Definity Financial (TSX:DFY) Dividend Payout Ratio : 0.07 (As of Dec. 2023)

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What is Definity Financial Dividend Payout Ratio?

Definity Financial's dividend payout ratio for the months ended in Dec. 2023 was 0.07.

The historical rank and industry rank for Definity Financial's Dividend Payout Ratio or its related term are showing as below:

TSX:DFY' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.18 Med: 0.8 Max: 1.42
Current: 0.18

During the past 4 years, the highest Dividend Payout Ratio of Definity Financial was 1.42. The lowest was 0.18. And the median was 0.80.

TSX:DFY's Dividend Payout Ratio is ranked better than
78.16% of 293 companies
in the Insurance industry
Industry Median: 0.37 vs TSX:DFY: 0.18

As of today (2024-05-05), the Dividend Yield % of Definity Financial is 1.24%.

During the past 4 years, the highest Trailing Annual Dividend Yield of Definity Financial was 1.59%. The lowest was 0.50%. And the median was 1.39%.

Definity Financial's Dividends per Share for the months ended in Dec. 2023 was C$0.14.

The growth rate is calculated with least square regression.

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

Definity Financial Dividend Payout Ratio Historical Data

The historical data trend for Definity Financial's Dividend Payout Ratio 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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Definity Financial Dividend Payout Ratio Chart

Definity Financial Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

1.42

0.18

Definity Financial Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial								0.08	0.16	0.23	-	0.07

Competitive Comparison of Definity Financial's Dividend Payout Ratio

For the Insurance - Property & Casualty subindustry, Definity Financial's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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.

Definity Financial's Dividend Payout Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Definity Financial's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Definity Financial's Dividend Payout Ratio falls into.

Definity Financial Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Definity Financial's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	0.55	/	3.072
	=	0.18

Definity Financial's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0.138	/	1.94
	=	0.07

Definity Financial (TSX:DFY) Dividend Payout Ratio Explanation

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.

Definity Financial Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Definity Financial's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Definity Financial (TSX:DFY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Definity Financial Corp (TSX:DFY) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

DFYFF:USA

Address

111 Westmount Road South, Waterloo, ON, CAN, N2L 2L6

Website

https://www.definityfinancial.com

Definity Financial Corp is a multi-channel, property, and casualty insurance company. It offers auto, property, liability, and pet insurance products to individual customers. Its commercial insurance products include fleet, individually-rated commercial auto, property, liability, and specialty insurance products.

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