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IGM Financial (TSX:IGM.PR.B.PFD) Dividend Yield % : 5.90% (As of Dec. 14, 2024)


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What is IGM Financial Dividend Yield %?

As of today (2024-12-14), the Trailing Annual Dividend Yield of IGM Financial is 5.90%.

The historical rank and industry rank for IGM Financial's Dividend Yield % or its related term are showing as below:

TSX:IGM.PR.B.PFD' s Dividend Yield % Range Over the Past 10 Years
Min: 4.2   Med: 5.75   Max: 10.18
Current: 5.9

During the past 13 years, the highest Dividend Yield of IGM Financial was 10.18%. The lowest was 4.20%. And the median was 5.75%.

TSX:IGM.PR.B.PFD's Dividend Yield % is ranked worse than
61.82% of 1184 companies
in the Asset Management industry
Industry Median: 5.76 vs TSX:IGM.PR.B.PFD: 5.90

IGM Financial's Dividend Payout Ratio for the three months ended in Sep. 2024 was 0.00.

During the past 13 years, the highest Dividend Payout Ratio of IGM Financial was 0.73. The lowest was 0.46. And the median was 0.70.

As of today (2024-12-14), the Forward Dividend Yield % of IGM Financial is 5.90%.

IGM Financial's Dividends per Share for the three months ended in Sep. 2024 was C$0.00.

During the past 12 months, IGM Financial's average Dividends Per Share Growth Rate was 33.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -9.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -4.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -1.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of IGM Financial was 17.50% per year. The lowest was -18.80% per year. And the median was 4.90% 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.


IGM Financial Dividend Yield % Historical Data

The historical data trend for IGM Financial's Dividend Yield % 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.

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IGM Financial Dividend Yield % Chart

IGM Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
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IGM Financial Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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Competitive Comparison of IGM Financial's Dividend Yield %

For the Asset Management subindustry, IGM Financial's Dividend Yield %, along with its competitors' market caps and 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.


IGM Financial's Dividend Yield % Distribution in the Asset Management Industry

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

* The bar in red indicates where IGM Financial's Dividend Yield % falls into.



IGM Financial Dividend Yield % Calculation

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


IGM Financial  (TSX:IGM.PR.B.PFD) 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.


IGM Financial Dividend Yield % Related Terms

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IGM Financial Business Description

Traded in Other Exchanges
Address
447 Portage Avenue, Winnipeg, MB, CAN, R3B 3H5
IGM Financial is the largest non-bank-affiliated asset manager in Canada. The firm is part of the Power Financial group of companies, which holds a 62% equity stake in IGM Financial as well as stakes in Great-West Life, London Life, and Canada Life. IGM has two main operating divisions—asset management (operated through Mackenzie Investments) and wealth management (via its IG Wealth Management subsidiary)—that provide investment management products and services. At the end of October 2024, IGM Financial had CAD 249.1 billion in AUM (including CAD 83.1 billion in AUM that was being managed for its IG Wealth Management arm) at Mackenzie Investments, CAD 120.9 billion in assets under advisement at its IG Wealth Management subsidiary, and CAD 15.6 billion in other AUA.

IGM Financial Headlines

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