IGM Financial Dividends and Buybacks
Dividend criteria checks 6/6
IGM Financial is a dividend paying company with a current yield of 4.9% that is well covered by earnings. Next payment date is on 31st January, 2025 with an ex-dividend date of 31st December, 2024.
Key information
4.9%
Dividend yield
0.5%
Buyback Yield
| Total Shareholder Yield | 5.4% |
| Future Dividend Yield | 4.9% |
| Dividend Growth | 0.9% |
| Next dividend pay date | 31 Jan 25 |
| Ex dividend date | 31 Dec 24 |
| Dividend per share | €2.250 |
| Payout ratio | 61% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: C7G's dividends per share have been stable in the past 10 years.
Growing Dividend: C7G's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| IGM Financial Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (C7G) | 4.9% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Capital Markets) | 2.6% |
| Analyst forecast (C7G) (up to 3 years) | 4.9% |
Notable Dividend: C7G's dividend (4.9%) is higher than the bottom 25% of dividend payers in the German market (1.67%).
High Dividend: C7G's dividend (4.9%) is in the top 25% of dividend payers in the German market (4.86%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (60.8%), C7G's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (59.9%), C7G's dividend payments are covered by cash flows.