Electro Aço Altona Dividend
Dividend criteria checks 2/6
Electro Aço Altona is a dividend paying company with a current yield of 1.05% that is well covered by earnings.
Key information
1.1%
Dividend yield
8%
Payout ratio
| Industry average yield | 10.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | R$2.19 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether EALT4's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if EALT4's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Electro Aço Altona Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (EALT4) | 1.1% |
| Market Bottom 25% (BR) | 2.1% |
| Market Top 25% (BR) | 8.4% |
| Industry Average (Metals and Mining) | 10.8% |
| Analyst forecast in 3 Years (EALT4) | n/a |
Notable Dividend: EALT4's dividend (1.05%) isn’t notable compared to the bottom 25% of dividend payers in the BR market (2.07%).
High Dividend: EALT4's dividend (1.05%) is low compared to the top 25% of dividend payers in the BR market (8.27%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (7.6%), EALT4's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (11.5%), EALT4's dividend payments are thoroughly covered by cash flows.