IGM Financial Inc. Stock Dividends
IGM.TO pays dividends quarterly. Last paid amount was $0.563 at Apr 30, 2024. As of today, dividend yield (TTM) is 6.79%.
Dividend Yield Range
AI Analysis of IGM.TO
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 6.79% |
|---|---|
| Frequency | Quarterly |
| 1Y Growth | -0.0888% |
| Payout Ratio | 0 |
| Amount Per Share | $0.563 |
| Next Ex-Dividend Date | Jun 28, 2024 |
| Next Payment Date | Jul 31, 2024 |
Upcoming Dividend Payment
To receive the upcoming dividend from IGM the purchase should be done within the next 48 days.
Here's a simple guide on how to buy IGM stock.
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 | |
|---|---|---|---|---|---|
| 101 | Apr 23, 1999 | Jun 28, 1999 | Jul 30, 1999 | $0.116 | 0.580% |
| 102 | Jan 29, 1999 | Mar 29, 1999 | Apr 30, 1999 | $0.115 | 0.523% |
| 103 | Oct 29, 1998 | Dec 29, 1998 | Feb 01, 1999 | $0.105 | 0.418% |
| 104 | Jul 24, 1998 | Sep 28, 1998 | Oct 30, 1998 | $0.0950 | 0.430% |
| 105 | Apr 24, 1998 | Jun 26, 1998 | Jul 31, 1998 | $0.0950 | 0.369% |
| 106 | Jan 30, 1998 | Mar 27, 1998 | May 01, 1998 | $0.0850 | 0.312% |
| 107 | Oct 31, 1997 | Dec 29, 1997 | Jan 30, 1998 | $0.0850 | 0.397% |
| 108 | Jul 28, 1997 | Sep 26, 1997 | Oct 31, 1997 | $0.0750 | 0.355% |
| 109 | Apr 25, 1997 | Jun 26, 1997 | Aug 01, 1997 | $0.0750 | 0.397% |
| 110 | Jan 30, 1997 | Mar 26, 1997 | May 01, 1997 | $0.0650 | 0.510% |
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 6.79%, 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 (11.34%), which means that there are more attractive dividend stocks to consider.
