ALTEO Energy Services Dividend
Dividend criteria checks 4/6
ALTEO Energy Services is a dividend paying company with a current yield of 5.03% that is well covered by earnings. Next payment date is on 7th June, 2024 with an ex-dividend date of 28th May, 2024.
Key information
5.0%
Dividend yield
31%
Payout ratio
| Industry average yield | 3.7% |
| Next dividend pay date | 07 Jun 24 |
| Ex dividend date | 28 May 24 |
| Dividend per share | n/a |
| Earnings per share | €646.25 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 54O has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 54O's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| ALTEO Energy Services Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (54O) | 5.0% |
| Market Bottom 25% (DE) | 1.6% |
| Market Top 25% (DE) | 4.6% |
| Industry Average (Renewable Energy) | 3.7% |
| Analyst forecast in 3 Years (54O) | n/a |
Notable Dividend: 54O's dividend (5.03%) is higher than the bottom 25% of dividend payers in the German market (1.63%).
High Dividend: 54O's dividend (5.03%) is in the top 25% of dividend payers in the German market (4.61%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (31%), 54O's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (30.2%), 54O's dividend payments are well covered by cash flows.