AlzChem Group is a dividend paying company with a current yield of 2.62% that is well covered by earnings. Next payment date is on 10th May, 2024 with an ex-dividend date of 8th May, 2024.
Key information
2.6%
Dividend yield
35%
Payout ratio
Industry average yield
5.1%
Next dividend pay date
10 May 24
Ex dividend date
08 May 24
Dividend per share
n/a
Earnings per share
€3.40
Dividend yield forecast in 3Y
3.7%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ACT has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: ACT's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
AlzChem Group Dividend Yield vs Market
How does ACT dividend yield compare to the market?
Segment
Dividend Yield
Company (ACT)
2.6%
Market Bottom 25% (DE)
1.7%
Market Top 25% (DE)
4.8%
Industry Average (Chemicals)
5.1%
Analyst forecast in 3 Years (ACT)
3.7%
Notable Dividend: ACT's dividend (2.62%) is higher than the bottom 25% of dividend payers in the German market (1.65%).
High Dividend: ACT's dividend (2.62%) is low compared to the top 25% of dividend payers in the German market (4.77%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (35.2%), ACT's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (23.4%), ACT's dividend payments are well covered by cash flows.