Definity Financial Dividend
Dividend criteria checks 2/6
Definity Financial is a dividend paying company with a current yield of 1.47% that is well covered by earnings. Next payment date is on 27th June, 2024 with an ex-dividend date of 13th June, 2024.
Key information
1.5%
Dividend yield
19%
Payout ratio
| Industry average yield | 1.8% |
| Next dividend pay date | 27 Jun 24 |
| Ex dividend date | 13 Jun 24 |
| Dividend per share | n/a |
| Earnings per share | US$3.08 |
| Dividend yield forecast in 3Y | 1.5% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: DFYF.F has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: DFYF.F's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| Definity Financial Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (DFYF.F) | 1.5% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.7% |
| Industry Average (Insurance) | 1.8% |
| Analyst forecast in 3 Years (DFYF.F) | 1.5% |
Notable Dividend: DFYF.F's dividend (1.47%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.52%).
High Dividend: DFYF.F's dividend (1.47%) is low compared to the top 25% of dividend payers in the US market (4.7%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (18.6%), DFYF.F's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (36.2%), DFYF.F's dividend payments are well covered by cash flows.