Element Fleet Management Dividends and Buybacks
Dividend criteria checks 2/6
Element Fleet Management is a dividend paying company with a current yield of 1.74% that is well covered by earnings. Next payment date is on 15th January, 2025 with an ex-dividend date of 31st December, 2024.
Key information
1.7%
Dividend yield
0.1%
Buyback Yield
| Total Shareholder Yield | 1.8% |
| Future Dividend Yield | 2.5% |
| Dividend Growth | -1.3% |
| Next dividend pay date | 15 Jan 25 |
| Ex dividend date | 31 Dec 24 |
| Dividend per share | US$0.371 |
| Payout ratio | 38% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ELEE.F has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: ELEE.F's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Element Fleet Management Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ELEE.F) | 1.7% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Commercial Services) | 1.0% |
| Analyst forecast (ELEE.F) (up to 3 years) | 2.5% |
Notable Dividend: ELEE.F's dividend (1.74%) is higher than the bottom 25% of dividend payers in the US market (1.35%).
High Dividend: ELEE.F's dividend (1.74%) is low compared to the top 25% of dividend payers in the US market (4.21%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (38.3%), ELEE.F's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: ELEE.F is paying a dividend but the company has no free cash flows.