Only Four Days Left To Cash In On Jamieson Wellness' (TSE:JWEL) Dividend
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 24 2024
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Source: Yahoo Finance
Dividend Information: Jamieson Wellness Inc. will trade ex-dividend on November 29, with a dividend payment of CA$0.21 per share scheduled for December 13. The company has a trailing yield of 2.3% based on its current share price.
Sustainability and Growth Concerns: While the dividend is covered by both profit and cash flow, Jamieson Wellness pays out a significant portion of its earnings and free cash flow as dividends, raising concerns about future reinvestment and growth potential despite a historical average dividend growth of 15% over the past seven years.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
