Should Olympia Financial Group Inc. (TSE:OLY) Be Your Next Stock Pick?

As an investor, I look for investments which do not compromise one fundamental factor for another. By this I mean, I look at stocks holistically, from their financial health to their future outlook. In the case of Olympia Financial Group Inc. (TSE:OLY), it is a well-regarded dividend payer with an impressive track record of delivering benchmark-beating performance. Below, I've touched on some key aspects you should know on a high level. For those interested in understanding where the figures come from and want to see the analysis, take a look at the report on Olympia Financial Group here.

Solid track record average dividend payer

Over the past few years, OLY has demonstrated a proven ability to generate robust returns of 58%. Not surprisingly, OLY outperformed its industry which returned 17%, giving us more conviction of the company's capacity to drive bottom-line growth going forward.

TSX:OLY Income Statement, August 26th 2019

Income investors would also be happy to know that OLY is one of the highest dividend payers in the market, with current dividend yield standing at 6.7%. OLY has also been regularly increasing its dividend payments to shareholders over the past decade.

TSX:OLY Historical Dividend Yield, August 27th 2019

Next Steps:

For Olympia Financial Group, there are three essential aspects you should further research:

1. Future Outlook: What are well-informed industry analysts predicting for OLY’s future growth? Take a look at our free research report of analyst consensus for OLY’s outlook.

2. Financial Health: Are OLY’s operations financially sustainable? Balance sheets can be hard to analyze, which is why we’ve done it for you. Check out our financial health checks here.

3. Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of OLY? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!

We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.

If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.