Exchange Income Corporation engages in aerospace and aviation services and equipment, and manufacturing businesses worldwide. It operates in two segments, Aerospace & Aviation, and Manufacturing. The Aerospace & Aviation segment offers scheduled airline, cargo, charter, and emergency medical services to communities located in Manitoba, Ontario, Nunavut, British Columbia, and Alberta, as well as Newfoundland and Labrador, Québec, New Brunswick, and Nova Scotia. It also provides after-market aircraft, engines, and component parts to regional airline operators; designs, modifies, maintains, and operates custom sensor-equipped aircraft; and offers maritime surveillance and support services in Canada, the Caribbean, and the Middle East. In addition, this segment provides pilot flight training services. The Manufacturing segment manufactures window wall systems primarily used in high-rise multi-family residential projects; stainless steel tanks, vessels, and processing equipment; heavy-duty pressure washing and steam systems, commercial water recycling systems, and custom tanks for the transportation of various products, primarily oil, gasoline, and water products; precision parts and components primarily used in the aerospace, defense, healthcare, and security sectors; electrical and control systems integrator focused on the agricultural material handling; and precision sheet metal and tubular products. This segment also focuses on the engineering, design, manufacture, and construction of communication infrastructure, as well as wireless and wireline construction and maintenance services; and provision of technical services. Exchange Income Corporation is headquartered in Winnipeg, Canada.
Exchange Income Dividend Announcement
• Exchange Income announced a monthly dividend of C$0.22 per ordinary share which will be made payable on 2024-12-13. Ex dividend date: 2024-11-29
• Exchange Income annual dividend for 2024 was C$2.42
• Exchange Income annual dividend for 2023 was C$2.54
• Exchange Income's trailing twelve-month (TTM) dividend yield is 4.75%
• Exchange Income's payout ratio for the trailing twelve months (TTM) is 101.94%
• Exchange Income's dividend growth over the last five years (2018-2023) was 3.15% year
• Exchange Income's dividend growth over the last ten years (2013-2023) was 4.22% year
Exchange Income Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-29 | C$0.22 | monthly | 2024-12-13 |
2024-10-31 | C$0.22 | monthly | 2024-11-15 |
2024-09-27 | C$0.22 | monthly | 2024-10-15 |
2024-08-30 | C$0.22 | monthly | 2024-09-13 |
2024-07-31 | C$0.22 | monthly | 2024-08-15 |
2024-06-28 | C$0.22 | monthly | 2024-07-15 |
2024-05-31 | C$0.22 | monthly | 2024-06-14 |
2024-04-29 | C$0.22 | monthly | 2024-05-15 |
2024-03-27 | C$0.22 | monthly | |
2024-02-28 | C$0.22 | monthly | 2024-03-15 |
2024-01-30 | C$0.22 | monthly | 2024-02-15 |
2023-12-28 | C$0.22 | monthly | 2024-01-15 |
2023-11-29 | C$0.22 | monthly | 2023-12-15 |
2023-10-30 | C$0.21 | monthly | 2023-11-15 |
2023-09-28 | C$0.21 | monthly | 2023-10-13 |
2023-08-30 | C$0.21 | monthly | 2023-09-15 |
2023-07-28 | C$0.21 | monthly | 2023-08-15 |
2023-06-29 | C$0.21 | monthly | 2023-07-14 |
2023-05-30 | C$0.21 | monthly | 2023-06-15 |
2023-04-27 | C$0.21 | monthly | 2023-05-15 |
2023-03-30 | C$0.21 | monthly | 2023-04-14 |
2023-02-27 | C$0.21 | monthly | 2023-03-15 |
2023-01-30 | C$0.21 | monthly | 2023-02-15 |
2022-12-29 | C$0.21 | monthly | 2023-01-13 |
2022-11-29 | C$0.21 | monthly | 2022-12-15 |
2022-10-28 | C$0.21 | monthly | 2022-11-15 |
2022-09-28 | C$0.21 | monthly | 2022-10-14 |
2022-08-30 | C$0.21 | monthly | 2022-09-15 |
2022-07-28 | C$0.20 | monthly | 2022-08-15 |
2022-06-29 | C$0.20 | monthly | 2022-07-15 |
2022-05-30 | C$0.20 | monthly | 2022-06-15 |
2022-04-28 | C$0.19 | monthly | 2022-05-13 |
2022-03-30 | C$0.19 | monthly | 2022-04-14 |
2022-02-25 | C$0.19 | monthly | 2022-03-15 |
2022-01-28 | C$0.19 | monthly | 2022-02-15 |
2021-12-30 | C$0.19 | monthly | 2022-01-14 |
2021-11-29 | C$0.19 | monthly | 2021-12-15 |
2021-10-28 | C$0.19 | monthly | 2021-11-15 |
2021-09-28 | C$0.19 | monthly | 2021-10-15 |
2021-08-30 | C$0.19 | monthly | 2021-09-15 |
2021-07-29 | C$0.19 | monthly | 2021-08-13 |
2021-06-29 | C$0.19 | monthly | 2021-07-15 |
2021-05-28 | C$0.19 | monthly | 2021-06-15 |
2021-04-29 | C$0.19 | monthly | 2021-05-14 |
2021-03-30 | C$0.19 | monthly | 2021-04-15 |
2021-02-25 | C$0.19 | monthly | 2021-03-15 |
2021-01-28 | C$0.19 | monthly | 2021-02-15 |
2020-12-30 | C$0.19 | monthly | 2021-01-15 |
2020-11-27 | C$0.19 | monthly | 2020-12-15 |
2020-10-29 | C$0.19 | monthly | 2020-11-13 |
2020-09-29 | C$0.19 | monthly | 2020-10-15 |
2020-08-28 | C$0.19 | monthly | 2020-09-15 |
2020-07-30 | C$0.19 | monthly | 2020-08-14 |
2020-06-29 | C$0.19 | monthly | 2020-07-15 |
2020-05-28 | C$0.19 | monthly | 2020-06-15 |
2020-04-29 | C$0.19 | monthly | 2020-05-15 |
2020-03-30 | C$0.19 | monthly | 2020-04-15 |
2020-02-27 | C$0.19 | monthly | 2020-03-13 |
2019-12-30 | C$0.19 | monthly | 2020-01-15 |
2019-11-28 | C$0.19 | monthly | 2019-12-13 |
2019-10-30 | C$0.19 | monthly | 2019-11-15 |
2019-09-27 | C$0.19 | monthly | 2019-10-15 |
2019-08-29 | C$0.19 | monthly | 2019-09-13 |
2019-07-30 | C$0.18 | monthly | 2019-08-15 |
2019-06-27 | C$0.18 | monthly | 2019-07-15 |
2019-05-30 | C$0.18 | monthly | 2019-06-14 |
2019-04-29 | C$0.18 | monthly | 2019-05-15 |
2019-03-28 | C$0.18 | monthly | 2019-04-15 |
2019-02-27 | C$0.18 | monthly | 2019-03-15 |
2019-01-30 | C$0.18 | monthly | 2019-02-15 |
2018-12-28 | C$0.18 | monthly | 2019-01-15 |
2018-11-29 | C$0.18 | monthly | 2018-12-14 |
2018-10-30 | C$0.18 | monthly | 2018-11-15 |
2018-09-27 | C$0.18 | monthly | 2018-10-15 |
2018-08-30 | C$0.18 | monthly | 2018-09-14 |
2018-07-30 | C$0.18 | monthly | 2018-08-15 |
2018-06-28 | C$0.18 | monthly | 2018-07-13 |
2018-05-30 | C$0.18 | monthly | 2018-06-15 |
2018-04-27 | C$0.18 | monthly | 2018-05-15 |
2018-03-28 | C$0.18 | monthly | 2018-04-13 |
2018-02-27 | C$0.17 | monthly | 2018-03-15 |
2018-01-30 | C$0.17 | monthly | 2018-02-15 |
2017-12-28 | C$0.17 | monthly | 2018-01-15 |
2017-11-29 | C$0.17 | monthly | 2017-12-15 |
2017-10-30 | C$0.17 | monthly | 2017-11-15 |
2017-09-28 | C$0.17 | monthly | 2017-10-13 |
2017-08-29 | C$0.17 | monthly | 2017-09-15 |
2017-07-27 | C$0.17 | monthly | 2017-08-15 |
2017-06-28 | C$0.17 | monthly | 2017-07-14 |
2017-05-29 | C$0.17 | monthly | 2017-06-15 |
2017-04-26 | C$0.17 | monthly | 2017-05-15 |
2017-03-29 | C$0.17 | monthly | 2017-04-13 |
2017-02-24 | C$0.17 | monthly | 2017-03-15 |
2017-01-27 | C$0.17 | monthly | 2017-02-15 |
2016-12-28 | C$0.17 | monthly | 2017-01-13 |
2016-11-28 | C$0.17 | monthly | 2016-12-15 |
2016-10-27 | C$0.17 | monthly | 2016-11-15 |
2016-09-28 | C$0.17 | monthly | 2016-10-14 |
2016-08-29 | C$0.17 | monthly | 2016-09-15 |
2016-07-27 | C$0.17 | monthly | 2016-08-15 |
2016-06-28 | C$0.17 | monthly | 2016-07-15 |
2016-05-27 | C$0.17 | monthly | 2016-06-15 |
2016-04-27 | C$0.16 | monthly | 2016-05-13 |
2016-03-29 | C$0.16 | monthly | 2016-04-15 |
2016-02-25 | C$0.16 | monthly | 2016-03-15 |
2016-01-27 | C$0.16 | monthly | 2016-02-12 |
2015-12-29 | C$0.16 | monthly | 2016-01-15 |
2015-11-26 | C$0.16 | monthly | 2015-12-15 |
2015-10-28 | C$0.16 | monthly | 2015-11-13 |
2015-09-28 | C$0.16 | monthly | 2015-10-15 |
2015-08-27 | C$0.16 | monthly | 2015-09-15 |
2015-07-29 | C$0.14 | monthly | 2015-08-14 |
2015-06-26 | C$0.14 | monthly | 2015-07-15 |
2015-05-27 | C$0.14 | monthly | 2015-06-15 |
2015-04-28 | C$0.14 | monthly | 2015-05-15 |
2015-03-27 | C$0.14 | monthly | 2015-04-15 |
2015-02-25 | C$0.14 | monthly | 2015-03-13 |
2015-01-28 | C$0.14 | monthly | 2015-02-13 |
2014-12-29 | C$0.14 | monthly | 2015-01-15 |
2014-11-26 | C$0.14 | monthly | 2014-12-15 |
2014-10-29 | C$0.14 | monthly | 2014-11-14 |
2014-09-26 | C$0.14 | monthly | 2014-10-15 |
2014-08-27 | C$0.14 | monthly | 2014-09-15 |
2014-07-29 | C$0.14 | monthly | 2014-08-15 |
2014-06-26 | C$0.14 | monthly | 2014-07-15 |
2014-05-28 | C$0.14 | monthly | 2014-06-13 |
2014-04-28 | C$0.14 | monthly | 2014-05-15 |
2014-03-27 | C$0.14 | monthly | 2014-04-15 |
2014-02-26 | C$0.14 | monthly | 2014-03-14 |
2014-01-29 | C$0.14 | monthly | 2014-02-14 |
2013-12-27 | C$0.14 | monthly | 2014-01-15 |
2013-11-27 | C$0.14 | monthly | 2013-12-13 |
2013-10-29 | C$0.14 | monthly | 2013-11-15 |
2013-09-26 | C$0.14 | monthly | 2013-10-15 |
2013-08-28 | C$0.14 | monthly | 2013-09-13 |
2013-07-29 | C$0.14 | monthly | 2013-08-15 |
2013-06-26 | C$0.14 | monthly | 2013-07-15 |
2013-05-29 | C$0.14 | monthly | 2013-06-14 |
2013-04-26 | C$0.14 | monthly | 2013-05-15 |
2013-03-26 | C$0.14 | monthly | 2013-04-15 |
2013-02-26 | C$0.14 | monthly | 2013-03-15 |
2013-01-29 | C$0.14 | monthly | 2013-02-15 |
Exchange Income Dividend per year
Exchange Income Dividend growth
Exchange Income Dividend Yield
Exchange Income current trailing twelve-month (TTM) dividend yield is 4.75%. Interested in purchasing Exchange Income stock? Use our calculator to estimate your expected dividend yield:
Exchange Income Financial Ratios
Exchange Income Dividend FAQ
Other factors to consider when evaluating Exchange Income 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 Exchange Income 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: Exchange Income'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, Exchange Income 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, Exchange Income 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 Exchange Income 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: Exchange Income 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, Exchange Income distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Exchange Income 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 Exchange Income'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 Exchange Income'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.