About IGM Financial Inc.
Asset Management
Financial Services
IGM Financial Inc. operates as a wealth and asset management company in Canada. It operates through Wealth Management, Asset Management, and Strategic Investments and Other segments...
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Dividend Score
Dividend Score ranks stocks based on metrics important to dividend investors, helping you identify companies with a history of consistent dividends and the financial strength
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Dividend Stability
IGM.TO has maintained stable dividend payments over the past 10 years with no cuts over 5%.
Dividend Growth
IGM.TO's dividend payments have shown very poor growth, growing by 0% over the last 5 years.
Earnings Growth
IGM.TO's earnings have grown by 8.935% annually over the last 5 years. This strong earnings growth suggests a stable and increasing income stream, supporting the sustainability and potential growth of dividend payouts.
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IGM Financial Inc. Key Metrics
- Market Cap
- $10B
- 52 Weeks Low
- $30.34
- 52 Weeks High
- $41.43
- Dividend Yield
- 5.44%
- P/E
- 9.11x
- P/S
- 3.05x
Upcoming Events
Dividend Payment
IGM Financial Inc. Dividends
- Dividend Yield
- 5.44%
- Payout Ratio
- 63.38%
- Dividend Amount Per Share
- $2.25
- Last Ex-Dividend Date
- Sep 27, 2024
IGM.TO Dividend Safety
IGM.TO paid out 63.38% of its $1B earnings as dividends over the last 12 months.
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Dividend Payout Ratio
IGM.TO's Dividend Payout Ratio of 63.38% is approaching unsustainable levels for the Financial Services sector, raising concerns about reinvestment and future growth.
Interest Rate Coverage
IGM.TO's Interest Coverage Ratio of 6.608 indicates strong financial health with easy coverage of interest expenses.
Income Quality
IGM.TO has moderate income quality with a ratio of 0.904. This suggests reasonable stability but some risk of dividend cuts.
IGM.TO Dividend Growth
IGM Financial Inc.(IGM.TO) offers a dividend yield of 5.44% and pays $2.25 in dividends per share. Explore the historical dividend growth of IGM.TO.
Dividend Stability
IGM.TO has maintained stable dividend payments over the past 10 years with no cuts over 5%.
Dividend Growth
IGM.TO's dividend payments have shown very poor growth, growing by 0% over the last 5 years.
Earnings Growth
IGM.TO's earnings have grown by 8.935% annually over the last 5 years. This strong earnings growth suggests a stable and increasing income stream, supporting the sustainability and potential growth of dividend payouts.
IGM.TO Analyst Forecasts
IGM.TO Financials
IGM.TO Income Statement Key Metrics
- Revenue(TTM)3.18 B
- Gross Profit(TTM)2.14 B
- EBITDA(TTM)1.23 B
- Net Income(TTM)1.07 B
- EPS Diluted(TTM)4.49
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IGM.TO earnings and revenue history
Gross Profit Margin vs Peers
Profit margin ratio of IGM.TO (0.654) is lower than the average of its peers (0.931).
Net Profit Margin vs Peers
Net profit margin ratio of IGM.TO (0.329) is higher than the average of its peers (0.110).
IGM.TO Return on Equity
See how efficiently IGM.TO generates profit for it's shareholders.
17.25%
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Return on Equity vs Peers
Return on Equity ratio of IGM.TO (0.172) is higher than the average of its peers (0.082).
Return on Equity Growth
IGM.TO's Return on Equity has shown poor growth over the past 10 years, increasing by only 0.92%.
IGM.TO Revenue Growth
See how IGM.TO has grown it's revenue over the past 10 years.
Revenue Growth
IGM.TO's revenue has shown poor growth over the past 10 years, increasing by only 2.13%.