ECN Capital Corp. originates, manages, and advises on prime consumer credit portfolios in North America. It operates through Secured Consumer Loans - Triad Financial Services and Source One; and Consumer Credit Card and Related Unsecured Consumer Loans - KG segments. The company provides secured consumer loan portfolios, including manufactured home, marine, and recreational vehicle loans; and consumer credit card portfolios that are focused on co-branded credit cards and related financial products. It serves banks, credit unions, life insurance companies, and pension and investment funds. The company was incorporated in 2016 and is headquartered in Toronto, Canada.
ECN Capital Dividend Announcement
• ECN Capital announced a quarterly dividend of $0.01 per ordinary share which will be made payable on 2024-10-01. Ex dividend date: 2024-09-13
• ECN Capital annual dividend for 2024 was $0.02
• ECN Capital annual dividend for 2023 was $0.03
• ECN Capital's trailing twelve-month (TTM) dividend yield is 2.31%
• ECN Capital's payout ratio for the trailing twelve months (TTM) is -25.98%
ECN Capital Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-13 | $0.01 | quarterly | 2024-10-01 |
2024-06-14 | $0.01 | quarterly | 2024-07-02 |
2024-04-08 | $0.01 | quarterly | |
2023-12-14 | $0.01 | quarterly | 2024-01-02 |
2023-09-14 | $0.01 | quarterly | 2023-10-02 |
2023-06-14 | $0.01 | quarterly | 2023-06-30 |
2023-04-06 | $0.01 | quarterly | 2023-04-20 |
2022-12-14 | $0.01 | quarterly | 2022-12-30 |
2022-09-14 | $0.01 | quarterly | 2022-10-03 |
2022-06-14 | $0.01 | quarterly | 2022-06-30 |
2021-12-23 | $5.84 | quarterly | |
2021-09-14 | $0.02 | quarterly | 2021-09-30 |
2021-06-14 | $0.02 | quarterly | 2021-06-30 |
2021-03-12 | $0.02 | quarterly | 2021-03-31 |
ECN Capital Dividend per year
ECN Capital Dividend growth
ECN Capital Dividend Yield
ECN Capital current trailing twelve-month (TTM) dividend yield is 2.31%. Interested in purchasing ECN Capital stock? Use our calculator to estimate your expected dividend yield:
ECN Capital Financial Ratios
ECN Capital Dividend FAQ
Other factors to consider when evaluating ECN Capital 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.
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1. Determination of Dividend: ECN Capital'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, ECN Capital 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, ECN Capital 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 ECN Capital 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: ECN Capital 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, ECN Capital distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: ECN Capital 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 ECN Capital'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 ECN Capital'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.