As of today (2023-09-22), the Trailing Annual Dividend Yield of Automotive Finco is 19.00%.
The historical rank and industry rank for Automotive Finco's Dividend Yield % or its related term are showing as below:
TSXV:AFCC.H'
s Dividend Yield % Range Over the Past 10 Years
Min: 1.04 Med: 11.93 Max: 24.29
Current: 19
During the past 13 years, the highest Dividend Yield of Automotive Finco was 24.29%. The lowest was 1.04%. And the median was 11.93%.
TSXV:AFCC.H's Dividend Yield % is ranked better than 97.74% of 221
companies
in the Credit Services industry
Industry Median: 3.43
vs TSXV:AFCC.H: 19.00
Automotive Finco's Dividend Payout Ratio for the
three
months ended in Jun. 2023 was 0.00.
Warning Sign:
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Automotive Finco Corp is 2.99, which seems too high.
During the past 13 years, the highest Dividend Payout Ratio of Automotive Finco was 2.99. The lowest was 1.37. And the median was 1.37.
Automotive Finco's Dividends per Share for the
three
months ended in Jun. 2023 was C$0.00.
During the past 12 months, Automotive Finco's average Dividends Per Share Growth Rate was -41.70% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Automotive Finco Dividend Yield % Historical Data
The historical data trend for Automotive Finco'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.
Automotive Finco Annual Data
Trend
Feb13
Feb14
Feb15
Feb16
Feb17
Dec18
Dec19
Dec20
Dec21
Dec22
Dividend Yield %
15.66
11.79
13.41
10.06
13.68
Automotive Finco Quarterly Data
Sep18
Dec18
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Dividend Yield %
13.24
13.32
13.68
15.20
21.99
Competitive Comparison
For the Credit Services subindustry, Automotive Finco'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.
Automotive Finco Dividend Yield % Distribution
For the Credit Services industry and Financial Services sector, Automotive Finco's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Automotive Finco's Dividend Yield % falls in comparison to its industry or sector. The grey bar indicates the Dividend Yield %'s extreme value range as defined by GuruFocus.
Automotive Finco Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Automotive Finco Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
CAD 0.017
2023-01-30
2023-01-31
2023-02-28
Cash Dividend
monthly
CAD:CAD 1.000000
CAD 0.017
2022-12-29
2022-12-30
2023-01-31
Cash Dividend
monthly
CAD:CAD 1.000000
CAD 0.017
2022-11-29
2022-11-30
2022-12-30
Cash Dividend
monthly
CAD:CAD 1.000000
CAD 0.017
2022-10-28
2022-10-31
2022-11-30
Cash Dividend
monthly
CAD:CAD 1.000000
CAD 0.017
2022-09-28
2022-09-29
2022-10-31
Cash Dividend
monthly
CAD: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.
Automotive Finco's Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
0.085
/
0.54
=
15.74 %
Current Share Price is C$0.54.
Automotive Finco's Dividends per Share for the trailing twelve months (TTM) ended in Today is C$0.085.
Automotive Finco's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
0.204
/
0.54
=
37.78 %
Current Share Price is C$0.54.
Automotive Finco's Dividends per Share for the forward twelve months is calculated as C$0.017 * 12 = C$0.204.
* 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.
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.
Thank you for viewing the detailed overview of Automotive Finco's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Automotive Finco (TSXV:AFCC.H) Business Description
Automotive Finco Corp p is a finance company focused exclusively on the auto retail sector. The company also pursues other direct investments and financing opportunities across the auto retail sector. Through its investment in Automotive Finance LP, it is engaged in the business of lending and administering investment funds. The Company has only one operating segment: Investment issuer focused on providing debt financing and making other investments in the auto retail sector.
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