ALD is a dividend paying company with a current yield of 6.41% 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
6.4%
Dividend yield
39%
Payout ratio
Industry average yield
4.4%
Next dividend pay date
04 Jun 24
Ex dividend date
31 May 24
Dividend per share
n/a
Earnings per share
€0.86
Dividend yield forecast in 3Y
10.2%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ALDP has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: ALDP 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 ALDP dividend yield compare to the market?
Segment
Dividend Yield
Company (ALDP)
6.4%
Market Bottom 25% (GB)
2.1%
Market Top 25% (GB)
5.7%
Industry Average (Transportation)
4.4%
Analyst forecast in 3 Years (ALDP)
10.2%
Notable Dividend: ALDP's dividend (6.41%) is higher than the bottom 25% of dividend payers in the UK market (2.06%).
High Dividend: ALDP's dividend (6.41%) is in the top 25% of dividend payers in the UK market (5.67%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39.4%), ALDP's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: ALDP is paying a dividend but the company has no free cash flows.