Alvopetro Energy Dividend

What is Alvopetro Energy current dividend yield, its reliability and sustainability?

Dividend Score

4/6

Dividend Score 4/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


6.34%

Current Dividend Yield

Upcoming Dividend Payment

TodaySep 26 2022Ex Dividend DateSep 28 2022Dividend Pay DateOct 14 202216 days from Ex DividendBuy in the next 1 day to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: ALV's dividend (6.34%) is higher than the bottom 25% of dividend payers in the Canadian market (2.05%).

High Dividend: ALV's dividend (6.34%) is in the top 25% of dividend payers in the Canadian market (5.95%)


Stability and Growth of Payments

Stable Dividend: Too early to tell whether ALV's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if ALV's dividend payments are increasing as they only just started paying a dividend.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (43.5%), ALV's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (50.8%), ALV's dividend payments are covered by cash flows.


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