Exchange Income Dividends and Buybacks
Dividend criteria checks 3/6
Exchange Income is a dividend paying company with a current yield of 4.75%. Next payment date is on 13th December, 2024 with an ex-dividend date of 29th November, 2024.
Key information
4.7%
Dividend yield
-0.9%
Buyback Yield
| Total Shareholder Yield | 3.8% |
| Future Dividend Yield | 5.2% |
| Dividend Growth | -3.9% |
| Next dividend pay date | 13 Dec 24 |
| Ex dividend date | 29 Nov 24 |
| Dividend per share | CA$2.640 |
| Payout ratio | 102% |
Recent dividend and buyback updates
Recent updates
Exchange Income (TSE:EIF) Is Due To Pay A Dividend Of CA$0.22
Nov 19
Earnings Beat: Exchange Income Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Nov 09Slowing Rates Of Return At Exchange Income (TSE:EIF) Leave Little Room For Excitement
Jun 15We Think Exchange Income (TSE:EIF) Is Taking Some Risk With Its Debt
May 22Is Exchange Income Corporation (TSE:EIF) Trading At A 34% Discount?
Apr 13Returns At Exchange Income (TSE:EIF) Appear To Be Weighed Down
Feb 24What Is Exchange Income Corporation's (TSE:EIF) Share Price Doing?
Jan 09Are Investors Undervaluing Exchange Income Corporation (TSE:EIF) By 27%?
Dec 08Is Exchange Income (TSE:EIF) A Risky Investment?
Nov 08Exchange Income (TSE:EIF) Will Pay A Dividend Of CA$0.21
Oct 20Returns On Capital At Exchange Income (TSE:EIF) Have Stalled
Oct 11Exchange Income (TSE:EIF) Is Paying Out A Dividend Of CA$0.21
Sep 21Here's Why We Think Exchange Income (TSE:EIF) Might Deserve Your Attention Today
Sep 11Exchange Income (TSE:EIF) Is Due To Pay A Dividend Of CA$0.21
Aug 20With EPS Growth And More, Exchange Income (TSE:EIF) Makes An Interesting Case
Jun 10Exchange Income (TSE:EIF) Has Affirmed Its Dividend Of CA$0.21
May 21Return Trends At Exchange Income (TSE:EIF) Aren't Appealing
May 11Is Exchange Income Corporation (TSE:EIF) Trading At A 33% Discount?
Apr 02Is Exchange Income (TSE:EIF) Using Too Much Debt?
Mar 14Return Trends At Exchange Income (TSE:EIF) Aren't Appealing
Jan 25Upcoming Dividend Payment
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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (EIF) | 4.7% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.1% |
| Industry Average (Airlines) | 1.8% |
| Analyst forecast (EIF) (up to 3 years) | 5.2% |
Notable Dividend: EIF's dividend (4.75%) is higher than the bottom 25% of dividend payers in the Canadian market (1.77%).
High Dividend: EIF's dividend (4.75%) is low compared to the top 25% of dividend payers in the Canadian market (6.11%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (101.9%), EIF's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: EIF is paying a dividend but the company has no free cash flows.