Alvopetro Energy Dividend
What is Alvopetro Energy current dividend yield, its reliability and sustainability?
Dividend Score 4/6
Cash Flow Coverage
Current Dividend Yield
Upcoming Dividend Payment
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.