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 |
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IGM Financial Inc. has not yet announced its next dividend date. Last payment date was: Apr 30, 2024.
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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 | |
|---|---|---|---|---|---|
| 11 | Sep 28, 2021 | Sep 28, 2021 | Oct 29, 2021 | $0.563 | 1.15% |
| 12 | May 06, 2021 | Jun 29, 2021 | Jul 30, 2021 | $0.563 | 1.28% |
| 13 | Feb 11, 2021 | Mar 30, 2021 | Apr 30, 2021 | $0.563 | 1.28% |
| 14 | Nov 05, 2020 | Dec 30, 2020 | Jan 29, 2021 | $0.563 | 1.66% |
| 15 | Aug 06, 2020 | Sep 29, 2020 | Oct 30, 2020 | $0.563 | 1.92% |
| 16 | May 08, 2020 | Jun 29, 2020 | Jul 31, 2020 | $0.563 | 1.71% |
| 17 | Feb 14, 2020 | Mar 30, 2020 | Apr 30, 2020 | $0.563 | 1.91% |
| 18 | Nov 01, 2019 | Dec 30, 2019 | Jan 31, 2020 | $0.563 | 1.47% |
| 19 | Sep 27, 2019 | Sep 27, 2019 | Oct 31, 2019 | $0.563 | 1.51% |
| 20 | May 03, 2019 | Jun 27, 2019 | Jul 31, 2019 | $0.563 | 1.54% |
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.
