AltaGas Dividends and Buybacks
Dividend criteria checks 2/6
AltaGas is a dividend paying company with a current yield of 3.38% that is well covered by earnings. Next payment date is on 31st December, 2024 with an ex-dividend date of 16th December, 2024.
Key information
3.4%
Dividend yield
-0.6%
Buyback Yield
| Total Shareholder Yield | 2.8% |
| Future Dividend Yield | 3.7% |
| Dividend Growth | -1.7% |
| Next dividend pay date | 31 Dec 24 |
| Ex dividend date | 16 Dec 24 |
| Dividend per share | €1.190 |
| Payout ratio | 70% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: AQ3's dividend payments have been volatile in the past 10 years.
Growing Dividend: AQ3's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| AltaGas Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (AQ3) | 3.4% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Gas Utilities) | 6.6% |
| Analyst forecast (AQ3) (up to 3 years) | 3.7% |
Notable Dividend: AQ3's dividend (3.38%) is higher than the bottom 25% of dividend payers in the German market (1.73%).
High Dividend: AQ3's dividend (3.38%) is low compared to the top 25% of dividend payers in the German market (4.82%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (70.4%), AQ3's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: AQ3 is paying a dividend but the company has no free cash flows.