ATCO Dividends and Buybacks
Dividend criteria checks 5/6
ATCO is a dividend paying company with a current yield of 4.18% that is well covered by earnings. Next payment date is on 31st December, 2024 with an ex-dividend date of 5th December, 2024.
Key information
4.2%
Dividend yield
0.8%
Buyback Yield
| Total Shareholder Yield | 5.0% |
| Future Dividend Yield | 4.4% |
| Dividend Growth | 7.9% |
| Next dividend pay date | 31 Dec 24 |
| Ex dividend date | 05 Dec 24 |
| Dividend per share | CA$1.959 |
| Payout ratio | 56% |
Recent dividend and buyback updates
Recent updates
With ATCO Ltd. (TSE:ACO.X) It Looks Like You'll Get What You Pay For
Dec 04
Is ATCO (TSE:ACO.X) Using Too Much Debt?
Nov 02Is There An Opportunity With ATCO Ltd.'s (TSE:ACO.X) 24% Undervaluation?
Sep 14ATCO (TSE:ACO.X) Use Of Debt Could Be Considered Risky
Jul 23Here's What To Make Of ATCO's (TSE:ACO.X) Decelerating Rates Of Return
Jul 05ATCO Ltd. (TSE:ACO.X) Shares Could Be 27% Below Their Intrinsic Value Estimate
Jun 13ATCO (TSE:ACO.X) Seems To Be Using A Lot Of Debt
Apr 16ATCO Ltd.'s (TSE:ACO.X) Intrinsic Value Is Potentially 44% Above Its Share Price
Mar 15ATCO (TSE:ACO.X) Is Increasing Its Dividend To CA$0.4898
Feb 09ATCO (TSE:ACO.X) Will Pay A Larger Dividend Than Last Year At CA$0.4898
Jan 19Here's Why We Think ATCO (TSE:ACO.X) Might Deserve Your Attention Today
Jan 02Return Trends At ATCO (TSE:ACO.X) Aren't Appealing
Dec 01Does ATCO (TSE:ACO.X) Have A Healthy Balance Sheet?
Oct 23Here's What To Make Of ATCO's (TSE:ACO.X) Decelerating Rates Of Return
Aug 29Here's Why ATCO (TSE:ACO.X) Has A Meaningful Debt Burden
Jul 17A Look At The Intrinsic Value Of ATCO Ltd. (TSE:ACO.X)
Jun 10ATCO (TSE:ACO.X) Is Increasing Its Dividend To CA$0.4756
May 07ATCO (TSE:ACO.X) Has Announced That It Will Be Increasing Its Dividend To CA$0.4756
Apr 18Returns On Capital At ATCO (TSE:ACO.X) Have Stalled
Mar 30ATCO (TSE:ACO.X) Is Increasing Its Dividend To CA$0.4756
Feb 07ATCO (TSE:ACO.X) Has Announced That It Will Be Increasing Its Dividend To CA$0.4756
Jan 20Are Investors Undervaluing ATCO Ltd. (TSE:ACO.X) By 24%?
Nov 10ATCO (TSE:ACO.X) Takes On Some Risk With Its Use Of Debt
Oct 26Here's What To Make Of ATCO's (TSE:ACO.X) Decelerating Rates Of Return
Sep 29An Intrinsic Calculation For ATCO Ltd. (TSE:ACO.X) Suggests It's 43% Undervalued
Aug 06Does ATCO (TSE:ACO.X) Have A Healthy Balance Sheet?
Jul 22ATCO (TSE:ACO.X) May Have Issues Allocating Its Capital
Jun 30Here's Why ATCO (TSE:ACO.X) Is Weighed Down By Its Debt Load
Apr 21These Return Metrics Don't Make ATCO (TSE:ACO.X) Look Too Strong
Mar 30Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ACO.X's dividends per share have been stable in the past 10 years.
Growing Dividend: ACO.X's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| ATCO Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ACO.X) | 4.2% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.4% |
| Industry Average (Integrated Utilities) | 3.7% |
| Analyst forecast (ACO.X) (up to 3 years) | 4.4% |
Notable Dividend: ACO.X's dividend (4.18%) is higher than the bottom 25% of dividend payers in the Canadian market (1.8%).
High Dividend: ACO.X's dividend (4.18%) is low compared to the top 25% of dividend payers in the Canadian market (6.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (56.4%), ACO.X's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (45.4%), ACO.X's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 13:01 |
| End of Day Share Price | 2024/12/18 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
ATCO Ltd. is covered by 12 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Benjamin Pham | BMO Capital Markets Equity Research |
| David Noseworthy | CIBC Capital Markets |
| Andrew Kuske | Credit Suisse |