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 Yieldn/a
Future Dividend Yieldn/a
Dividend Growth31.0%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharePK₨12.450
Payout ratio123%

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
How does ALTN dividend yield compare to the market?
SegmentDividend 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.


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