company-logo

E-L Financial Corporation Limited operates as an investment and insurance holding company in Canada. It operates through two segments, E-L Corporate and Empire Life. The company owns investments in equities and fixed income securities directly and indirectly through pooled funds, closed-end investment companies, and other investment companies. It also underwrites life and health insurance policies, wealth management products, group plans, and financial services, as well as segregated funds, mutual funds, and annuity products to individuals, professionals, and businesses through a network of independent financial advisors, managing general agents, national account firms, mutual fund dealers, and employee benefit brokers and representatives. E-L Financial Corporation Limited was incorporated in 1968 and is headquartered in Toronto, Canada.

E-L Financial Dividend Announcement

E-L Financial announced a quarterly dividend of $2.79 per ordinary share which will be made payable on 2024-10-17. Ex dividend date: 2024-09-27
E-L Financial annual dividend for 2024 was $52.19
E-L Financial annual dividend for 2023 was $11.21
E-L Financial's trailing twelve-month (TTM) dividend yield is 5.02%
E-L Financial's payout ratio for the trailing twelve months (TTM) is 22.16%
E-L Financial's dividend growth over the last five years (2018-2023) was 24.28% year
E-L Financial's dividend growth over the last ten years (2013-2023) was -16.85% year

E-L Financial Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-27$2.79quarterly2024-10-17
2024-06-28$2.74quarterly2024-07-17
2024-05-13$43.90quarterly
2024-03-27$2.76quarterly
2023-12-28$2.84quarterly2024-01-17
2023-09-28$2.78quarterly2023-10-17
2023-06-29$2.83quarterly2023-07-17
2023-03-30$2.77quarterly2023-04-17
2022-12-29$1.84quarterly2023-01-17
2022-09-28$1.82quarterly2022-10-17
2022-06-29$1.94quarterly2022-07-15
2022-03-30$22.00quarterly2022-04-14
2021-12-30$1.96quarterly2022-01-17
2021-09-28$1.98quarterly2021-10-15
2021-09-13$63.04quarterly2021-09-24
2021-06-29$2.03quarterly2021-07-16
2021-03-30$0.99quarterly2021-04-16
2020-12-30$0.97quarterly2021-01-15
2020-09-29$0.94quarterly2020-10-16
2020-06-29$0.91quarterly2020-07-17
2020-03-30$18.77quarterly2020-04-17
2019-12-30$0.96quarterly2020-01-17
2019-09-27$0.94quarterly2019-10-17
2019-06-27$0.95quarterly2019-07-17
2019-03-28$1.25quarterly2019-04-17
2018-12-28$0.92quarterly2019-01-17
2018-09-27$0.96quarterly2018-10-17
2018-06-28$0.94quarterly2018-07-17
2018-03-28$0.97quarterly2018-04-17
2017-12-28$0.99quarterly2018-01-17
2017-10-02$1.00quarterly2017-10-17
2017-06-29$0.96quarterly2017-07-17
2017-03-30$0.94quarterly2017-04-17
2016-12-29$0.92quarterly
2016-09-29$0.96quarterly
2016-06-29$0.96quarterly
2016-03-30$0.96quarterly
2015-12-30$0.09quarterly
2015-09-29$0.09quarterly
2015-06-29$0.10quarterly
2015-03-30$0.10quarterly
2014-12-30$0.11quarterly
2014-09-29$0.11quarterly
2014-06-27$0.12quarterly
2014-03-28$0.11quarterly
2013-12-30$0.12quarterly
2013-12-03$70.48quarterly
2013-09-27$0.12quarterly
2013-06-28$0.12quarterly
2013-03-27$0.12quarterly

E-L Financial Dividend per year

E-L Financial Dividend growth

E-L Financial Dividend Yield

E-L Financial current trailing twelve-month (TTM) dividend yield is 5.02%. Interested in purchasing E-L Financial stock? Use our calculator to estimate your expected dividend yield:

E-L Financial Financial Ratios

P/E ratio4.24
PEG ratio0.94
P/B ratio0.69
ROE17.08%
Payout ratio22.16%
Current ratio37.91
Quick ratio56.08
Cash Ratio17.93

E-L Financial Dividend FAQ

How much is the next E-L Financial dividend?
E-L 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 E-L Financial dividend. The next E-L Financial dividend will be released in March, June, September, or December.
When is E-L Financial dividend paid?
E-L 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 E-L Financial pay?
The specific amount of E-L 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 E-L Financial's dividend history.
Does E-L Financial stock pay dividends?
Yes, E-L 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 E-L Financial's dividend history.
How much dividend does E-L Financial pay?
E-L Financial paid $52.185 in 2024, $11.212 in 2023, $27.605 in 2022, $69.991 in 2021, and $21.593 in 2020.
How often does E-L Financial pay dividends?
E-L 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 E-L Financial's dividend yield?
The current dividend yield for E-L Financial is 5.02%. 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 E-L Financial's exact dividend yield.
When does E-L Financial go ex dividend?
E-L Financial's ex-dividend date for the latest dividend was on 2024-09-27. E-L 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 E-L Financial dividend paid?
E-L Financial pays dividends on a quarterly basis, typically around March, June, September, or December, but the exact dates can vary each year.
Will E-L 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 E-L 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 E-L Financial dividend per share?
E-L Financial paid $52.185 per share in 2024 and $11.212 per share in 2023. The amount of dividend per share that E-L 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 E-L 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 E-L 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 E-L Financial a dividend stock?
Yes, E-L Financial is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is E-L Financial a good dividend stock?
Whether E-L 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. E-L Financial has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating E-L 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 E-L Financial pay dividends monthly?
E-L Financial typically pays dividends on a quarterly basis.
Does E-L Financial pay dividends quarterly?
E-L Financial currently pays dividends on a quarterly basis.
Has E-L Financial ever paid a dividend?
Yes, E-L Financial has a history of paying dividends to its shareholders. E-L Financial is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy E-L Financial dividend stocks?
To buy E-L 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 E-L 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 E-L Financial pay dividends 2024?
E-L Financial pays dividends on a quarterly basis. 2024 dividend payments are in 2024-10-17. 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 E-L Financial increase its dividend in 2024?
Decisions regarding E-L 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 E-L Financial dividend overview you can look into the above table of dividend history.
How E-L Financial dividend works?
The E-L 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 E-L Financial's dividend process works:

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

1. Record Date: E-L 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, E-L 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: E-L 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 E-L Financial pay dividends?
E-L 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 E-L Financial pay dividends?
The general pattern is that E-L 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 E-L Financial dividend safe?
The safety of E-L 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 E-L 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 E-L 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.