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Derived from payout historyIncome reliability
Quarterly income profile is visible
IFC.TO has an income profile aligned with its dividend company role. Provider data shows 4 recent payout records.
Market dataIncome framework read
Dividend CompanyTSXCanada
IFC.TO
Intact Financial
FinancialsPlain dividendQuarterly
Market Snapshot
$262.86
-$3.22 (-1.21%)
Toronto
Yield
2.21%
Rate $5.88
Next Payment
—
Ex-date 2026-09-15
52wk Position
31.91%
-13.96% below high
Updated —
Decision Area
Distribution and DRIP Defense
Payout history, default DRIP coverage, and price creep pressure using market data where available.
Distribution Chart
Last 12 payments
Confirmed Expected
Coverage Ratio Test
DRIP defense check
- Cash
- $147.00
- APR
- 0.559
- Coverage
- 0.559
Rung failed. Restore immediately or rebalance the holding.
Price Creep
Defended price ceiling
- Max defended
- $147.00
- Cushion
- -$115.86
- Cushion %
- -44.08%
Current $262.86Break $147.00
Smart Recommendation
IFC.TO is not defended at these inputs; top up shares, lower TPR, or test alternatives.
Research Signals
Payout sustainability
Strong
1mo agoDRIP availability
Likely available
1mo agoTax character
Eligible dividend
1mo agoDistribution history
Consistent, ~10%/yr
1mo agoStructure complexity
Moderate
1mo agoIncome trend
Growing
1mo agoAccount suitability
Non-reg: eligible div
1mo agoStructure Overview
Intact Financial (IFC) is Canada's largest property & casualty insurer, with a payout ratio in the high-20s to low-30s% range — among the best-covered dividends in this batch — and unusually consistent ~10% annual dividend growth. FY2025 net income rose sharply year-over-year and Q1 2026 earnings beat analyst estimates. The business spans Canada, the US, UK, Ireland, and continental Europe, adding some geographic reach without complicating the core insurance model.
Canadian Planning Notes
- 1Eligible dividends from Intact qualify for the dividend tax credit in a non-registered account.
- 2DRIP is standard for large-cap TSX dividend payers; confirm optional cash purchase support with your broker.
- 3Intact holds long-dated unsecured notes — standard for an insurer of this size, not a red flag on its own.
Market Facts
Market Data
A factual market, distribution, valuation, and financial snapshot for this holding.
Canadian Context
Account placement
Non-registered
Eligible Canadian dividends qualify for the dividend tax credit, which can improve after-tax income in taxable accounts.
TFSA: Tax-free growth and withdrawals.
RRSP: Tax-deferred growth, with withdrawals taxed as regular income.
Eligible dividend tax credit
- Total credit
- $345.27
- Effective rate
- 34.53%
Broker DRIP status
Questrade
Available
Wealthsimple
Available
RBC Direct Investing
Available
TD Direct Investing
Available
Run Your Numbers
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This profile is informational only and does not constitute licensed financial advice. Signal values, planning notes, market data, and structure summaries may not reflect the most current issuer disclosures. Always verify current payout policy, ex-dividend dates, financial statements, and issuer communications before making any investment decision.