ALD is a dividend paying company with a current yield of 7.59% that is well covered by earnings. Next payment date is on 4th June, 2024 with an ex-dividend date of 31st May, 2024.
Key information
7.6%
Dividend yield
39%
Payout ratio
Industry average yield
4.6%
Next dividend pay date
04 Jun 24
Ex dividend date
31 May 24
Dividend per share
n/a
Earnings per share
€1.04
Dividend yield forecast in 3Y
11.9%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 3AL has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 3AL has only been paying a dividend for 6 years, and since then payments have fallen.
Dividend Yield vs Market
ALD Dividend Yield vs Market
How does 3AL dividend yield compare to the market?
Segment
Dividend Yield
Company (3AL)
7.6%
Market Bottom 25% (DE)
1.7%
Market Top 25% (DE)
4.8%
Industry Average (Transportation)
4.6%
Analyst forecast in 3 Years (3AL)
11.9%
Notable Dividend: 3AL's dividend (7.59%) is higher than the bottom 25% of dividend payers in the German market (1.65%).
High Dividend: 3AL's dividend (7.59%) is in the top 25% of dividend payers in the German market (4.77%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39.4%), 3AL's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 3AL is paying a dividend but the company has no free cash flows.