Alteo Dividend
Dividend criteria checks 2/6
Alteo is a dividend paying company with a current yield of 2.44% that is well covered by earnings.
Key information
2.4%
Dividend yield
7%
Payout ratio
Industry average yield | 4.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | MU₨3.63 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ALTG.N0000's dividend payments have been volatile in the past 10 years.
Growing Dividend: ALTG.N0000's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
Alteo Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (ALTG.N0000) | 2.4% |
Market Bottom 25% (MU) | 3.3% |
Market Top 25% (MU) | 6.1% |
Industry Average (Industrials) | 4.8% |
Analyst forecast in 3 Years (ALTG.N0000) | n/a |
Notable Dividend: ALTG.N0000's dividend (2.44%) isn’t notable compared to the bottom 25% of dividend payers in the MU market (3.29%).
High Dividend: ALTG.N0000's dividend (2.44%) is low compared to the top 25% of dividend payers in the MU market (6.07%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (6.6%), ALTG.N0000's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (19%), ALTG.N0000's dividend payments are well covered by cash flows.