Exchange Income Dividend
Dividend criteria checks 3/6
Exchange Income is a dividend paying company with a current yield of 5.64%. Next payment date is on 15th May, 2024 with an ex-dividend date of 29th April, 2024.
Key information
5.6%
Dividend yield
93%
Payout ratio
| Industry average yield | 2.0% |
| Next dividend pay date | 15 May 24 |
| Ex dividend date | 29 Apr 24 |
| Dividend per share | n/a |
| Earnings per share | CA$2.59 |
| Dividend yield forecast in 3Y | 6.2% |
Recent dividend updates
Recent updates
Is Exchange Income Corporation (TSE:EIF) Trading At A 34% Discount?
Apr 13
Returns 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 25Is Now The Time To Put Exchange Income (TSE:EIF) On Your Watchlist?
Nov 12Exchange Income's (TSE:EIF) Dividend Will Be Increased To CA$0.21
Aug 21Upcoming 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) | 5.6% |
| Market Bottom 25% (CA) | 1.9% |
| Market Top 25% (CA) | 6.6% |
| Industry Average (Airlines) | 2.0% |
| Analyst forecast in 3 Years (EIF) | 6.2% |
Notable Dividend: EIF's dividend (5.64%) is higher than the bottom 25% of dividend payers in the Canadian market (1.91%).
High Dividend: EIF's dividend (5.64%) is low compared to the top 25% of dividend payers in the Canadian market (6.57%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (93.4%), 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.