FMP
Invesco Canadian Dividend Index ETF
PDC.TO
TSX
The fund tracks an index of Canadian-listed companies from NASDAQ Canada Index who have increased their annual dividend payments for at least five consecutive years. Only certain securities are allowed for inclusion, those with voting rights in a company or limited partnership, common stocks and shares or units of beneficial interest, respectively. Index construction starts by ranking eligible securities by their annual dividend yield. From these, the top 60 companies are filtered by market cap, where the 45 largest companies are selected for inclusion in the index. The index also uses float adjusted market capitalization to weight each constituent, while capping each security at 8% of the funds value. Reconstitution is made annually and rebalancing is made quarterly.
30.27 CAD
0.0439 (0.145%)
DuPont Analysis
The DuPont analysis, pioneered by the DuPont Corporation, offers a structured approach to assessing fundamental performance. It involves breaking down the return on equity (ROE) into various components, aiding investors in comprehending the factors influencing a company's returns.
ROE = Net Income / Average Total Equity
ROE = (Net Income / Sales) * (Revenue / Average Total Assets) * (Average Total Assets / Average Total Equity)
The company's tax burden is (Net income ÷ Pretax profit). This is the proportion of the company's profits retained after paying income taxes. [NI/EBT] The company's interest burden is (Pretax income ÷ EBIT). This will be 1.00 for a firm with no debt or financial leverage. [EBT/EBIT] The company's operating income margin or return on sales (ROS) is (EBIT ÷ Revenue). This is the operating income per dollar of sales. [EBIT/Revenue] The company's asset turnover (ATO) is (Revenue ÷ Average Total Assets). The company's equity multiplier is (Average Total Assets ÷ Average Total Equity). This is a measure of financial leverage. Profitability (measured by profit margin) Asset efficiency (measured by asset turnover) Financial leverage (measured by equity multiplier)
