Altern Energy Dividends and Buybacks
Dividend criteria checks 3/6
Altern Energy is a dividend paying company with a current yield of 64.84%.
Key information
64.8%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 31.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | PK₨12.450 |
| Payout ratio | 123% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ALTN's dividend payments have been volatile in the past 10 years.
Growing Dividend: ALTN's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Altern Energy Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ALTN) | 64.8% |
| Market Bottom 25% (PK) | 3.2% |
| Market Top 25% (PK) | 9.8% |
| Industry Average (Renewable Energy) | 18.8% |
| Analyst forecast (ALTN) (up to 3 years) | n/a |
Notable Dividend: ALTN's dividend (64.84%) is higher than the bottom 25% of dividend payers in the PK market (3.21%).
High Dividend: ALTN's dividend (64.84%) is in the top 25% of dividend payers in the PK market (9.75%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (123%), ALTN's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (113.4%), ALTN's dividend payments are not well covered by cash flows.