Canadian Life Companies Split (LFE.TO) Dividend: History, Dates & Yield - 2024
Dividend History
Canadian Life Companies Split announced a monthly dividend of C$0.10 per ordinary share, payable on 2025-01-10, with an ex-dividend date of 2024-12-31. Canadian Life Companies Split typically pays dividends nine times a year, compared to C$0.90 in 2024.
Find details on Canadian Life Companies Split's dividend performance with a comprehensive history of past and upcoming payments.
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-31 | C$0.10 | monthly | 2025-01-10 |
2024-11-29 | C$0.10 | monthly | 2024-12-10 |
2024-10-31 | C$0.10 | monthly | 2024-11-08 |
2024-09-27 | C$0.10 | monthly | 2024-10-10 |
2024-08-30 | C$0.10 | monthly | 2024-09-10 |
2024-07-31 | C$0.10 | monthly | 2024-08-09 |
2024-05-31 | C$0.10 | monthly | 2024-06-10 |
2024-03-27 | C$0.10 | monthly | |
2024-02-28 | C$0.10 | monthly | |
2022-06-29 | C$0.05 | monthly |
Dividend Increase
Canadian Life Companies Split's dividend growth over the last five years (2020-2024) was 139.74% per year, while over the last ten years (2015-2024), it was 126.85% per year. In comparison, Dividend 15 Split II has seen an average growth rate of 79.78% over the past five years and Brompton Lifeco Split's growth rate was 105.74%.
By comparing Canadian Life Companies Split's dividend growth to other companies, investors can gain insight into how consistent its dividend strategy is and what that means for future payouts. However, dividend growth is just one factor to consider. Investors should also evaluate other metrics, such as earnings growth, payout ratio, and overall financial health, to get a full picture of Walmart's dividend sustainability and potential.
Dividend Yield
Canadian Life Companies Split's current trailing twelve-month (TTM) dividend yield is 14.48%. Over the last 12 months, Canadian Life Companies Split has maintained this yield, but how does it compare to similar stocks? For example, Dividend 15 Split II offers a yield of 12.97%, while Brompton Lifeco Split provides a yield of 11.11%. Comparing similar stocks can help investors assess Canadian Life Companies Split's yield and make more informed decisions.
Company | Dividend Yield | Annual Dividend | Stock Price |
---|---|---|---|
Canadian Life Companies Split (LFE.TO) | 14.48% | C$0.8999999999999999 | C$6.1 |
Dividend 15 Split II (DF.TO) | 12.97% | C$0.8 | C$6.12 |
Brompton Lifeco Split (LCS.TO) | 11.11% | C$0.921 | C$8.16 |
Dividend Yield Calculator
Interested in purchasing Canadian Life Companies Split stock? Use our calculator to estimate your expected dividend yield and see how Walmart's consistent payouts could contribute to your long-term investment goals. Understanding your potential returns can help you make an informed decision.
Payout Ratio
Canadian Life Companies Split has a payout ratio of 0.76%. In comparison, Dividend 15 Split II has a payout ratio of 0.07%, while Brompton Lifeco Split's payout ratio is 0.51%.
It's important to note that the payout ratio is just one of many metrics investors use to assess a company's dividend sustainability and growth potential. It should be considered alongside other financial indicators such as earnings, cash flow, and debt levels to gain a complete picture of the company's financial health.
About Canadian Life Companies Split
Frequently Asked Question
Other factors to consider when evaluating Canadian Life Companies Split as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Place an order: Use the brokerage's trading platform to place an order to buy Canadian Life Companies Split stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
1. Determination of Dividend: Canadian Life Companies Split's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Canadian Life Companies Split publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Canadian Life Companies Split distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Canadian Life Companies Split are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Canadian Life Companies Split sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Canadian Life Companies Split distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Canadian Life Companies Split declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Canadian Life Companies Split's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Canadian Life Companies Split's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.