Alimak Group Dividend
Dividend criteria checks 3/6
Alimak Group is a dividend paying company with a current yield of 2.4% that is well covered by earnings. Next payment date is on 7th May, 2024 with an ex-dividend date of 30th April, 2024.
Key information
2.4%
Dividend yield
55%
Payout ratio
Industry average yield | 3.2% |
Next dividend pay date | 07 May 24 |
Ex dividend date | 30 Apr 24 |
Dividend per share | n/a |
Earnings per share | €4.93 |
Dividend yield forecast in 3Y | 3.4% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 2GP has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 2GP's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
Alimak Group Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (2GP) | 2.4% |
Market Bottom 25% (DE) | 1.6% |
Market Top 25% (DE) | 4.7% |
Industry Average (Machinery) | 3.2% |
Analyst forecast in 3 Years (2GP) | 3.4% |
Notable Dividend: 2GP's dividend (2.4%) is higher than the bottom 25% of dividend payers in the German market (1.65%).
High Dividend: 2GP's dividend (2.4%) is low compared to the top 25% of dividend payers in the German market (4.77%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (54.7%), 2GP's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (26.9%), 2GP's dividend payments are well covered by cash flows.