ATCO Dividend
What is ATCO current dividend yield, its reliability and sustainability?
[object Object] Score
5/6Dividend Score 5/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage
4.35%
Current Dividend Yield
Dividend Yield vs Market
| ATCO Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ACO.X) | 4.4% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 5.7% |
| Industry Average (Integrated Utilities) | 3.5% |
| Analyst forecast in 3 Years (ACO.X) | 4.5% |
Notable Dividend: ACO.X's dividend (4.35%) is higher than the bottom 25% of dividend payers in the Canadian market (1.81%).
High Dividend: ACO.X's dividend (4.35%) is low compared to the top 25% of dividend payers in the Canadian market (5.63%).
Stability and Growth of Payments
| Month | Dividend Per Share (annual) | Avg. Yield (%) |
|---|---|---|
| 12/31/2024 | 1.94 | 4 |
| 12/31/2023 | 1.89 | 6 |
| 12/31/2022 | 1.85 | 6 |
| 12/4/2022 | 1.85 | 4.35 |
| 10/17/2022 | 1.85 | 4.41 |
| 7/18/2022 | 1.85 | 4.05 |
| 4/18/2022 | 1.85 | 4.1 |
| 1/13/2022 | 1.85 | 4.36 |
| 10/14/2021 | 1.79 | 4.32 |
| 7/22/2021 | 1.79 | 4.26 |
| 4/14/2021 | 1.79 | 4.1 |
| 1/14/2021 | 1.79 | 4.59 |
| 10/8/2020 | 1.74 | 4.58 |
| 7/9/2020 | 1.74 | 4.32 |
| 4/1/2020 | 1.74 | 4.56 |
| 1/9/2020 | 1.74 | 3.75 |
| 10/10/2019 | 1.62 | 3.29 |
| 7/11/2019 | 1.62 | 3.5 |
| 4/4/2019 | 1.62 | 3.55 |
| 1/10/2019 | 1.62 | 3.78 |
| 10/11/2018 | 1.51 | 3.88 |
| 7/12/2018 | 1.51 | 3.89 |
| 4/4/2018 | 1.51 | 3.78 |
| 1/11/2018 | 1.51 | 3.54 |
| 10/12/2017 | 1.31 | 2.87 |
| 7/13/2017 | 1.31 | 2.81 |
| 4/6/2017 | 1.31 | 2.6 |
| 1/12/2017 | 1.31 | 2.77 |
| 10/13/2016 | 1.14 | 2.56 |
| 7/14/2016 | 1.14 | 2.39 |
| 4/7/2016 | 1.14 | 2.67 |
| 1/7/2016 | 1.14 | 3.03 |
| 10/16/2015 | 0.99 | 2.7 |
| 7/9/2015 | 0.99 | 2.55 |
| 4/16/2015 | 0.99 | 2.32 |
| 1/8/2015 | 0.99 | 2.08 |
| 10/17/2014 | 0.86 | 1.84 |
| 7/9/2014 | 0.86 | 1.82 |
| 4/16/2014 | 0.86 | 1.63 |
| 1/9/2014 | 0.86 | 1.69 |
| 10/21/2013 | 0.75 | 1.58 |
| 7/10/2013 | 0.75 | 1.67 |
| 4/19/2013 | 0.75 | 1.64 |
| 1/10/2013 | 0.75 | 1.72 |
| 10/18/2012 | 0.66 | 1.71 |
| 7/11/2012 | 0.66 | 1.74 |
| 4/11/2012 | 0.66 | 1.81 |
| 1/12/2012 | 0.66 | 2.01 |
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.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (53.9%), ACO.X's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (24.9%), ACO.X's dividend payments are well covered by cash flows.