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goeasy (TSX:GSY) Dividend Payout Ratio : 0.12 (As of Sep. 2024)


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What is goeasy Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. goeasy's Dividend Payout Ratio for the months ended in Sep. 2024 was 0.12.

The historical rank and industry rank for goeasy's Dividend Payout Ratio or its related term are showing as below:

TSX:GSY' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.1   Med: 0.12   Max: 0.17
Current: 0.13


During the past 13 years, the highest Dividend Payout Ratio of goeasy was 0.17. The lowest was 0.10. And the median was 0.12.

TSX:GSY's Dividend Payout Ratio is ranked better than
81.28% of 187 companies
in the Credit Services industry
Industry Median: 0.33 vs TSX:GSY: 0.13

As of today (2024-12-15), the Dividend Yield % of goeasy is 2.76%.

During the past 13 years, the highest Trailing Annual Dividend Yield of goeasy was 4.59%. The lowest was 1.02%. And the median was 2.07%.

goeasy's Dividends per Share for the months ended in Sep. 2024 was C$1.17.

During the past 12 months, goeasy's average Dividends Per Share Growth Rate was 17.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 28.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 36.40% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 31.80% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of goeasy was 51.80% per year. The lowest was 5.60% per year. And the median was 28.70% per year.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


goeasy Dividend Payout Ratio Historical Data

The historical data trend for goeasy's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

goeasy Dividend Payout Ratio Chart

goeasy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.11 0.12 0.11 0.17 0.13

goeasy Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.12 0.12 0.15 0.14 0.12

Competitive Comparison of goeasy's Dividend Payout Ratio

For the Credit Services subindustry, goeasy's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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.


goeasy's Dividend Payout Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, goeasy's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where goeasy's Dividend Payout Ratio falls into.



goeasy Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

goeasy's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2023 )/ EPS without NRI (A: Dec. 2023 )
=3.84/ 29.164
=0.13

goeasy's Dividend Payout Ratio for the quarter that ended in Sep. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Sep. 2024 )/ EPS without NRI (Q: Sep. 2024 )
=1.17/ 9.976
=0.12

* 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.


goeasy (TSX:GSY) Dividend Payout Ratio Explanation

In dividends investing, Dividend 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.


goeasy Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of goeasy's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


goeasy Business Description

Traded in Other Exchanges
Address
33 City Centre Drive, Suite 510, Mississauga, ON, CAN, L5B 2N5
goeasy Ltd is a financial services company. The principal operating activities of the Company include: providing loans and other financial services to consumers and leasing household products to consumers. Customers can transact seamlessly through an omnichannel model that includes online and mobile platforms. The Company operates in two reportable segments: easyfinancial and easyhome. The easyfinancial reportable segment lends out capital in the form of unsecured and secured consumer loans to nonprime borrowers. easyfinancial's product offering consists of unsecured and real estate-secured installment loans. The key revenue of the company is generated from easyfinancial.
Executives
Patrick Ryan Doris Ens Senior Officer
Michael Anthony Eubanks Senior Officer
Andrea Fiederer Senior Officer
Jason Mullins Senior Officer
Sean Morrison Director
David Ingram Director, Senior Officer
Jason Appel Senior Officer
Mark John Schell Senior Officer
Donald Kenneth Johnson 10% Security Holder, Director
Jonathan Tétrault Director
Mir Farhan Ali Khan Senior Officer
David Harry Appel Director
Jacqueline Foo Senior Officer
Courtenay Andrew Ames Plaunt Senior Officer
Sabrina Anzini Senior Officer

goeasy Headlines

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