ATCO Dividend
Dividend criteria checks 5/6
ATCO is a dividend paying company with a current yield of 4.91% that is well covered by earnings. Next payment date is on 30th June, 2024 with an ex-dividend date of 30th May, 2024.
Key information
4.9%
Dividend yield
52%
Payout ratio
| Industry average yield | 3.9% |
| Next dividend pay date | 30 Jun 24 |
| Ex dividend date | 30 May 24 |
| Dividend per share | n/a |
| Earnings per share | CA$3.67 |
| Dividend yield forecast in 3Y | 5.1% |
Recent dividend updates
ATCO (TSE:ACO.X) Is Increasing Its Dividend To CA$0.4898
Feb 09
ATCO (TSE:ACO.X) Will Pay A Larger Dividend Than Last Year At CA$0.4898
Jan 19Recent updates
ATCO (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 30ATCO's (TSE:ACO.X) Upcoming Dividend Will Be Larger Than Last Year's
Feb 04ATCO (TSE:ACO.X) Has Announced That It Will Be Increasing Its Dividend To CA$0.46
Jan 21Does ATCO (TSE:ACO.X) Have A Healthy Balance Sheet?
Oct 28ATCO Ltd.'s (TSE:ACO.X) Intrinsic Value Is Potentially 32% Above Its Share Price
Jul 28ATCO (TSE:ACO.X) Hasn't Managed To Accelerate Its Returns
Jul 15Upcoming Dividend Payment
Stability 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) | 4.9% |
| Market Bottom 25% (CA) | 1.9% |
| Market Top 25% (CA) | 6.4% |
| Industry Average (Integrated Utilities) | 3.9% |
| Analyst forecast in 3 Years (ACO.X) | 5.1% |
Notable Dividend: ACO.X's dividend (4.91%) is higher than the bottom 25% of dividend payers in the Canadian market (1.93%).
High Dividend: ACO.X's dividend (4.91%) is low compared to the top 25% of dividend payers in the Canadian market (6.39%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (52.5%), ACO.X's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (54%), ACO.X's dividend payments are covered by cash flows.