IGM Financial Inc. Stock Dividends
IGM.TO pays dividends quarterly. Last paid amount was $0.563 at Jan 31, 2024. As of today, dividend yield (TTM) is 6.80%.
Dividend Yield Range
AI Analysis of IGM.TO
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 6.80% |
|---|---|
| Frequency | Quarterly |
| 1Y Growth | -0.0888% |
| Payout Ratio | 0 |
| Amount Per Share | $0.563 |
| Next Ex-Dividend Date | Mar 27, 2024 |
| Next Payment Date | Apr 30, 2024 |
IGM Dividend Payout History
To ensure a understanding of IGM's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Feb 15, 2024 | Mar 27, 2024 | Apr 30, 2024 | $0.563 | 1.65% |
| 2 | Nov 01, 2023 | Dec 28, 2023 | Jan 31, 2024 | $0.563 | 1.55% |
| 3 | Aug 02, 2023 | Sep 28, 2023 | Oct 31, 2023 | $0.563 | 1.80% |
| 4 | May 03, 2023 | Jun 29, 2023 | Oct 31, 2023 | $0.563 | 1.80% |
| 5 | Mar 30, 2023 | Mar 30, 2023 | Apr 28, 2023 | $0.563 | 1.35% |
| 6 | Dec 29, 2022 | Dec 29, 2022 | Jan 31, 2023 | $0.563 | 1.36% |
| 7 | Sep 28, 2022 | Sep 28, 2022 | Oct 31, 2022 | $0.563 | 1.54% |
| 8 | Jun 29, 2022 | Jun 29, 2022 | Jun 29, 2022 | $0.563 | 1.63% |
| 9 | Feb 11, 2022 | Mar 30, 2022 | Apr 29, 2022 | $0.563 | 1.38% |
| 10 | Dec 30, 2021 | Dec 30, 2021 | Jan 31, 2022 | $0.563 | 1.26% |
Dividend Sustainability
The company's strong Dividend Sustainability Score (DSS) indicates its robust capacity to uphold current dividend levels. Furthermore, its high Dividend Growth Potential Score (DGPS) signals potential dividend growth. In summary, the company provides a promising overall dividend outlook, balancing both sustainability and growth potential.
Sustainability score
Growth potential
IGM Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from IGM dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in IGM stock here.
Comparing IGM to Sector and Country
IGM.TO pays a solid dividend yield of 6.80%, which is higher than the average of the bottom 25% of dividend payers in the CA market (1.39%). IGM.TO’s dividend yield is lower than the average of the top 25% of dividend payers in the Financial Services sector in the CA market (10.67%), which means that there are more attractive dividend stocks to consider.
