Olympia Financial stock dividend – Olympia Financial Group Announces 0.45 Cash Dividend

🌥️Dividends Yield

On May 25 2023, Olympia Financial ($TSX:OLY) Group Inc. announced a 0.45 cash dividend. This is great news for investors who are seeking dividend yielding stocks. Over the last three years, OLYMPIA FINANCIAL has consistently paid dividends per share of 3.84 CAD in 2021, 3.28 CAD in 2022 and 2.76 CAD in 2023, giving an average dividend yield of 5.74%. This includes yields of 5.78%, 5.51% and 5.93%, respectively, in those same years.

The ex-dividend date for OLYMPIA FINANCIAL is May 18th 2023, meaning investors must purchase the stock prior to this date to be eligible for the upcoming dividend payout. Investing in OLYMPIA FINANCIAL presents an interesting opportunity for those seeking to grow their portfolios through dividend yields. With a consistent three year history of dividends, this stock is a great option for those looking to diversify their investments and make steady returns.

Price History

The news was met with a slight downturn in the stock price, with OLYMPIA FINANCIAL stock opening at CA$80.0 and closing at CA$78.0, representing a 2.5% decrease from the previous closing price of CA$80.0. This decision by the company is expected to generate revenue for its shareholders while also maintaining their investments in the company. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Olympia Financial. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Olympia Financial. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Olympia Financial. More…

Key Ratios Snapshot

Some of the financial key ratios for Olympia Financial are shown below. More…

Analysis – Olympia Financial Intrinsic Value Calculator

At GoodWhale, we have completed an analysis of OLYMPIA FINANCIAL‘s financials. Our proprietary Valuation Line has determined that the fair value of OLYMPIA FINANCIAL stock is around CA$74.7. Currently, the stock is trading at CA$78.0, which is overvalued by 4.4%. Taking this into consideration, investors may want to consider whether they would like to invest at this price level. More…

Peers

The company offers a wide range of financial services, including online banking, investment management, and insurance. Olympia Financial Group Inc has a strong presence in the online financial services industry, with a large customer base and a wide range of products and services. The company’s competitors include Gruppo Mutuionline SpA, MBK Co Ltd, River and Mercantile Group PLC.

– Gruppo Mutuionline SpA ($LTS:0O2B)

Gruppo Mutuionline SpA is an Italian company that provides online banking and insurance services. The company has a market capitalization of 1.01 billion as of 2022 and a return on equity of 16.35%. Mutuionline was founded in 1999 and is headquartered in Milan, Italy.

– MBK Co Ltd ($TSE:3121)

MBK Co Ltd is a publicly traded company with a market capitalization of 8.96 billion as of 2022. The company has a return on equity of -1.51%. MBK Co Ltd is engaged in the business of manufacturing and selling electronic products. The company’s products include mobile phones, digital cameras, and other electronic products.

Summary

OLYMPIA FINANCIAL is a great option for investors looking to get a consistent return on their investments. The company has offered dividends per share of 3.84 CAD in 2021, 3.28 CAD in 2022 and 2.76 CAD in 2023, translating to an average dividend yield of 5.74%. These yields are 5.78%, 5.51% and 5.93% respectively in those same years, which provides investors with an attractive return from their investments. Overall, OLYMPIA FINANCIAL is an excellent choice for investors seeking a reliable and consistent dividend yield.