Rank E-L Financial Preferreds

This compare tool allows you to Rank E-L Financial Preferreds, based on the latest stock information available. Our goal is to provide you with the information and metrics related to the E-L Financial preferreds. Your goal is to establish which preferred will provide you the best returns. If you are buying today, these tools will expedite and aid the selection process. Given all the data available here, an informed decision is within reach.

In a market with low volumes you can use this information to identify mispriced shares. Since all preferreds belong to the same issuer, the risk is the same for all of them.

E-L Financial Brief Overview

Visit the E-L Financial company website to see the preferred share prospectus, news and other information.

Sector: Investment and insurance holding company.
Core businesses and operations:

  1. Two operating segments, E-L Corporate and Empire Life Insurance Company .
  2. oversight of investments in global equities held through direct and indirect holdings of common shares, investment funds, closed-end investment companies and other private companies. E-L Financial holds a 52.2% interest in a closed-end investment corporation, United Corporations Limited
  3. has two significant investments in associates including a 36.8% interest in Algoma Central Corporation and a 24.0% interest in Economic Investment Trust Limited.
  4. The Empire Life operating segment underwrites life and health insurance policies and provides segregated funds, mutual funds and annuity products.
No DBRS Rating for this corporation.

The latest information and statistics on their common stock ELF, can be easily accessed using websites like TMX Money.

Dividend Payment Schedule: 2021JAN17 , 2020APR17 , 2020JUL17 , 2020OCT17

Ex Dividend Date Schedule: 2021DEC28 , 2020MAR28 , 2020JUN27 , 2020SEP27

 

E-L Financial Credit Rating

The latest credit rating for E-L Financial are listed in the table below. For additional information on credit rating agencies and codes see our article Credit Rating Symbols.

S&P CorporateS&P PreferredsDBRS Long TermDBRS Preferred'sS&P Global CorporateS&P Global PreferredsMoody's LongTermFitch Long TermFitch Short Term
NR

E-L Financial Common Share Metrics

Symbol: TSE:ELFCurrency: CADMarket Cap: $2,695,152,365Price: $685.00
P/E: #N/AP/B: 0.45Dividend: $1.250Yield: 0.73%
Beta: 0.68



Rank E-L Financial Preferreds - Compare Tool.

If you need more information on how to use the metrics below, watch our video Introduction to Compare Tools or see our post how to pick the best preferred share of a company


Last Updated: Market Data Jun-05 16:52, Model Metrics Jun-05 16:55
SymbolPrice52W High52W Low
Fixed Rate Baseyield and dividend for the current issue based on last night’s closing stock price
Current (Yield | Dividend)
Reset (Yield | Dividend)yield and dividend for the current issue after the upcoming reset
Blended (Yield | Dividend)follow link passed the end of the table to see definition
Reset Date Y/M/DRate Increase (percent | to value )New Spread (%Increase | value)Years To Double Initial InvestmentName
ELF-F $23.02$25.11$18.50PERPETUAL @ 5.32%05.78% | $1.3305.78% | $1.3305.78% | $1.33PERPETUAL008% | 5.78%N/A12.33E-L Financial Corp. 5.30%, Series 1
ELF-G $21.4$22.99$16.25PERPETUAL @ 4.76%05.56% | $1.1905.56% | $1.1905.56% | $1.19PERPETUAL016% | 5.56%N/A12.81E-L Financial Corp. 4.75%, Series 2
ELF-H $23.8$25.47$19.00PERPETUAL @ 5.52%05.80% | $1.3805.80% | $1.3805.80% | $1.38PERPETUAL005% | 5.80%N/A12.29E-L Financial Corp. 5.50%, Series 3


Reset Scenarios Based on Various G.O.C. 5 Year Bond Yield Rates

The following table presents 5 scenarios, of the issues resetting based on different 5 Year Bond rates. Each scenario consists of 3 columns and grouped by color. The rates assumed for the reset are as follows:
  • Scenario 1: 5YR GOC Rate is set at 0.01%
  • Scenario 2: 5YR GOC Rate is set at 0.4%
  • Scenario 3: 5YR GOC Rate is set at 0.8%
  • Scenario 4: 5YR GOC Rate is set at 1.2%
  • Scenario 5: 5YR GOC Rate is set at 1.6%

For more information please review our video and/or post. Links available at the bottom of the page


Rank Preferreds - Compare Reset Scenarios

Last Updated: Market Data Jun-05 16:52, Model Metrics Jun-05 16:55
Credit RatingSymbolReset Date Y/M/DCurrent (Yield | Dividend)
5Yr @ 0.01%. Reset (Yield | Dividend)Scenario: 1 yield and dividend based on GOC 5yr Rate of 5Yr @ 0.01%.
5Yr @ 0.01%. Blended (Yield | Dividend)5Yr @ 0.01%. Rate Increase (percent | to value )
5Yr @ 0.4%. Reset (Yield | Dividend)Scenario: 2 yield and dividend based on GOC 5yr Rate of 5Yr @ 0.4%.
5Yr @ 0.4%. Blended (Yield | Dividend)5Yr @ 0.4%. Rate Increase (percent | to value )
5Yr @ 0.8%. Reset (Yield | Dividend)Scenario: 3 yield and dividend based on GOC 5yr Rate of 5Yr @ 0.8%.
5Yr @ 0.8%. Blended (Yield | Dividend)5Yr @ 0.8%. Rate Increase (percent | to value )
5Yr @ 1.2%. Reset (Yield | Dividend)Scenario: 4 yield and dividend based on GOC 5yr Rate of 5Yr @ 1.2%.
5Yr @ 1.2%. Blended (Yield | Dividend)5Yr @ 1.2%. Rate Increase (percent | to value )
5Yr @ 1.6%. Reset (Yield | Dividend)Scenario: 5 yield and dividend based on GOC 5yr Rate of 5Yr @ 1.6%.
5Yr @ 1.6%. Blended (Yield | Dividend)5Yr @ 1.6%. Rate Increase (percent | to value )