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Canadian Life Split (TSX:LFE) Dividend Yield % : 4.02% (As of May. 25, 2024)


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What is Canadian Life Split Dividend Yield %?

As of today (2024-05-25), the Trailing Annual Dividend Yield of Canadian Life Split is 4.02%.

Warning Sign:

Canadian Life Companies Split Corp stock dividend yield is close to 3-year low.

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

TSX:LFE' s Dividend Yield % Range Over the Past 10 Years
Min: 1.58   Med: 5.25   Max: 27.11
Current: 4.02

During the past 13 years, the highest Dividend Yield of Canadian Life Split was 27.11%. The lowest was 1.58%. And the median was 5.25%.

TSX:LFE's Dividend Yield % is ranked worse than
67.52% of 1216 companies
in the Asset Management industry
Industry Median: 5.535 vs TSX:LFE: 4.02

Canadian Life Split's Dividend Payout Ratio for the six months ended in Nov. 2022 was 0.00.

During the past 13 years, the highest Dividend Payout Ratio of Canadian Life Split was 95.00. The lowest was 0.06. And the median was 0.10.

As of today (2024-05-25), the Forward Dividend Yield % of Canadian Life Split is 24.10%.

Canadian Life Split's Dividends per Share for the six months ended in Nov. 2022 was C$0.00.

During the past 12 months, Canadian Life Split's average Dividends Per Share Growth Rate was -100.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Canadian Life Split was 91.50% per year. The lowest was -56.30% per year. And the median was 10.70% per year.

The growth rate is calculated with least square regression.

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


Canadian Life Split Dividend Yield % Historical Data

The historical data trend for Canadian Life Split'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.

* Premium members only.

Canadian Life Split Dividend Yield % Chart

Canadian Life Split Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.36 12.45 - 6.76 -

Canadian Life Split Semi-Annual Data
Nov13 May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 Nov23
Dividend Yield % 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 - - 5.52 6.76 -

Competitive Comparison of Canadian Life Split's Dividend Yield %

For the Asset Management subindustry, Canadian Life Split'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.


Canadian Life Split's Dividend Yield % Distribution in the Asset Management Industry

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

* The bar in red indicates where Canadian Life Split's Dividend Yield % falls into.



Canadian Life Split Dividend Yield % Calculation

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

Canadian Life Split Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CAD 0.1000002024-03-272024-03-282024-04-10Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.1000002024-02-282024-02-292024-03-08Cash DividendmonthlyCAD: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.

Canadian Life Split's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.2/4.98
=4.02 %

Current Share Price is C$4.98.
Canadian Life Split's Dividends per Share for the trailing twelve months (TTM) ended in Today is C$0.2.

Canadian Life Split's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.2/4.98
=24.10 %

Current Share Price is C$4.98.
Canadian Life Split's Dividends per Share for the forward twelve months is calculated as C$0.1 * 12 = C$1.2.

* 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.


Canadian Life Split  (TSX:LFE) 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.


Canadian Life Split Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Canadian Life Split's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Canadian Life Split (TSX:LFE) Business Description

Traded in Other Exchanges
Address
200 Front Street West, Suite 2510, P.O. Box 51, Toronto, ON, CAN, M5V 3K2
Canadian Life Companies Split Corp is an investment management firm. The company invests in an actively managed portfolio of common shares comprised of four core large-capitalization Canadian life insurance companies. The firm's objective is to provide holders of Preferred shares with a cumulative preferential floating rate monthly dividend.

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