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Definity Financial Corporation, together with its subsidiaries, provides property and casualty insurance products in Canada. It offers personal insurance products, including auto, property, general and umbrella liability, and pet insurance products to individuals under the Economical, Sonnet, Family, Petsecure, and Peppermint brands; and commercial insurance products comprising fleet, commercial auto, property, liability, and specialty insurance products to businesses under the Economical brand name. The company distributes its products on a primarily intermediated basis, and through brokers, as well as directly to customers. Definity Financial Corporation was formerly known as Economical Holdings Corporation and changed its name to Definity Financial Corporation in August 2021. Definity Financial Corporation was founded in 1871 and is headquartered in Waterloo, Canada.

Definity Financial Dividend Announcement

Definity Financial announced a quarterly dividend of C$0.16 per ordinary share which will be made payable on 2024-09-27. Ex dividend date: 2024-09-13
Definity Financial annual dividend for 2024 was C$0.48
Definity Financial annual dividend for 2023 was C$0.55
Definity Financial's trailing twelve-month (TTM) dividend yield is 1.44%
Definity Financial's payout ratio for the trailing twelve months (TTM) is 17.72%

Definity Financial Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-13C$0.16quarterly2024-09-27
2024-06-13C$0.16quarterly2024-06-27
2024-03-14C$0.16quarterly2024-03-28
2023-12-14C$0.14quarterly2023-12-28
2023-09-14C$0.14quarterly2023-09-28
2023-06-14C$0.14quarterly2023-06-28
2023-03-14C$0.14quarterly2023-03-28
2022-12-14C$0.12quarterly2022-12-28
2022-09-14C$0.12quarterly2022-09-28
2022-06-14C$0.12quarterly2022-06-28
2022-03-14C$0.17quarterly2022-03-28

Definity Financial Dividend per year

Definity Financial Dividend growth

Definity Financial Dividend Yield

Definity Financial current trailing twelve-month (TTM) dividend yield is 1.44%. Interested in purchasing Definity Financial stock? Use our calculator to estimate your expected dividend yield:

Definity Financial Financial Ratios

P/E ratio16.08
PEG ratio0.26
P/B ratio2.07
ROE13.55%
Payout ratio17.72%
Current ratio6.34
Quick ratio9.54
Cash Ratio3.06

Definity Financial Dividend FAQ

How much is the next Definity Financial dividend?
Definity Financial's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Definity Financial dividend. The next Definity Financial dividend will be released in March, June, September, or December.
When is Definity Financial dividend paid?
Definity Financial pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, June, September, and December. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Definity Financial pay?
The specific amount of Definity Financial dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Definity Financial's dividend history.
Does Definity Financial stock pay dividends?
Yes, Definity Financial does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Definity Financial's dividend history.
How much dividend does Definity Financial pay?
Definity Financial paid C$0.48 in 2024, C$0.55 in 2023, C$0.55 in 2022, C$0.0 in 2021, and C$0.0 in 2020.
How often does Definity Financial pay dividends?
Definity Financial typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, June, September, and December.
What is Definity Financial's dividend yield?
The current dividend yield for Definity Financial is 1.44%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Definity Financial's exact dividend yield.
When does Definity Financial go ex dividend?
Definity Financial's ex-dividend date for the latest dividend was on 2024-09-13. Definity Financial typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Definity Financial dividend paid?
Definity Financial pays dividends on a quarterly basis, typically around March, June, September, or December, but the exact dates can vary each year.
Will Definity Financial increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Definity Financial will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Definity Financial dividend per share?
Definity Financial paid C$0.48 per share in 2024 and C$0.55 per share in 2023. The amount of dividend per share that Definity Financial pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Definity Financial a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Definity Financial a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Definity Financial a dividend stock?
Yes, Definity Financial is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Definity Financial a good dividend stock?
Whether Definity Financial is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Definity Financial has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Definity Financial 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.
Does Definity Financial pay dividends monthly?
Definity Financial typically pays dividends on a quarterly basis.
Does Definity Financial pay dividends quarterly?
Definity Financial currently pays dividends on a quarterly basis.
Has Definity Financial ever paid a dividend?
Yes, Definity Financial has a history of paying dividends to its shareholders. Definity Financial is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Definity Financial dividend stocks?
To buy Definity Financial you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Definity Financial 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.
When does Definity Financial pay dividends 2024?
Definity Financial pays dividends on a quarterly basis. 2024 dividend payments are in 2024-09-27. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Definity Financial increase its dividend in 2024?
Decisions regarding Definity Financial dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Definity Financial dividend overview you can look into the above table of dividend history.
How Definity Financial dividend works?
The Definity Financial dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Definity Financial's dividend process works:

1. Determination of Dividend: Definity Financial'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, Definity Financial 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, Definity Financial 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 Definity Financial 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.
How are Definity Financial dividends paid?
Definity Financial dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Definity Financial 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, Definity Financial distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Definity Financial 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.
How many times does Definity Financial pay dividends?
Definity Financial typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Definity Financial pay dividends?
The general pattern is that Definity Financial pays dividends around March, June, September, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Definity Financial dividend safe?
The safety of Definity Financial's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Definity Financial'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 Definity Financial'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.