Is Sagen MI Canada a good dividend stock?

Sagen MI Canada (TSE:MIC) pays an annual dividend of C$2.16 per share and currently has a dividend yield of 4.97%. MIC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 42.79%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for MIC .

What other stocks do shareholders of Sagen MI Canada own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Sagen MI Canada investors own include Sun Life Financial (slf) , Bank of Montreal (BMO) , Toronto-Dominion Bank (TD) , Royal Bank of Canada (RY) , Suncor Energy (SU) , Bank of Nova Scotia (BNS) , Enbridge (ENB) , Canadian National Railway (CNR) , Great-West Lifeco (GWO) and Power Co. of Canada (POW) .

How do I buy shares of Sagen MI Canada?

Shares of MIC stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor , Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers. Compare Top Brokerages Here .

TSE:MIC

Sagen MI Canada (MIC) Stock Price, News & Analysis

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Today's Range: N/A
50-Day Range: C$43.48
▼
C$43.48
52-Week Range: N/A

Volume: 723,454 shs
Average Volume: 220,564 shs
Market Capitalization: C$3.75 billion

P/E Ratio: 8.61
Dividend Yield: 4.97%
Price Target: N/A

Stock Analysis

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About Sagen MI Canada Stock (TSE:MIC)

Sagen MI Canada Inc., through its subsidiaries, operates as a private residential mortgage insurer in Canada. It provides mortgage default insurance to residential mortgage homebuyers, lenders, brokers, and realtors. The company was formerly known as Genworth MI Canada Inc. and changed its name to Sagen MI Canada Inc. in February 2021. Sagen MI Canada Inc. was founded in 1995 and is headquartered in Oakville, Canada.

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MIC Stock News Headlines

April 17, 2024 | americanbankingnews.com

Sagen MI Canada (TSE:MIC) Share Price Crosses Above 200 Day Moving Average of $0.00

April 5, 2024 | morningstar.com

Sagen MI Canada Inc Pref Share MIC.PR.A

April 18, 2024 | Paradigm Press (Ad)

Could Bitcoin Literally FORCE This Crypto To Rocket Up?

Recently, Bitcoin smashed through its previous record high to hit $72,720. It’s made many, many people very rich. But one cryptocurrency expert and investing millionaire is declaring…

February 2, 2024 | msn.com

SAGEN MI CDA INC.A reports Q4 results

February 1, 2024 | ca.finance.yahoo.com

Sagen MI Canada Inc. Reports Fourth Quarter 2023 Results and Declares Preferred Share Dividend

November 3, 2023 | msn.com

Sagen MI Canada declares $0.3375 dividend

November 2, 2023 | ca.finance.yahoo.com

Sagen MI Canada Inc. Reports Third Quarter 2023 Results and Declares Preferred Share Dividend

August 3, 2023 | ca.finance.yahoo.com

Sagen MI Canada Inc. Reports Second Quarter 2023 Results and Declares Preferred Share Dividend

April 18, 2024 | Paradigm Press (Ad)

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Recently, Bitcoin smashed through its previous record high to hit $72,720. It’s made many, many people very rich. But one cryptocurrency expert and investing millionaire is declaring…

July 25, 2023 | investing.com

MIC_pa Historical Data

July 24, 2023 | bbc.co.uk

Watch as Biden reacts to a bad mic during a speech

May 16, 2023 | ca.finance.yahoo.com

Sagen MI Canada Inc. to Issue $200 Million of Unsecured Debentures

May 4, 2023 | benzinga.com

Sagen MI Canada Inc. Reports First Quarter 2023 Results and Declares Preferred Share Dividend

May 2, 2023 | theglobeandmail.com

Closing Bell: Sagen MI Canada Inc down on Monday (MIC-PR-A)

April 29, 2023 | theglobeandmail.com

Closing Bell: Sagen MI Canada Inc up on Friday (MIC-PR-A)

April 28, 2023 | theglobeandmail.com

Closing Bell: Sagen MI Canada Inc down on Wednesday (MIC-PR-A)

April 25, 2023 | theglobeandmail.com

Closing Bell: Sagen MI Canada Inc up on Tuesday (MIC-PR-A)

April 22, 2023 | theglobeandmail.com

Closing Bell: Sagen MI Canada Inc down on Friday (MIC-PR-A)

April 20, 2023 | theglobeandmail.com

Closing Bell: Sagen MI Canada Inc up on Thursday (MIC-PR-A)

April 18, 2023 | theglobeandmail.com

Closing Bell: Sagen MI Canada Inc flat on Tuesday (MIC-PR-A)

April 17, 2023 | theglobeandmail.com

Closing Bell: Sagen MI Canada Inc flat on Monday (MIC-PR-A)

April 15, 2023 | theglobeandmail.com

Closing Bell: Sagen MI Canada Inc flat on Friday (MIC-PR-A)

April 14, 2023 | theglobeandmail.com

Closing Bell: Sagen MI Canada Inc down on Thursday (MIC-PR-A)

April 12, 2023 | theglobeandmail.com

Closing Bell: Sagen MI Canada Inc down on Tuesday (MIC-PR-A)

April 11, 2023 | theglobeandmail.com

Closing Bell: Sagen MI Canada Inc up on Monday (MIC-PR-A)

April 7, 2023 | theglobeandmail.com

Closing Bell: Sagen MI Canada Inc up on Wednesday (MIC-PR-A)

February 2, 2023 | finance.yahoo.com

Sagen MI Canada Inc. Reports Fourth Quarter 2022 Results and Declares Preferred Share Dividend

See More Headlines

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Industry, Sector and Symbol

Stock Exchange: TSE
Sector: Finance
Industry: Accident & Health Insurance
Sub-Industry: N/A
Current Symbol: TSE:MIC
CUSIP: N/A
CIK: N/A
Web: genworth.ca
Phone: +1-905-2875300
Fax: N/A
Employees: 260
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: 8.61
Forward P/E Ratio: N/A
P/E Growth: 17.74
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: 18.46
Current Ratio: 0.32
Quick Ratio: 0.25

Sales & Book Value

Annual Sales: C$948.14 million
Price / Sales: 0.00
Cash Flow: N/A
Price / Cash Flow: 6.07
Book Value: C$44.86 per share
Price / Book: N/A

Miscellaneous

Outstanding Shares: 86,358,000
Free Float: N/A
Market Cap: C$3.75 billion
Optionable: Not Optionable
Beta: N/A

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Key Executives

Mr. Stuart Levings (Age 48)
Pres, CEO & Director
Comp: $1.55M
Mr. Philip Mayers
Sr. VP & CFO
Mr. Winsor Macdonell
Sr. VP, Gen. Counsel & Sec.
Ms. Deborah McPherson
Sr. VP of Sales & Marketing
Mr. Craig Sweeney
Sr. VP & Chief Risk Officer
Mr. Jim Spitali
Sr. VP of Operations
Ms. Zorica Todorovic
Sr. VP & Chief Information Officer
Mr. Aaron James Glyndwr Williams
VP of Fin. & Investor Relations
Ms. Mary-Jo Hewat
Sr. VP of HR & Facilities
Ms. Yvonne Burghardt-Mcewan
Financial Controller

Key Competitors

View All Competitors

MIC Stock Analysis - Frequently Asked Questions

Is Sagen MI Canada a good dividend stock?: Sagen MI Canada (TSE:MIC) pays an annual dividend of C$2.16 per share and currently has a dividend yield of 4.97%. MIC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 42.79%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for MIC.
What other stocks do shareholders of Sagen MI Canada own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Sagen MI Canada investors own include Sun Life Financial (slf), Bank of Montreal (BMO), Toronto-Dominion Bank (TD), Royal Bank of Canada (RY), Suncor Energy (SU), Bank of Nova Scotia (BNS), Enbridge (ENB), Canadian National Railway (CNR), Great-West Lifeco (GWO) and Power Co. of Canada (POW).
How do I buy shares of Sagen MI Canada?: Shares of MIC stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:MIC) was last updated on 4/18/2024 by MarketBeat.com Staff

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Sagen MI Canada (MIC) Stock Price, News & Analysis

About Sagen MI Canada Stock (TSE:MIC)

MIC Stock News Headlines

Industry, Sector and Symbol

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

MIC Stock Analysis - Frequently Asked Questions

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