CI Financial Dividends and Buybacks
Dividend criteria checks 2/6
CI Financial is a dividend paying company with a current yield of 2.58%. Next payment date is on 15th January, 2025 with an ex-dividend date of 31st December, 2024.
Key information
2.6%
Dividend yield
8.6%
Buyback Yield
| Total Shareholder Yield | 11.2% |
| Future Dividend Yield | 2.8% |
| Dividend Growth | 0.6% |
| Next dividend pay date | 15 Jan 25 |
| Ex dividend date | 31 Dec 24 |
| Dividend per share | US$0.568 |
| Payout ratio | -175% |
Recent dividend and buyback updates
Recent updates
CI financial reports November AUM at an all time high
Dec 22CI Financial Non-GAAP EPS of C$0.7, revenue of C$513.6M
Nov 10CI Financial's total assets slide to $245.2B in September vs. August
Oct 17CI Financial goes ex dividend tomorrow
Sep 28CI Financial assets totaled C$345.9B in August, down 0.8% from July
Sep 15CI Financial Non-GAAP EPS of C$0.78, revenue of C$566.6M
Aug 11CI Financial reports $333.7B in prelim June total assets
Jul 21Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CIXX.F's dividend payments have been volatile in the past 10 years.
Growing Dividend: CIXX.F's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| CI Financial Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CIXX.F) | 2.6% |
| Market Bottom 25% (US) | 1.3% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Capital Markets) | 1.8% |
| Analyst forecast (CIXX.F) (up to 3 years) | 2.8% |
Notable Dividend: CIXX.F's dividend (2.58%) is higher than the bottom 25% of dividend payers in the US market (1.34%).
High Dividend: CIXX.F's dividend (2.58%) is low compared to the top 25% of dividend payers in the US market (4.2%).
Earnings Payout to Shareholders
Earnings Coverage: CIXX.F is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (27.6%), CIXX.F's dividend payments are well covered by cash flows.