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E-L Financial (TSX:ELF) 3-Year Dividend Growth Rate : 44.20% (As of Dec. 2023)


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What is E-L Financial 3-Year Dividend Growth Rate?

E-L Financial's Dividends per Share for the three months ended in Dec. 2023 was C$3.75.

The historical rank and industry rank for E-L Financial's 3-Year Dividend Growth Rate or its related term are showing as below:

TSX:ELF' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -7.2   Med: 23.25   Max: 115.4
Current: 44.2

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of E-L Financial was 115.40% per year. The lowest was -7.20% per year. And the median was 23.25% per year.

TSX:ELF's 3-Year Dividend Growth Rate is ranked better than
95.87% of 242 companies
in the Insurance industry
Industry Median: 6.2 vs TSX:ELF: 44.20

During the past 12 months, E-L Financial's average Dividends Per Share Growth Rate was 50.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 44.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 26.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 40.70% per year. 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.

E-L Financial's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.02. As of today, E-L Financial's Dividend Yield % is 1.35%.

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


Competitive Comparison of E-L Financial's 3-Year Dividend Growth Rate

For the Insurance - Life subindustry, E-L Financial'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.


E-L Financial's 3-Year Dividend Growth Rate Distribution in the Insurance Industry

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

* The bar in red indicates where E-L Financial's 3-Year Dividend Growth Rate falls into.



E-L Financial 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.


E-L Financial  (TSX:ELF) 3-Year Dividend Growth Rate Explanation

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

E-L Financial's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=3.75/ 159.169
=0.02

During the past 13 years, the highest Dividend Payout Ratio of E-L Financial was 1.26. The lowest was 0.00. And the median was 0.03.

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

E-L Financial Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CAD 3.7502024-03-272024-03-282024-04-17Cash DividendquarterlyCAD:CAD 1.000000
CAD 3.7502023-12-282023-12-292024-01-17Cash DividendquarterlyCAD:CAD 1.000000
CAD 3.7502023-09-282023-09-292023-10-17Cash DividendquarterlyCAD:CAD 1.000000
CAD 3.7502023-06-292023-06-302023-07-17Cash 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.

E-L Financial's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=15/1110.00
=1.35 %

Current Share Price is C$1110.00.
E-L Financial's Dividends per Share for the trailing twelve months (TTM) ended in Today is C$15.

During the past 13 years, the highest Dividend Yield of E-L Financial was 1.62%. The lowest was 0.06%. And the median was 0.62%.

* 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.


E-L Financial 3-Year Dividend Growth Rate Related Terms>


E-L Financial (TSX:ELF) Business Description

Address
165 University Avenue, 10th Floor, Toronto, ON, CAN, M5H 3B8
E-L Financial Corp Ltd operates as an investment and insurance holding company that provides a broad range of wealth management products, individual insurance products, group plans, and financial services to meet the needs of individuals, professionals, and businesses. The firm has two segments; The Empire Life operating segment underwrites life and health insurance policies and provides segregated funds, mutual funds, and annuity products, and the E-L Corporate segment operations include the oversight of investments in equities held through holdings of common shares, investment funds, closed-end investment companies, and other private companies. The firm generates a majority of its revenue from the E-L Corporate segment.