Element Fleet Management (TSX:EFN) Dividend Payout Ratio : 0.44 (As of Dec. 2023)

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What is Element Fleet Management Dividend Payout Ratio?

Element Fleet Management's dividend payout ratio for the months ended in Dec. 2023 was 0.44.

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

TSX:EFN' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.04 Med: 0.35 Max: 0.73
Current: 0.37

During the past 13 years, the highest Dividend Payout Ratio of Element Fleet Management was 0.73. The lowest was 0.04. And the median was 0.35.

TSX:EFN's Dividend Payout Ratio is ranked better than
53.15% of 523 companies
in the Business Services industry
Industry Median: 0.39 vs TSX:EFN: 0.37

As of today (2024-05-07), the Dividend Yield % of Element Fleet Management is 1.93%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Element Fleet Management was 7.75%. The lowest was 0.19%. And the median was 1.85%.

Element Fleet Management's Dividends per Share for the months ended in Dec. 2023 was C$0.12.

During the past 12 months, Element Fleet Management's average Dividends Per Share Growth Rate was 26.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 28.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 13.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Element Fleet Management was 121.00% per year. The lowest was -12.60% per year. And the median was 22.20% per year.

The growth rate is calculated with least square regression.

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

Element Fleet Management Dividend Payout Ratio Historical Data

The historical data trend for Element Fleet Management'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.

* Premium members only.

Element Fleet Management Dividend Payout Ratio Chart

Element Fleet Management Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.25

0.27

0.37

0.35

0.38

Element Fleet Management Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															0.42	0.40	0.35	0.32	0.44

Competitive Comparison of Element Fleet Management's Dividend Payout Ratio

For the Rental & Leasing Services subindustry, Element Fleet Management'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.

Element Fleet Management's Dividend Payout Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Element Fleet Management's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Element Fleet Management's Dividend Payout Ratio falls into.

Element Fleet Management Dividend Payout Ratio Calculation

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

Element Fleet Management'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 )
	=	0.42	/	1.111
	=	0.38

Element Fleet Management'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 )
	=	0.12	/	0.272
	=	0.44

Element Fleet Management (TSX:EFN) 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.

Element Fleet Management Dividend Payout Ratio Related Terms

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

Element Fleet Management (TSX:EFN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Element Fleet Management Corp (TSX:EFN) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

ELEEF:USA 61F:Germany EFN.PR.E.PFD:Canada EFN.PR.C.PFD:Canada

Address

161 Bay Street, Suite 3600, Toronto, ON, CAN, M5J 2S1

Website

https://www.elementfleet.com

Element Fleet Management Corp is a fleet management company, providing services and financings for commercial vehicle and equipment fleets. The company operates in U.S., Canada, Mexico, Australia, and New Zealand.

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