Altron Dividend
Dividend criteria checks 3/6
Altron is a dividend paying company with a current yield of 3.35% that is well covered by earnings.
Key information
3.4%
Dividend yield
51%
Payout ratio
Industry average yield | 2.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | €0.580 |
Earnings per share | €1.14 |
Dividend yield forecast | 4.5% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: RY7A's dividend payments have been volatile in the past 10 years.
Growing Dividend: RY7A's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
Altron Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (RY7A) | 3.4% |
Market Bottom 25% (DE) | 1.6% |
Market Top 25% (DE) | 4.7% |
Industry Average (IT) | 2.9% |
Analyst forecast (RY7A) (up to 3 years) | 4.5% |
Notable Dividend: RY7A's dividend (3.35%) is higher than the bottom 25% of dividend payers in the German market (1.59%).
High Dividend: RY7A's dividend (3.35%) is low compared to the top 25% of dividend payers in the German market (4.71%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (50.7%), RY7A's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (26.5%), RY7A's dividend payments are well covered by cash flows.