Algonquin Power & Utilities Dividends and Buybacks
Dividend criteria checks 3/6
Algonquin Power & Utilities is a dividend paying company with a current yield of 5.41% that is well covered by earnings. Next payment date is on 15th January, 2025 with an ex-dividend date of 31st December, 2024.
Key information
5.4%
Dividend yield
-31.2%
Buyback Yield
| Total Shareholder Yield | -25.8% |
| Future Dividend Yield | 5.4% |
| Dividend Growth | 3.1% |
| Next dividend pay date | 15 Jan 25 |
| Ex dividend date | 31 Dec 24 |
| Dividend per share | €0.260 |
| Payout ratio | 73% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 751's dividend payments have been volatile in the past 10 years.
Growing Dividend: 751's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Algonquin Power & Utilities Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (751) | 5.4% |
| Market Bottom 25% (DE) | 1.8% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Integrated Utilities) | 5.9% |
| Analyst forecast (751) (up to 3 years) | 5.4% |
Notable Dividend: 751's dividend (5.41%) is higher than the bottom 25% of dividend payers in the German market (1.76%).
High Dividend: 751's dividend (5.41%) is in the top 25% of dividend payers in the German market (4.76%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (73.5%), 751's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 751 is paying a dividend but the company has no free cash flows.