Dominion Lending Centres (TSX:DLCG) Dividend Payout Ratio : 0.56 (As of Mar. 2024)

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What is Dominion Lending Centres Dividend Payout Ratio?

Dominion Lending Centres's dividend payout ratio for the months ended in Mar. 2024 was 0.56.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Dominion Lending Centres Inc is 1.26, which seems too high.

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

TSX:DLCG' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.29 Med: 2.73 Max: 3.02
Current: 1.26

During the past 13 years, the highest Dividend Payout Ratio of Dominion Lending Centres was 3.02. The lowest was 0.29. And the median was 2.73.

TSX:DLCG's Dividend Payout Ratio is ranked worse than
96.32% of 1088 companies
in the Banks industry
Industry Median: 0.35 vs TSX:DLCG: 1.26

As of today (2024-05-17), the Dividend Yield % of Dominion Lending Centres is 3.40%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Dominion Lending Centres was 153.17%. The lowest was 0.38%. And the median was 3.25%.

Dominion Lending Centres's Dividends per Share for the months ended in Mar. 2024 was C$0.03.

The growth rate is calculated with least square regression.

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

Dominion Lending Centres Dividend Payout Ratio Historical Data

The historical data trend for Dominion Lending Centres'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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Dominion Lending Centres Dividend Payout Ratio Chart

Dominion Lending Centres Annual Data

Trend

Sep13

Sep14

Sep15

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.29

2.73

Dominion Lending Centres Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Dividend Payout Ratio	Get a 7-Day Free Trial															-	-	0.27	30.00	0.56

Competitive Comparison of Dominion Lending Centres's Dividend Payout Ratio

For the Mortgage Finance subindustry, Dominion Lending Centres'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.

Dominion Lending Centres's Dividend Payout Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Dominion Lending Centres's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Dominion Lending Centres's Dividend Payout Ratio falls into.

Dominion Lending Centres Dividend Payout Ratio Calculation

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

Dominion Lending Centres'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 )
	=	0.12	/	0.044
	=	2.73

Dominion Lending Centres's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Mar. 2024 )	/	EPS without NRI (Q: Mar. 2024 )
	=	0.03	/	0.054
	=	0.56

Dominion Lending Centres (TSX:DLCG) 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.

Dominion Lending Centres Dividend Payout Ratio Related Terms

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

Dominion Lending Centres (TSX:DLCG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Dominion Lending Centres Inc (TSX:DLCG) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

BRLGF:USA

Address

2207 - 4th Street SW, Suite 400, Calgary, AB, CAN, T2S 1X1

Website

https://www.dlcg.ca

Dominion Lending Centres Inc is a mortgage brokerage franchisor and mortgage broker data connectivity provider with operations across Canada. The Group operates through Dominion Lending Centres and its three main subsidiaries, MCC Mortgage Centre Canada Inc., MA Mortgage Architects Inc and Newton Connectivity Systems Inc. The company has two operating segments, namely, the Core Business Operations segment and the NonCore Business Asset Management segment. The company generates revenue mainly from franchising and mortgage brokerage services.

Executives

Dennis Frank Sykora

Director

Dominion Lending Centres (TSX:DLCG) Headlines

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