Alpha Trust Andromeda Investment Trust Dividend
Dividend criteria checks 4/6
Alpha Trust Andromeda Investment Trust is a dividend paying company with a current yield of 7.4% that is well covered by earnings. Next payment date is on 7th June, 2024 with an ex-dividend date of 13th May, 2024.
Key information
7.4%
Dividend yield
28%
Payout ratio
| Industry average yield | 3.2% |
| Next dividend pay date | 07 Jun 24 |
| Ex dividend date | 13 May 24 |
| Dividend per share | n/a |
| Earnings per share | €1.82 |
| 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: ANDRO has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: ANDRO's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| Alpha Trust Andromeda Investment Trust Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ANDRO) | 7.4% |
| Market Bottom 25% (GR) | 2.1% |
| Market Top 25% (GR) | 5.8% |
| Industry Average (Capital Markets) | 3.2% |
| Analyst forecast in 3 Years (ANDRO) | n/a |
Notable Dividend: ANDRO's dividend (7.4%) is higher than the bottom 25% of dividend payers in the Greek market (2.13%).
High Dividend: ANDRO's dividend (7.4%) is in the top 25% of dividend payers in the Greek market (5.85%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (28%), ANDRO's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (53.1%), ANDRO's dividend payments are covered by cash flows.