AB Amber Grid Dividend

What is AB Amber Grid current dividend yield, its reliability and sustainability?

Dividend Score

2/6

Dividend Score 2/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


4.57%

Current Dividend Yield

Dividend Yield vs Market

AB Amber Grid Dividend Yield vs Market
How does AMG1L dividend yield compare to the market?
SegmentDividend Yield
Company (AMG1L)4.6%
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.


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