Power Corporation of Canada Dividends and Buybacks
Dividend criteria checks 6/6
Power of Canada is a dividend paying company with a current yield of 4.83% 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
4.8%
Dividend yield
1.6%
Buyback Yield
| Total Shareholder Yield | 6.4% |
| Future Dividend Yield | 5.4% |
| Dividend Growth | 3.7% |
| Next dividend pay date | 31 Jan 25 |
| Ex dividend date | 31 Dec 24 |
| Dividend per share | US$1.638 |
| Payout ratio | 62% |
Recent dividend and buyback updates
No updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PWCD.F's dividends per share have been stable in the past 10 years.
Growing Dividend: PWCD.F's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Power Corporation of Canada Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PWCD.F) | 4.8% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Insurance) | 1.7% |
| Analyst forecast (PWCD.F) (up to 3 years) | 5.4% |
Notable Dividend: PWCD.F's dividend (4.83%) is higher than the bottom 25% of dividend payers in the US market (1.38%).
High Dividend: PWCD.F's dividend (4.83%) is in the top 25% of dividend payers in the US market (4.32%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (61.8%), PWCD.F's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (29.5%), PWCD.F's dividend payments are well covered by cash flows.