AltaGas Dividend
Dividend criteria checks 2/6
AltaGas is a dividend paying company with a current yield of 4.03% that is well covered by earnings.
Key information
4.0%
Dividend yield
53%
Payout ratio
| Industry average yield | 6.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | €1.97 |
| Dividend yield forecast | 4.6% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: AQ30's dividend payments have been volatile in the past 10 years.
Growing Dividend: AQ30's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| AltaGas Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (AQ30) | 4.0% |
| Market Bottom 25% (DE) | 1.6% |
| Market Top 25% (DE) | 4.7% |
| Industry Average (Gas Utilities) | 6.6% |
| Analyst forecast (AQ30) (up to 3 years) | 4.6% |
Notable Dividend: AQ30's dividend (4.03%) is higher than the bottom 25% of dividend payers in the German market (1.58%).
High Dividend: AQ30's dividend (4.03%) is low compared to the top 25% of dividend payers in the German market (4.98%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (53.5%), AQ30's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: AQ30 is paying a dividend but the company has no free cash flows.