Element Fleet Management Corp. operates as a fleet management company primarily in Canada, the United States, Mexico, Australia, and New Zealand. The company offers fleet management services comprising vehicle acquisition, financing, program management, and remarketing services to corporate, commercial, government, and public service vehicle fleets. It serves construction, energy, oil and gas, food and beverage, healthcare, services, transportation, and utility industries. Element Fleet Management Corp. is headquartered in Toronto, Canada.
Element Fleet Management Dividend Announcement
• Element Fleet Management announced a quarterly dividend of $0.09 per ordinary share which will be made payable on 2024-10-15. Ex dividend date: 2024-09-27
• Element Fleet Management annual dividend for 2024 was $0.26
• Element Fleet Management annual dividend for 2023 was $0.31
• Element Fleet Management's trailing twelve-month (TTM) dividend yield is 1.72%
• Element Fleet Management's payout ratio for the trailing twelve months (TTM) is 42.23%
• Element Fleet Management's dividend growth over the last five years (2018-2023) was 8.89% year
Element Fleet Management Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-27 | $0.09 | quarterly | 2024-10-15 |
2024-06-28 | $0.09 | quarterly | 2024-07-15 |
2024-03-27 | $0.09 | quarterly | 2024-04-15 |
2023-12-28 | $0.09 | quarterly | 2024-01-15 |
2023-09-28 | $0.07 | quarterly | 2023-10-13 |
2023-06-29 | $0.08 | quarterly | 2023-07-14 |
2023-03-30 | $0.07 | quarterly | 2023-04-14 |
2022-12-29 | $0.07 | quarterly | 2023-01-13 |
2022-09-28 | $0.06 | quarterly | 2022-10-14 |
2022-06-29 | $0.06 | quarterly | 2022-07-15 |
2022-03-30 | $0.06 | quarterly | 2022-04-15 |
2021-12-30 | $0.06 | quarterly | 2022-01-14 |
2021-09-28 | $0.05 | quarterly | 2021-10-15 |
2021-06-29 | $0.05 | quarterly | 2021-07-15 |
2021-03-30 | $0.05 | quarterly | 2021-04-15 |
2020-12-30 | $0.05 | quarterly | 2021-01-15 |
2020-09-29 | $0.03 | quarterly | 2020-10-15 |
2020-06-29 | $0.03 | quarterly | 2020-07-15 |
2020-03-30 | $0.03 | quarterly | 2020-04-15 |
2019-12-30 | $0.03 | quarterly | 2020-01-15 |
2019-09-27 | $0.03 | quarterly | 2019-10-15 |
2019-06-27 | $0.03 | quarterly | 2019-07-15 |
2019-03-28 | $0.04 | quarterly | 2019-04-15 |
2018-12-28 | $0.03 | quarterly | 2019-01-15 |
2018-09-27 | $0.06 | quarterly | 2018-10-15 |
2018-06-28 | $0.06 | quarterly | 2018-07-13 |
2018-03-28 | $0.06 | quarterly | 2018-04-13 |
2017-12-28 | $0.06 | quarterly | 2018-01-15 |
2017-09-28 | $0.06 | quarterly | 2017-10-16 |
2017-06-28 | $0.06 | quarterly | 2017-07-14 |
2017-03-29 | $0.06 | quarterly | 2017-04-13 |
2016-12-28 | $0.02 | quarterly | |
2016-09-28 | $0.02 | quarterly | |
2016-06-28 | $0.02 | quarterly | |
2016-03-29 | $0.02 | quarterly | |
2015-12-29 | $0.02 | quarterly |
Element Fleet Management Dividend per year
Element Fleet Management Dividend growth
Element Fleet Management Dividend Yield
Element Fleet Management current trailing twelve-month (TTM) dividend yield is 1.72%. Interested in purchasing Element Fleet Management stock? Use our calculator to estimate your expected dividend yield:
Element Fleet Management Financial Ratios
Element Fleet Management Dividend FAQ
Other factors to consider when evaluating Element Fleet Management 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 Element Fleet Management 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: Element Fleet Management'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, Element Fleet Management 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, Element Fleet Management 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 Element Fleet Management 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: Element Fleet Management 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, Element Fleet Management distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Element Fleet Management 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 Element Fleet Management'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 Element Fleet Management'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.