AB Amber Grid Dividend
What is AB Amber Grid current dividend yield, its reliability and sustainability?
Dividend Score 2/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
|AB Amber Grid Dividend Yield vs Market|
|Market Bottom 25% (LT)||3.6%|
|Market Top 25% (LT)||6.7%|
|Industry Average (Gas Utilities)||5.3%|
|Analyst forecast in 3 Years (AMG1L)||n/a|
Notable Dividend: AMG1L's dividend (4.57%) is higher than the bottom 25% of dividend payers in the LT market (3.75%).
High Dividend: AMG1L's dividend (4.57%) is low compared to the top 25% of dividend payers in the LT market (6.76%).
Stability and Growth of Payments
Stable Dividend: AMG1L has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: AMG1L's dividend payments have increased, but the company has only paid a dividend for 9 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (55.7%), AMG1L's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: AMG1L is paying a dividend but the company has no free cash flows.