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IGM Financial (IGM) Dividend Yield, Date & History

IGM Financial logo
C$46.44 +0.02 (+0.04%)
(As of 12/24/2024 01:21 PM ET)

IGM Financial Dividend Summary

Dividend Yield
4.84%
Annual Dividend
C$2.25
Next
Dividend Payment
Jan. 31
Dividend Payout Ratio
63.38%

IGM Financial (IGM) pays an annual dividend of C$2.25 per share, with a dividend yield of 4.84%. The next payment of C$0.56 per share is scheduled for Friday, January 31, to investors who own the stock before the ex-dividend date of Tuesday, December 31. The company currently pays out 63.38% of its earnings and 42.40% of its cash flow as dividends.

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IGM Dividend Payments by Quarter

The chart below displays up to four years of IGM Financial's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

IGM Dividend Yield Over Time

The chart below tracks IGM Financial's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

IGM Financial vs. The Competition

Compare IGM Financial's annual dividend, yield, and 3-year growth rate with averages for Financial and TSE companies to evaluate its performance against the market.

TypeIGM FinancialFinancial CompaniesTSE Companies
Annual DividendC$2.25C$0.17C$1.07
Dividend Yield4.84%4.43%5.40%

IGM Financial Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings63.38%
Based on This Year's Estimate56.15%
Based on Cashflow42.40%

IGM Financial Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
11/7/2024Quarterly$0.5630 - 5.07%12/31/202412/31/20241/31/2025
9/27/2024Quarterly$0.5630 - 6.23%9/27/202410/31/202410/31/2024
5/2/2024Quarterly$0.5630 - 5.93%6/28/20246/28/20247/31/2024
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2/15/2024Quarterly$0.5630 - 6.42%3/27/20243/28/20244/30/2024
12/28/2023Quarterly$0.5630 - 6.6%12/28/20231/31/20241/31/2024
9/28/2023Quarterly$0.5630 - 5.91%9/28/202310/31/202310/31/2023
5/3/2023Quarterly$0.5630 - 5.84%6/29/20236/30/20237/31/2023
3/30/2023Quarterly$0.5630 - 5.34%3/30/20234/28/20234/28/2023
12/29/2022Quarterly$0.5630+$0.0005
0.09%
5.98%12/29/20221/31/20231/31/2023

This table shows IGM Financial's dividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

IGM Financial Dividend - Frequently Asked Questions

The current dividend yield for IGM Financial is 4.84%. Learn more on IGM's dividend yield history.

The annual dividend for IGM shares is C$2.25. Learn more on IGM's annual dividend history.

IGM Financial pays quarterly dividends to shareholders.

IGM Financial's next quarterly dividend payment of C$0.56 per share will be made to shareholders on Friday, January 31, 2025.

IGM Financial's most recent quarterly dividend payment of C$0.56 per share was made to shareholders on Thursday, October 31, 2024.

IGM Financial's next ex-dividend date is Tuesday, December 31, 2024.

IGM Financial's most recent ex-dividend date was Friday, September 27, 2024.

The most recent change in the company's dividend was an increase of C$0.00 on Thursday, December 29, 2022.

The dividend payout ratio for IGM is:
  • 63.38% based on the trailing year of earnings
  • 56.15% based on this year's estimates
  • 42.40% based on cash flow

IGM Financial's dividend yield of 5.44% is higher than the average Financial Services company that issues a dividend. IGM Financial's dividend payout ratio of 63.38% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate IGM Financial stock as a Moderate Buy, forecasting growth opportunities and potential value appreciation.


This page (TSE:IGM) was last updated on 12/25/2024 by MarketBeat.com Staff
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