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Premiumome (TSX:PIC.A) Forward Dividend Yield % : 19.68% (As of Apr. 27, 2024)


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What is Premiumome Forward Dividend Yield %?

As of today (2024-04-27), the Forward Annual Dividend Yield of Premiumome is 19.68%.

As of today (2024-04-27), the Trailing Annual Dividend Yield of Premiumome is 19.68%.

TSX:PIC.A's Forward Dividend Yield % is ranked better than
98.42% of 1205 companies
in the Asset Management industry
Industry Median: 5.91 vs TSX:PIC.A: 19.68

Premiumome's Dividends per Share for the six months ended in Oct. 2023 was C$0.41.

During the past 3 years, the average Dividends Per Share Growth Rate was 17.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 1.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -1.10% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Premiumome was 75.70% per year. The lowest was -35.10% per year. And the median was -8.15% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Premiumome's Forward Dividend Yield %

For the Asset Management subindustry, Premiumome's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Premiumome's Forward Dividend Yield % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Premiumome's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Premiumome's Forward Dividend Yield % falls into.



Premiumome Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Premiumome Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CAD 0.2032024-04-122024-04-152024-04-30Cash DividendquarterlyCAD:CAD 1.000000
CAD 0.2032024-01-122024-01-152024-01-31Cash DividendquarterlyCAD:CAD 1.000000
CAD 0.2032023-10-122023-10-132023-10-31Cash DividendquarterlyCAD:CAD 1.000000
CAD 0.2032023-07-132023-07-142023-07-31Cash DividendquarterlyCAD:CAD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Premiumome's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.812/4.13
=19.66 %

Current Share Price is C$4.13.
Premiumome's Dividends per Share for the forward twelve months is calculated as C$0.203 * 4 = C$0.812.

Premiumome's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.812/4.13
=19.66 %

Current Share Price is C$4.13.
Premiumome's Dividends per Share for the trailing twelve months (TTM) ended in Today is C$0.812.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Premiumome  (TSX:PIC.A) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Premiumome Forward Dividend Yield % Related Terms

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Premiumome (TSX:PIC.A) Business Description

Traded in Other Exchanges
Address
121 King Street West, Suite 2600, P.O. Box 113, Standard Life Centre, Toronto, ON, CAN, M5H 3T9
Premium Income Corp is a mutual fund corporation. The investment objective is to provide Preferred shareholders with cumulative preferential quarterly cash distributions to provide Class A shareholders with quarterly cash distributions and return the original issue price to holders of both Preferred shares and Class A shares upon windup of the Fund. The fund mainly invests in common shares of the Bank of Montreal, The Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada and The Toronto-Dominion Bank and common shares of National Bank of Canada.

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