Alta Equipment Group Dividends and Buybacks
Dividend criteria checks 2/6
Alta Equipment Group is a dividend paying company with a current yield of 2.83%. Next payment date is on 29th November, 2024 with an ex-dividend date of 15th November, 2024.
Key information
2.8%
Dividend yield
0.7%
Buyback Yield
| Total Shareholder Yield | 3.6% |
| Future Dividend Yield | 2.8% |
| Dividend Growth | 30.4% |
| Next dividend pay date | 29 Nov 24 |
| Ex dividend date | 15 Nov 24 |
| Dividend per share | €0.209 |
| Payout ratio | -13% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 4ZL has been paying a dividend for less than 10 years.
Growing Dividend: 4ZL has only been paying a dividend for 2 years, and since then payments have not increased.
Dividend Yield vs Market
| Alta Equipment Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (4ZL) | 2.8% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Trade Distributors) | 2.1% |
| Analyst forecast (4ZL) (up to 3 years) | 2.8% |
Notable Dividend: 4ZL's dividend (2.83%) is higher than the bottom 25% of dividend payers in the German market (1.76%).
High Dividend: 4ZL's dividend (2.83%) is low compared to the top 25% of dividend payers in the German market (4.76%).
Earnings Payout to Shareholders
Earnings Coverage: 4ZL is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (19%), 4ZL's dividend payments are well covered by cash flows.