GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Olympia Financial Group Inc (TSX:OLY) » Definitions » Forward Dividend Yield %

Olympia Financial Group (TSX:OLY) Forward Dividend Yield % : 6.55% (As of May. 10, 2024)


View and export this data going back to 2006. Start your Free Trial

What is Olympia Financial Group Forward Dividend Yield %?

As of today (2024-05-10), the Forward Annual Dividend Yield of Olympia Financial Group is 6.55%.

As of today (2024-05-10), the Trailing Annual Dividend Yield of Olympia Financial Group is 6.00%.

TSX:OLY's Forward Dividend Yield % is ranked better than
56.35% of 1205 companies
in the Asset Management industry
Industry Median: 5.75 vs TSX:OLY: 6.55

Olympia Financial Group's Dividends per Share for the three months ended in Sep. 2023 was C$1.65.

During the past 12 months, Olympia Financial Group's average Dividends Per Share Growth Rate was 74.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 6.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 8.80% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 0.80% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Olympia Financial Group was 108.00% per year. The lowest was -7.80% per year. And the median was 6.60% 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 Olympia Financial Group's Forward Dividend Yield %

For the Asset Management subindustry, Olympia Financial Group'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.


Olympia Financial Group's Forward Dividend Yield % Distribution in the Asset Management Industry

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

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



Olympia Financial Group Forward Dividend Yield % Calculation

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

Olympia Financial Group Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CAD 0.6000002024-04-182024-04-192024-04-30Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.6000002024-03-182024-03-192024-03-28Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.6000002024-02-162024-02-202024-02-29Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.6000002024-01-192024-01-222024-01-31Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.6000002023-12-152023-12-182023-12-29Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.6000002023-11-202023-11-212023-11-30Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.6000002023-10-192023-10-202023-10-31Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.6000002023-09-192023-09-202023-09-29Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.4500002023-08-212023-08-222023-08-31Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.4500002023-07-192023-07-202023-07-31Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.4500002023-06-202023-06-212023-06-30Cash DividendmonthlyCAD:CAD 1.000000
CAD 0.4500002023-05-182023-05-192023-05-31Cash 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.

Olympia Financial Group's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=7.2/110.50
=6.52 %

Current Share Price is C$110.50.
Olympia Financial Group's Dividends per Share for the forward twelve months is calculated as C$0.6 * 12 = C$7.2.

Olympia Financial Group's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=6.6/110.50
=5.97 %

Current Share Price is C$110.50.
Olympia Financial Group's Dividends per Share for the trailing twelve months (TTM) ended in Today is C$6.6.

* 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.


Olympia Financial Group  (TSX:OLY) 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.


Olympia Financial Group Forward Dividend Yield % Related Terms

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


Olympia Financial Group (TSX:OLY) Business Description

Traded in Other Exchanges
N/A
Address
4000, 520 - 3rd Avenue SW, Calgary, AB, CAN, T2P 0R3
Olympia Financial Group Inc is engaged in providing financial services. The company's operating segments are Private Health Services Plan division which markets, sells and administers health and dental benefits to business owners; Investment Account Services division specializes in registered account administration; The Currency and Global Payments division provides corporations and private clients a personalized service for buying and selling foreign currencies; The Exempt Edge division is focused on Onboarding fees; The Corporate and Shareholder Services division, which acts as a cost centre and the Corporate Division.
Executives
Rick Skauge 10% Security Holder, Director, Senior Officer

Olympia Financial Group (TSX:OLY) Headlines

No Headlines