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Sagen MI Canada (TSX:MIC.PR.A.PFD) 3-Year Dividend Growth Rate : 0.00% (As of Mar. 2024)


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What is Sagen MI Canada 3-Year Dividend Growth Rate?

Sagen MI Canada's Dividends per Share for the three months ended in Mar. 2024 was C$0.00.

The historical rank and industry rank for Sagen MI Canada's 3-Year Dividend Growth Rate or its related term are showing as below:

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Sagen MI Canada was 75.50% per year. The lowest was 3.50% per year. And the median was 7.50% per year.

TSX:MIC.PR.A.PFD's 3-Year Dividend Growth Rate is not ranked *
in the Insurance industry.
Industry Median: 6.3
* Ranked among companies with meaningful 3-Year Dividend Growth Rate only.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Sagen MI Canada's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00. As of today, Sagen MI Canada's Dividend Yield % is 7.14%.

Good Sign:

Sagen MI Canada Inc stock dividend yield is close to 3-year high.

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


Competitive Comparison of Sagen MI Canada's 3-Year Dividend Growth Rate

For the Insurance - Specialty subindustry, Sagen MI Canada's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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.


Sagen MI Canada's 3-Year Dividend Growth Rate Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Sagen MI Canada's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Sagen MI Canada's 3-Year Dividend Growth Rate falls into.



Sagen MI Canada 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Sagen MI Canada  (TSX:MIC.PR.A.PFD) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Sagen MI Canada's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ EPS without NRI (Q: Mar. 2024 )
=0/ 0
=N/A

During the past 13 years, the highest Dividend Payout Ratio of Sagen MI Canada was 0.43. The lowest was 0.31. And the median was 0.38.

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

Sagen MI Canada Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CAD 0.3375002024-06-142024-06-142024-06-28Cash DividendquarterlyCAD:CAD 1.000000
CAD 0.3375002024-03-142024-03-152024-03-28Cash DividendquarterlyCAD:CAD 1.000000
CAD 0.3375002023-12-142023-12-152023-12-29Cash DividendquarterlyCAD:CAD 1.000000
CAD 0.3375002023-09-142023-09-152023-09-30Cash 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.

Sagen MI Canada's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.35/18.91
=7.14 %

Current Share Price is C$18.91.
Sagen MI Canada's Dividends per Share for the trailing twelve months (TTM) ended in Today is C$1.35.

During the past 13 years, the highest Dividend Yield of Sagen MI Canada was 7.82%. The lowest was 3.38%. And the median was 4.61%.

Good Sign:

Sagen MI Canada Inc stock dividend yield is close to 3-year high.

* 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.


Sagen MI Canada 3-Year Dividend Growth Rate Related Terms>


Sagen MI Canada (TSX:MIC.PR.A.PFD) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
2060 Winston Park Drive, Suite 300, Oakville, ON, CAN, L6H 5R7
Sagen MI Canada Inc private sector residential mortgage insurer in Canada. The Company provides mortgage default insurance to Canadian residential mortgage lenders, making homeownership more accessible to first-time homebuyers. The company operates exclusively in Canada, with roughly half its policies in Ontario and remaining policies in Alberta, British Columbia, Quebec and Other.

Sagen MI Canada (TSX:MIC.PR.A.PFD) Headlines

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