Findev (TSXV:FDI) Dividend Payout Ratio : 0.38 (As of Dec. 2023)

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What is Findev Dividend Payout Ratio?

Findev's dividend payout ratio for the months ended in Dec. 2023 was 0.38.

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

TSXV:FDI' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.16 Med: 0.48 Max: 1
Current: 0.44

During the past 13 years, the highest Dividend Payout Ratio of Findev was 1.00. The lowest was 0.16. And the median was 0.48.

TSXV:FDI's Dividend Payout Ratio is ranked worse than
63.23% of 1096 companies
in the Banks industry
Industry Median: 0.35 vs TSXV:FDI: 0.44

As of today (2024-05-21), the Dividend Yield % of Findev is 7.50%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Findev was 10.00%. The lowest was 1.38%. And the median was 6.67%.

Findev's Dividends per Share for the months ended in Dec. 2023 was C$0.01.

The growth rate is calculated with least square regression.

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

Findev Dividend Payout Ratio Historical Data

The historical data trend for Findev'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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Findev Dividend Payout Ratio Chart

Findev Annual Data

Trend

May14

May15

May16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.50

0.42

0.16

0.48

0.41

Findev 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															0.53	0.40	0.40	0.67	0.38

Competitive Comparison of Findev's Dividend Payout Ratio

For the Mortgage Finance subindustry, Findev'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.

Findev's Dividend Payout Ratio Distribution in the Banks Industry

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

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

Findev Dividend Payout Ratio Calculation

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

Findev'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 )
	=	0.03	/	0.073
	=	0.41

Findev'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 )
	=	0.008	/	0.021
	=	0.38

Findev (TSXV:FDI) 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.

Findev Dividend Payout Ratio Related Terms

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

Findev (TSXV:FDI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Findev Inc (TSXV:FDI) » Definitions » Dividend Payout Ratio

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TNSGF:USA

Address

10 Wanless Avenue, Suite 200, Toronto, ON, CAN, M4N 1V6

Website

https://www.findev.ca

Findev Inc is a real estate financing company that lends money to real estate projects that are identified as uniquely positioned to generate above-average returns in a two to three-year timeframe. It focuses on lending to residential and retail development projects within the Greater Toronto Area. It focuses on real estate projects that include condominiums, purpose-built rentals, townhouses, low-rise/subdivisions, and retail developments.

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