Altius Minerals Dividends and Buybacks
Dividend criteria checks 3/6
Altius Minerals is a dividend paying company with a current yield of 1.38%. Next payment date is on 16th December, 2024 with an ex-dividend date of 29th November, 2024.
Key information
1.4%
Dividend yield
1.2%
Buyback Yield
| Total Shareholder Yield | 2.6% |
| Future Dividend Yield | 1.4% |
| Dividend Growth | 4.9% |
| Next dividend pay date | 16 Dec 24 |
| Ex dividend date | 29 Nov 24 |
| Dividend per share | €0.360 |
| Payout ratio | 116% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: VTM's dividends per share have been stable in the past 10 years.
Growing Dividend: VTM's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Altius Minerals Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (VTM) | 1.4% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Metals and Mining) | 2.7% |
| Analyst forecast (VTM) (up to 3 years) | 1.4% |
Notable Dividend: VTM's dividend (1.38%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.67%).
High Dividend: VTM's dividend (1.38%) is low compared to the top 25% of dividend payers in the German market (4.81%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (116%), VTM's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (54.6%), VTM's dividend payments are covered by cash flows.