ALBIS Leasing Dividend
Dividend criteria checks 3/6
ALBIS Leasing is a dividend paying company with a current yield of 2.14% that is well covered by earnings. Next payment date is on 9th July, 2024 with an ex-dividend date of 5th July, 2024.
Key information
2.1%
Dividend yield
23%
Payout ratio
Industry average yield | 2.7% |
Next dividend pay date | 09 Jul 24 |
Ex dividend date | 05 Jul 24 |
Dividend per share | n/a |
Earnings per share | €0.21 |
Dividend yield forecast in 3Y | 3.4% |
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ALG has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: ALG's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
ALBIS Leasing Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (ALG) | 2.1% |
Market Bottom 25% (DE) | 1.6% |
Market Top 25% (DE) | 4.7% |
Industry Average (Diversified Financial) | 2.7% |
Analyst forecast in 3 Years (ALG) | 3.4% |
Notable Dividend: ALG's dividend (2.14%) is higher than the bottom 25% of dividend payers in the German market (1.6%).
High Dividend: ALG's dividend (2.14%) is low compared to the top 25% of dividend payers in the German market (4.66%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (23.4%), ALG's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (6.2%), ALG's dividend payments are thoroughly covered by cash flows.