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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 dateDividend amountDividend typePay date
2024-09-27$0.09quarterly2024-10-15
2024-06-28$0.09quarterly2024-07-15
2024-03-27$0.09quarterly2024-04-15
2023-12-28$0.09quarterly2024-01-15
2023-09-28$0.07quarterly2023-10-13
2023-06-29$0.08quarterly2023-07-14
2023-03-30$0.07quarterly2023-04-14
2022-12-29$0.07quarterly2023-01-13
2022-09-28$0.06quarterly2022-10-14
2022-06-29$0.06quarterly2022-07-15
2022-03-30$0.06quarterly2022-04-15
2021-12-30$0.06quarterly2022-01-14
2021-09-28$0.05quarterly2021-10-15
2021-06-29$0.05quarterly2021-07-15
2021-03-30$0.05quarterly2021-04-15
2020-12-30$0.05quarterly2021-01-15
2020-09-29$0.03quarterly2020-10-15
2020-06-29$0.03quarterly2020-07-15
2020-03-30$0.03quarterly2020-04-15
2019-12-30$0.03quarterly2020-01-15
2019-09-27$0.03quarterly2019-10-15
2019-06-27$0.03quarterly2019-07-15
2019-03-28$0.04quarterly2019-04-15
2018-12-28$0.03quarterly2019-01-15
2018-09-27$0.06quarterly2018-10-15
2018-06-28$0.06quarterly2018-07-13
2018-03-28$0.06quarterly2018-04-13
2017-12-28$0.06quarterly2018-01-15
2017-09-28$0.06quarterly2017-10-16
2017-06-28$0.06quarterly2017-07-14
2017-03-29$0.06quarterly2017-04-13
2016-12-28$0.02quarterly
2016-09-28$0.02quarterly
2016-06-28$0.02quarterly
2016-03-29$0.02quarterly
2015-12-29$0.02quarterly

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

P/E ratio24.74
PEG ratio-0.09
P/B ratio2.82
ROE12.26%
Payout ratio42.23%
Current ratio7.64
Quick ratio-0.00
Cash Ratio0.44

Element Fleet Management Dividend FAQ

How much is the next Element Fleet Management dividend?
Element Fleet Management's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Element Fleet Management dividend. The next Element Fleet Management dividend will be released in March, June, September, or December.
When is Element Fleet Management dividend paid?
Element Fleet Management 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 Element Fleet Management pay?
The specific amount of Element Fleet Management 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 Element Fleet Management's dividend history.
Does Element Fleet Management stock pay dividends?
Yes, Element Fleet Management 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 Element Fleet Management's dividend history.
How much dividend does Element Fleet Management pay?
Element Fleet Management paid $0.265 in 2024, $0.314 in 2023, $0.252 in 2022, $0.217 in 2021, and $0.149 in 2020.
How often does Element Fleet Management pay dividends?
Element Fleet Management 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 Element Fleet Management's dividend yield?
The current dividend yield for Element Fleet Management is 1.72%. 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 Element Fleet Management's exact dividend yield.
When does Element Fleet Management go ex dividend?
Element Fleet Management's ex-dividend date for the latest dividend was on 2024-09-27. Element Fleet Management 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 Element Fleet Management dividend paid?
Element Fleet Management pays dividends on a quarterly basis, typically around March, June, September, or December, but the exact dates can vary each year.
Will Element Fleet Management 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 Element Fleet Management 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 Element Fleet Management dividend per share?
Element Fleet Management paid $0.265 per share in 2024 and $0.314 per share in 2023. The amount of dividend per share that Element Fleet Management 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 Element Fleet Management 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 Element Fleet Management 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 Element Fleet Management a dividend stock?
Yes, Element Fleet Management is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Element Fleet Management a good dividend stock?
Whether Element Fleet Management is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Element Fleet Management has a history of paying regular dividends, which can make it attractive to income-focused investors.

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.
Does Element Fleet Management pay dividends monthly?
Element Fleet Management typically pays dividends on a quarterly basis.
Does Element Fleet Management pay dividends quarterly?
Element Fleet Management currently pays dividends on a quarterly basis.
Has Element Fleet Management ever paid a dividend?
Yes, Element Fleet Management has a history of paying dividends to its shareholders. Element Fleet Management is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Element Fleet Management dividend stocks?
To buy Element Fleet Management 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 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.
When does Element Fleet Management pay dividends 2024?
Element Fleet Management pays dividends on a quarterly basis. 2024 dividend payments are in 2024-10-15. 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 Element Fleet Management increase its dividend in 2024?
Decisions regarding Element Fleet Management 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 Element Fleet Management dividend overview you can look into the above table of dividend history.
How Element Fleet Management dividend works?
The Element Fleet Management 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 Element Fleet Management's dividend process works:

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.
How are Element Fleet Management dividends paid?
Element Fleet Management dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

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.
How many times does Element Fleet Management pay dividends?
Element Fleet Management 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 Element Fleet Management pay dividends?
The general pattern is that Element Fleet Management 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 Element Fleet Management dividend safe?
The safety of Element Fleet Management'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 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.