Algoma Central Dividend
Dividend criteria checks 3/6
Algoma Central is a dividend paying company with a current yield of 5.1% that is well covered by earnings.
Key information
5.1%
Dividend yield
33%
Payout ratio
Industry average yield | 3.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CA$2.10 |
Dividend yield forecast in 3Y | 5.1% |
Recent dividend updates
Algoma Central's (TSE:ALC) Dividend Will Be Increased To CA$0.19
Feb 13Algoma Central (TSE:ALC) Is Increasing Its Dividend To CA$0.19
Jan 19Algoma Central (TSE:ALC) Will Pay A Dividend Of CA$0.18
Nov 09Recent updates
Algoma Central's (TSE:ALC) Dividend Will Be Increased To CA$0.19
Feb 13Algoma Central (TSE:ALC) Is Increasing Its Dividend To CA$0.19
Jan 19Algoma Central (TSE:ALC) Will Pay A Dividend Of CA$0.18
Nov 09Algoma Central (TSE:ALC) Will Pay A Dividend Of CA$0.18
May 07Algoma Central (TSE:ALC) Has Announced That It Will Be Increasing Its Dividend To CA$0.18
Jan 30Algoma Central (TSE:ALC) Has Announced That It Will Be Increasing Its Dividend To CA$0.18
Jan 16Algoma Central (TSE:ALC) Is Due To Pay A Dividend Of CA$0.17
Nov 11Algoma Central (TSE:ALC) Has Affirmed Its Dividend Of CA$0.17
Aug 11Algoma Central (TSE:ALC) Has A Pretty Healthy Balance Sheet
Jun 17Algoma Central (TSE:ALC) Has Announced A Dividend Of CA$0.17
May 08Algoma Central (TSE:ALC) Has A Somewhat Strained Balance Sheet
Jun 10When Should You Buy Algoma Central Corporation (TSE:ALC)?
Apr 12Algoma Central (TSE:ALC) Is Experiencing Growth In Returns On Capital
Mar 30Does Algoma Central Corporation (TSE:ALC) Have A Place In Your Dividend Portfolio?
Mar 17Is Algoma Central (TSE:ALC) A Risky Investment?
Mar 04Algoma Central Corporation's (TSE:ALC) Stock is Soaring But Financials Seem Inconsistent: Will The Uptrend Continue?
Feb 19It Might Not Be A Great Idea To Buy Algoma Central Corporation (TSE:ALC) For Its Next Dividend
Feb 06Here's What Algoma Central Corporation's (TSE:ALC) Shareholder Ownership Structure Looks Like
Feb 04Algoma Central (TSE:ALC) Long Term Shareholders are 25% In The Black
Jan 18Is Now An Opportune Moment To Examine Algoma Central Corporation (TSE:ALC)?
Jan 03Here's Why We're Wary Of Buying Algoma Central's (TSE:ALC) For Its Upcoming Dividend
Dec 19Here's How We Evaluate Algoma Central Corporation's (TSE:ALC) Dividend
Dec 14Algoma Central (TSE:ALC) Takes On Some Risk With Its Use Of Debt
Nov 26The Returns At Algoma Central (TSE:ALC) Provide Us With Signs Of What's To Come
Jul 30Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ALC's dividend payments have been volatile in the past 10 years.
Growing Dividend: ALC's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Algoma Central Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (ALC) | 5.1% |
Market Bottom 25% (CA) | 2.0% |
Market Top 25% (CA) | 6.4% |
Industry Average (Shipping) | 3.9% |
Analyst forecast in 3 Years (ALC) | 5.1% |
Notable Dividend: ALC's dividend (5.1%) is higher than the bottom 25% of dividend payers in the Canadian market (1.98%).
High Dividend: ALC's dividend (5.1%) is low compared to the top 25% of dividend payers in the Canadian market (6.34%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (33.5%), ALC's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (605.7%), ALC's dividend payments are not well covered by cash flows.