Altius Minerals Corporation

TSX:ALS Stock Report

Market Cap: CA$1.2b

Altius Minerals Dividends and Buybacks

Dividend criteria checks 3/6

Altius Minerals is a dividend paying company with a current yield of 1.36%. Next payment date is on 16th December, 2024 with an ex-dividend date of 29th November, 2024.

Key information

1.4%

Dividend yield

1.2%

Buyback Yield

Total Shareholder Yield2.6%
Future Dividend Yield1.4%
Dividend Growth4.9%
Next dividend pay date16 Dec 24
Ex dividend date29 Nov 24
Dividend per shareCA$0.360
Payout ratio116%

Recent dividend and buyback updates

Altius Minerals (TSE:ALS) Will Pay A Dividend Of CA$0.08

Mar 15
Altius Minerals (TSE:ALS) Will Pay A Dividend Of CA$0.08

Recent updates

Altius Minerals' (TSE:ALS) Soft Earnings Don't Show The Whole Picture

Mar 21
Altius Minerals' (TSE:ALS) Soft Earnings Don't Show The Whole Picture

Altius Minerals Corporation's (TSE:ALS) Shares Climb 25% But Its Business Is Yet to Catch Up

Mar 16
Altius Minerals Corporation's (TSE:ALS) Shares Climb 25% But Its Business Is Yet to Catch Up

Altius Minerals (TSE:ALS) Will Pay A Dividend Of CA$0.08

Mar 15
Altius Minerals (TSE:ALS) Will Pay A Dividend Of CA$0.08

Altius Minerals (TSE:ALS) Is Due To Pay A Dividend Of CA$0.08

Aug 20
Altius Minerals (TSE:ALS) Is Due To Pay A Dividend Of CA$0.08

Altius Minerals (TSE:ALS) Will Pay A Dividend Of CA$0.08

Jun 10
Altius Minerals (TSE:ALS) Will Pay A Dividend Of CA$0.08

Altius Minerals (TSE:ALS) Is Paying Out A Dividend Of CA$0.08

May 27
Altius Minerals (TSE:ALS) Is Paying Out A Dividend Of CA$0.08

Altius Minerals (TSE:ALS) Has Affirmed Its Dividend Of CA$0.08

May 13
Altius Minerals (TSE:ALS) Has Affirmed Its Dividend Of CA$0.08

Altius Minerals Corporation (TSE:ALS) Analysts Are Reducing Their Forecasts For Next Year

Jan 26
Altius Minerals Corporation (TSE:ALS) Analysts Are Reducing Their Forecasts For Next Year

Altius Minerals (TSE:ALS) Is Paying Out A Dividend Of CA$0.08

Nov 17
Altius Minerals (TSE:ALS) Is Paying Out A Dividend Of CA$0.08

Altius Minerals (TSE:ALS) Seems To Use Debt Rather Sparingly

Oct 01
Altius Minerals (TSE:ALS) Seems To Use Debt Rather Sparingly

Are Altius Minerals Corporation (TSE:ALS) Investors Paying Above The Intrinsic Value?

Jul 07
Are Altius Minerals Corporation (TSE:ALS) Investors Paying Above The Intrinsic Value?

Analysts Just Made A Significant Upgrade To Their Altius Minerals Corporation (TSE:ALS) Forecasts

Apr 20
Analysts Just Made A Significant Upgrade To Their Altius Minerals Corporation (TSE:ALS) Forecasts

Altius Minerals (TSE:ALS) Has A Rock Solid Balance Sheet

Apr 15
Altius Minerals (TSE:ALS) Has A Rock Solid Balance Sheet

Altius Minerals' (TSE:ALS) Dividend Will Be Increased To CA$0.07

Aug 13
Altius Minerals' (TSE:ALS) Dividend Will Be Increased To CA$0.07

We Think The Compensation For Altius Minerals Corporation's (TSE:ALS) CEO Looks About Right

May 07
We Think The Compensation For Altius Minerals Corporation's (TSE:ALS) CEO Looks About Right

Upcoming Dividend Payment

TodayNov 22 2024Ex Dividend DateNov 29 2024Dividend Pay DateDec 16 202417 days from Ex DividendBuy in the next 7 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

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

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


Dividend Yield vs Market

Altius Minerals Dividend Yield vs Market
How does ALS dividend yield compare to the market?
SegmentDividend Yield
Company (ALS)1.4%
Market Bottom 25% (CA)1.8%
Market Top 25% (CA)6.1%
Industry Average (Metals and Mining)1.8%
Analyst forecast (ALS) (up to 3 years)1.4%

Notable Dividend: ALS's dividend (1.36%) isn’t notable compared to the bottom 25% of dividend payers in the Canadian market (1.78%).

High Dividend: ALS's dividend (1.36%) is low compared to the top 25% of dividend payers in the Canadian market (6.13%).


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (116%), ALS's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (54.6%), ALS's dividend payments are covered by cash flows.


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