Element Fleet Management Stock

Element Fleet Management Dividend 2024

Element Fleet Management Dividend

0.42 CAD

Element Fleet Management Dividend yield

1.46 %

Ticker

EFN.TO

ISIN

CA2861812014

WKN

A1JYQL

How much dividend does Element Fleet Management 2024 pay?

According to the latest status from October 2024, Element Fleet Management paid a total of 0.42 CAD per share in dividends within the last 12 months. With the current Element Fleet Management price of 28.85 CAD, this corresponds to a dividend yield of 1.46 %. A dividend is paid times per year.

1.46 % Dividend Yield=
0.42 CAD Dividend
28.85 CAD Stock Price

Historical Element Fleet Management Dividends

A dividend is paid times per year. Last year, the payout months were January, April, July and October.

PaydateDividend
10/27/20240.12
7/28/20240.12
4/27/20240.12
1/28/20240.12
10/28/20230.1
7/29/20230.1
4/30/20230.1
1/29/20230.1
10/28/20220.08
7/29/20220.08
4/30/20220.08
1/30/20220.08
10/28/20210.07
7/29/20210.07
4/30/20210.07
1/30/20210.07
10/29/20200.05
7/29/20200.05
4/30/20200.05
1/30/20200.05
1
2

Element Fleet Management dividend history and estimates

In 2023, Element Fleet Management paid a dividend amounting to 0.42 CAD. Dividend means that Element Fleet Management distributes a portion of its profits to its owners.
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Dividend
Dividend (Estimate)
Details

Dividend

Dividend Overview

The dividend per year chart for Element Fleet Management provides a comprehensive view of the annual dividends distributed to shareholders. Analyze the trend to understand the consistency and growth in dividend payouts over the years.

Interpretation and Use

A consistent or increasing trend in dividends can indicate the company's profitability and financial health. Investors can use this data to identify Element Fleet Management’s potential for long-term investment and income generation through dividends.

Investment Strategy

Incorporate the dividend data in evaluating Element Fleet Management's overall performance. A thorough analysis, considering other financial aspects, will help in making informed investment decisions for optimal capital growth and income generation.

Element Fleet Management Dividend History

DateElement Fleet Management Dividend
2026e0.44 CAD
2025e0.44 CAD
2024e0.44 CAD
20230.42 CAD
20220.33 CAD
20210.27 CAD
20200.2 CAD
20190.18 CAD
20180.27 CAD
20170.3 CAD
20160.1 CAD
20150.03 CAD

Is the Element Fleet Management Dividend Safe?

Element Fleet Management has been increasing the dividend for 4 years.

Over the past 10 years, Element Fleet Management has increased it by an annual 0 %.

Over a five-year period, the distribution increased by 9.239%.

Analysts expect a Dividend Increase of 2.676% for the current fiscal year.

Element Fleet Management dividend payout ratio

In 2023, Element Fleet Management had a payout ratio of 44.68%. The payout ratio indicates the percentage of the company's profits that Element Fleet Management distributes as dividends.
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Payout ratio
Details

Payout ratio

What is Yearly Payout Ratio?

The yearly payout ratio for Element Fleet Management represents the proportion of earnings paid out as dividends to shareholders. It is an indicator of the company's financial health and stability, illustrating how much profit is being returned to investors versus being reinvested back into the company.

How to Interpret the Data

A lower payout ratio for Element Fleet Management could mean that the company is reinvesting more into its growth, whereas a higher ratio indicates more earnings are being distributed as dividends. Investors seeking regular income might prefer companies with a higher payout ratio, while those looking for growth may opt for companies with a lower ratio.

Using the Data for Investments

Evaluate Element Fleet Management's payout ratio in conjunction with other financial metrics and performance indicators. A sustainable payout ratio, coupled with strong financial health, can indicate a reliable dividend payout. However, a very high ratio might suggest the company is not sufficiently reinvesting in its future growth.

Element Fleet Management Payout Ratio History

DateElement Fleet Management Payout ratio
2026e46.45 %
2025e46.98 %
2024e47.67 %
202344.68 %
202248.58 %
202149.76 %
202035.71 %
2019150 %
2018-43.55 %
2017103.45 %
201610.42 %
20155.43 %
201444.68 %
201344.68 %
201244.68 %
201144.68 %
201044.68 %

Dividend Details

Understanding Element Fleet Management's Dividend Distributions

Element Fleet Management’s dividends are a portion of the company’s profits distributed to shareholders. It is a critical indicator of the company’s financial health and attractiveness to investors. Dividends provide investors with a steady income stream, in addition to any profits that may come from selling the stock at a higher price than the purchase price.

Year-to-Year Comparison

Examining Element Fleet Management's dividend distributions over the years can highlight the company’s profitability and stability. A consistent or increasing dividend payout can indicate a financially healthy company with predictable earnings, while fluctuations or reductions in dividends can suggest underlying financial or operational challenges.

Impact on Investments

Element Fleet Management's dividend payments are an essential factor for income-focused investors. A robust dividend payout can enhance the stock’s appeal, offering regular income in addition to potential capital gains. It also can indicate the company's confidence in its future earnings, making it a significant consideration in investment decisions.

Interpreting Dividend Fluctuations

Changes in Element Fleet Management’s dividends can result from shifts in the company’s earnings, financial policies, or reinvestment strategies. An increase in dividends often signals financial stability, while a decrease may indicate a need to conserve cash or reinvest profits to fuel growth, each scenario having different implications for investors.

Element Fleet Management Aktienanalyse

What does Element Fleet Management do?

Element Fleet Management Corp is a Canadian company specializing in fleet management services. Founded in 2011, the company operates globally and serves many of the world's most well-known companies. It offers a wide range of services, including vehicle procurement, maintenance, and repair. The company also provides innovative technology-based solutions for fleet management and works with customers to maximize cost reduction and employee mobility. Additionally, Element Fleet Management Corp offers various leasing options and services related to vehicle procurement and management. It is committed to providing innovative and sustainable mobility solutions to its customer base. Overall, it is an innovative company that offers comprehensive fleet management services and is dedicated to service quality and customer satisfaction. Element Fleet Management is one of the most popular companies on Eulerpool.com.
Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

Frequently Asked Questions about Element Fleet Management stock

How much dividend does Element Fleet Management pay?

Over the past 12 months, Element Fleet Management paid a dividend of 0.42 CAD . This corresponds to a dividend yield of about 1.46 %. For the coming 12 months, Element Fleet Management is expected to pay a dividend of 0.44 CAD.

What is the dividend yield of Element Fleet Management?

The current dividend yield of Element Fleet Management is 1.46 %.

When does Element Fleet Management pay dividends?

Element Fleet Management pays a quarterly dividend. This is distributed in the months of January, April, July, October.

How secure is the dividend of Element Fleet Management?

Element Fleet Management paid dividends every year for the past 12 years.

What is the dividend of Element Fleet Management?

For the upcoming 12 months, dividends amounting to 0.44 CAD are expected. This corresponds to a dividend yield of 1.54 %.

In which sector is Element Fleet Management located?

Element Fleet Management is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Element Fleet Management kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Element Fleet Management from 10/15/2024 amounting to 0.12 CAD, you needed to have the stock in your portfolio before the ex-date on 9/27/2024.

When did Element Fleet Management pay the last dividend?

The last dividend was paid out on 10/15/2024.

What was the dividend of Element Fleet Management in the year 2023?

In the year 2023, Element Fleet Management distributed 0.333 CAD as dividends.

In which currency does Element Fleet Management pay out the dividend?

The dividends of Element Fleet Management are distributed in CAD.

Andere Kennzahlen von Element Fleet Management

Our stock analysis for Element Fleet Management Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Element Fleet Management Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.