ATCO Dividends and Buybacks

Dividend criteria checks 5/6

ATCO is a dividend paying company with a current yield of 4.28% that is well covered by earnings. Next payment date is on 31st March, 2025 with an ex-dividend date of 27th February, 2025.

Key information

4.3%

Dividend yield

0.8%

Buyback Yield

Total Shareholder Yield5.1%
Future Dividend Yield4.7%
Dividend Growth7.7%
Next dividend pay date31 Mar 25
Ex dividend date27 Feb 25
Dividend per shareCA$1.959
Payout ratio56%

Recent dividend and buyback updates

ATCO (TSE:ACO.X) Is Increasing Its Dividend To CA$0.5045

Jan 13
ATCO (TSE:ACO.X) Is Increasing Its Dividend To CA$0.5045

Recent updates

ATCO (TSE:ACO.X) Is Increasing Its Dividend To CA$0.5045

Jan 13
ATCO (TSE:ACO.X) Is Increasing Its Dividend To CA$0.5045

With ATCO Ltd. (TSE:ACO.X) It Looks Like You'll Get What You Pay For

Dec 04
With ATCO Ltd. (TSE:ACO.X) It Looks Like You'll Get What You Pay For

Is ATCO (TSE:ACO.X) Using Too Much Debt?

Nov 02
Is ATCO (TSE:ACO.X) Using Too Much Debt?

Is There An Opportunity With ATCO Ltd.'s (TSE:ACO.X) 24% Undervaluation?

Sep 14
Is There An Opportunity With ATCO Ltd.'s (TSE:ACO.X) 24% Undervaluation?

ATCO (TSE:ACO.X) Use Of Debt Could Be Considered Risky

Jul 23
ATCO (TSE:ACO.X) Use Of Debt Could Be Considered Risky

Here's What To Make Of ATCO's (TSE:ACO.X) Decelerating Rates Of Return

Jul 05
Here's What To Make Of ATCO's (TSE:ACO.X) Decelerating Rates Of Return

ATCO Ltd. (TSE:ACO.X) Shares Could Be 27% Below Their Intrinsic Value Estimate

Jun 13
ATCO Ltd. (TSE:ACO.X) Shares Could Be 27% Below Their Intrinsic Value Estimate

ATCO (TSE:ACO.X) Seems To Be Using A Lot Of Debt

Apr 16
ATCO (TSE:ACO.X) Seems To Be Using A Lot Of Debt

ATCO Ltd.'s (TSE:ACO.X) Intrinsic Value Is Potentially 44% Above Its Share Price

Mar 15
ATCO Ltd.'s (TSE:ACO.X) Intrinsic Value Is Potentially 44% Above Its Share Price

ATCO (TSE:ACO.X) Is Increasing Its Dividend To CA$0.4898

Feb 09
ATCO (TSE:ACO.X) Is Increasing Its Dividend To CA$0.4898

ATCO (TSE:ACO.X) Will Pay A Larger Dividend Than Last Year At CA$0.4898

Jan 19
ATCO (TSE:ACO.X) Will Pay A Larger Dividend Than Last Year At CA$0.4898

Here's Why We Think ATCO (TSE:ACO.X) Might Deserve Your Attention Today

Jan 02
Here's Why We Think ATCO (TSE:ACO.X) Might Deserve Your Attention Today

Return Trends At ATCO (TSE:ACO.X) Aren't Appealing

Dec 01
Return Trends At ATCO (TSE:ACO.X) Aren't Appealing

Does ATCO (TSE:ACO.X) Have A Healthy Balance Sheet?

Oct 23
Does ATCO (TSE:ACO.X) Have A Healthy Balance Sheet?

Here's What To Make Of ATCO's (TSE:ACO.X) Decelerating Rates Of Return

Aug 29
Here's What To Make Of ATCO's (TSE:ACO.X) Decelerating Rates Of Return

Here's Why ATCO (TSE:ACO.X) Has A Meaningful Debt Burden

Jul 17
Here's Why ATCO (TSE:ACO.X) Has A Meaningful Debt Burden

A Look At The Intrinsic Value Of ATCO Ltd. (TSE:ACO.X)

Jun 10
A Look At The Intrinsic Value Of ATCO Ltd. (TSE:ACO.X)

ATCO (TSE:ACO.X) Is Increasing Its Dividend To CA$0.4756

May 07
ATCO (TSE:ACO.X) Is Increasing Its Dividend To CA$0.4756

ATCO (TSE:ACO.X) Has Announced That It Will Be Increasing Its Dividend To CA$0.4756

Apr 18
ATCO (TSE:ACO.X) Has Announced That It Will Be Increasing Its Dividend To CA$0.4756

Returns On Capital At ATCO (TSE:ACO.X) Have Stalled

Mar 30
Returns On Capital At ATCO (TSE:ACO.X) Have Stalled

ATCO (TSE:ACO.X) Is Increasing Its Dividend To CA$0.4756

Feb 07
ATCO (TSE:ACO.X) Is Increasing Its Dividend To CA$0.4756

ATCO (TSE:ACO.X) Has Announced That It Will Be Increasing Its Dividend To CA$0.4756

Jan 20
ATCO (TSE:ACO.X) Has Announced That It Will Be Increasing Its Dividend To CA$0.4756

Are Investors Undervaluing ATCO Ltd. (TSE:ACO.X) By 24%?

Nov 10
Are Investors Undervaluing ATCO Ltd. (TSE:ACO.X) By 24%?

ATCO (TSE:ACO.X) Takes On Some Risk With Its Use Of Debt

Oct 26
ATCO (TSE:ACO.X) Takes On Some Risk With Its Use Of Debt

Here's What To Make Of ATCO's (TSE:ACO.X) Decelerating Rates Of Return

Sep 29
Here's What To Make Of ATCO's (TSE:ACO.X) Decelerating Rates Of Return

An Intrinsic Calculation For ATCO Ltd. (TSE:ACO.X) Suggests It's 43% Undervalued

Aug 06
An Intrinsic Calculation For ATCO Ltd. (TSE:ACO.X) Suggests It's 43% Undervalued

Does ATCO (TSE:ACO.X) Have A Healthy Balance Sheet?

Jul 22
Does ATCO (TSE:ACO.X) Have A Healthy Balance Sheet?

ATCO (TSE:ACO.X) May Have Issues Allocating Its Capital

Jun 30
ATCO (TSE:ACO.X) May Have Issues Allocating Its Capital

Upcoming Dividend Payment

TodayJan 15 2025Ex Dividend DateFeb 27 2025Dividend Pay DateMar 31 202532 days from Ex DividendBuy in the next 43 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: ACO.X's dividends per share have been stable in the past 10 years.

Growing Dividend: ACO.X's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

ATCO Dividend Yield vs Market
How does ACO.X dividend yield compare to the market?
SegmentDividend Yield
Company (ACO.X)4.3%
Market Bottom 25% (CA)1.8%
Market Top 25% (CA)6.4%
Industry Average (Integrated Utilities)3.7%
Analyst forecast (ACO.X) (up to 3 years)4.7%

Notable Dividend: ACO.X's dividend (4.28%) is higher than the bottom 25% of dividend payers in the Canadian market (1.8%).

High Dividend: ACO.X's dividend (4.28%) is low compared to the top 25% of dividend payers in the Canadian market (6.39%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (56.4%), ACO.X's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (45.4%), ACO.X's dividend payments are well covered by cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/15 00:55
End of Day Share Price 2025/01/14 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

ATCO Ltd. is covered by 11 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Benjamin PhamBMO Capital Markets Equity Research
Mark JarviCIBC Capital Markets
Andrew KuskeCredit Suisse