GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Dividend 15 Split Corp (TSX:DFN) » Definitions » Forward Dividend Yield %

Dividend 15 Split (TSX:DFN) Forward Dividend Yield % : 22.35% (As of May. 10, 2024)


View and export this data going back to 2004. Start your Free Trial

What is Dividend 15 Split Forward Dividend Yield %?

As of today (2024-05-10), the Forward Annual Dividend Yield of Dividend 15 Split is 22.35%.

As of today (2024-05-10), the Trailing Annual Dividend Yield of Dividend 15 Split is 18.62%.

TSX:DFN's Forward Dividend Yield % is ranked better than
98.67% of 1205 companies
in the Asset Management industry
Industry Median: 5.75 vs TSX:DFN: 22.35

Dividend 15 Split's Dividends per Share for the six months ended in Nov. 2023 was C$0.20.

During the past 12 months, Dividend 15 Split's average Dividends Per Share Growth Rate was -33.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -4.50% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -2.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Dividend 15 Split was 1.40% per year. The lowest was -11.40% per year. And the median was -3.40% per year.

The growth rate is calculated with least square regression.

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


Competitive Comparison of Dividend 15 Split's Forward Dividend Yield %

For the Asset Management subindustry, Dividend 15 Split's Forward Dividend Yield %, along with its competitors' market caps and Forward 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.


Dividend 15 Split's Forward Dividend Yield % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Dividend 15 Split's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Dividend 15 Split's Forward Dividend Yield % falls into.



Dividend 15 Split Forward Dividend Yield % Calculation

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

Dividend 15 Split Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CAD 0.1000002024-04-292024-04-302024-05-10Cash DividendmonthlyCAD:CAD 1.000000
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
CAD 0.1000002024-01-302024-01-312024-02-09Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.1000002023-12-282023-12-292024-01-10Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.1000002023-07-282023-07-312023-08-10Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.1000002023-06-292023-06-302023-07-10Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.1000002023-05-302023-05-312023-06-09Cash 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.

Dividend 15 Split's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.2/5.37
=22.35 %

Current Share Price is C$5.37.
Dividend 15 Split's Dividends per Share for the forward twelve months is calculated as C$0.1 * 12 = C$1.2.

Dividend 15 Split's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.8/5.37
=14.90 %

Current Share Price is C$5.37.
Dividend 15 Split's Dividends per Share for the trailing twelve months (TTM) ended in Today is C$0.8.

* 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.


Dividend 15 Split  (TSX:DFN) Forward 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.


Dividend 15 Split Forward Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Dividend 15 Split's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Dividend 15 Split (TSX:DFN) Business Description

Traded in Other Exchanges
Address
200 Front Street West, Suite 2510, Toronto, ON, CAN, M5V 3K2
Dividend 15 Split Corp is a Canadian mutual fund corporation. It aims to pay monthly cash dividends. The company invests in a portfolio of dividend-yielding, high-quality Canadian companies. It offers two types of shares i.e. class A shares and preferred shares. The company's investment objectives are to provide holders of preferred shares with fixed cumulative preferential monthly cash dividends as well as to provide holders of Class A shares with regular monthly cash distribution.

Dividend 15 Split (TSX:DFN) Headlines

No Headlines