$0.22

Exchange Income (TSE:EIF) Is Paying Out A Dividend Of CA$0.22

Jul 21
Exchange Income (TSE:EIF) Is Paying Out A Dividend Of CA$0.22

We Think Exchange Income (TSE:EIF) Is Taking Some Risk With Its Debt

Jul 06
We Think Exchange Income (TSE:EIF) Is Taking Some Risk With Its Debt

Exchange Income (TSE:EIF) Will Pay A Dividend Of CA$0.22

Jun 21
Exchange Income (TSE:EIF) Will Pay A Dividend Of CA$0.22

Exchange Income (TSE:EIF) Has Affirmed Its Dividend Of CA$0.22

May 19
Exchange Income (TSE:EIF) Has Affirmed Its Dividend Of CA$0.22

Exchange Income Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

May 15
Exchange Income Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Exchange Income Corporation's (TSE:EIF) Popularity With Investors Is Clear

May 08
Exchange Income Corporation's (TSE:EIF) Popularity With Investors Is Clear

Exchange Income (TSE:EIF) Has Affirmed Its Dividend Of CA$0.22

Apr 20
Exchange Income (TSE:EIF) Has Affirmed Its Dividend Of CA$0.22

Exchange Income (TSE:EIF) Will Pay A Dividend Of CA$0.22

Mar 21
Exchange Income (TSE:EIF) Will Pay A Dividend Of CA$0.22

Solid Earnings May Not Tell The Whole Story For Exchange Income (TSE:EIF)

Mar 06
Solid Earnings May Not Tell The Whole Story For Exchange Income (TSE:EIF)

Is There An Opportunity With Exchange Income Corporation's (TSE:EIF) 48% Undervaluation?

Feb 07
Is There An Opportunity With Exchange Income Corporation's (TSE:EIF) 48% Undervaluation?
User avatar

US Expansion And Spartan Acquisition Will Strengthen Future Market Position

The acquisition of Spartan and product diversification into new regions are key growth strategies, enhancing revenue and market expansion opportunities.

Does Exchange Income (TSE:EIF) Have A Healthy Balance Sheet?

Jan 09
Does Exchange Income (TSE:EIF) Have A Healthy Balance Sheet?

Exchange Income (TSE:EIF) Will Pay A Dividend Of CA$0.22

Dec 21
Exchange Income (TSE:EIF) Will Pay A Dividend Of CA$0.22

Exchange Income's (TSE:EIF) Returns Have Hit A Wall

Dec 11
Exchange Income's (TSE:EIF) Returns Have Hit A Wall

Exchange Income (TSE:EIF) Is Due To Pay A Dividend Of CA$0.22

Nov 19
Exchange Income (TSE:EIF) Is Due To Pay A Dividend Of CA$0.22

Earnings Beat: Exchange Income Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Nov 09
Earnings Beat: Exchange Income Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Upcoming Dividend Payment

TodayMar 24 2026Ex Dividend DateMar 31 2026Dividend Pay DateApr 15 202615 days from Ex DividendBuy in the next 7 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: EIF's dividends per share have been stable in the past 10 years.

Growing Dividend: EIF's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Exchange Income Dividend Yield vs Market
How does EIF dividend yield compare to the market?
SegmentDividend Yield
Company (EIF)2.7%
Market Bottom 25% (CA)1.7%
Market Top 25% (CA)5.7%
Industry Average (Airlines)1.7%
Analyst forecast (EIF) (up to 3 years)3.0%

Notable Dividend: EIF's dividend (2.7%) is higher than the bottom 25% of dividend payers in the Canadian market (1.72%).

High Dividend: EIF's dividend (2.7%) is low compared to the top 25% of dividend payers in the Canadian market (5.71%).


Earnings Payout to Shareholders

Earnings Coverage: At its current payout ratio (83%), EIF's payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: EIF is paying a dividend but the company has no free cash flows.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/03/23 23:48
End of Day Share Price 2026/03/23 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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 Github.

Analyst Sources

Exchange Income Corporation is covered by 15 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Christopher MurrayATB Cormark
Michael GoldieBMO Capital Markets Equity Research
Matthew LeeCanaccord Genuity