Altern Energy Dividend
Dividend criteria checks 4/6
Altern Energy is a dividend paying company with a current yield of 22.21%.
Key information
22.2%
Dividend yield
90%
Payout ratio
Industry average yield | 23.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | PK₨10.49 |
Dividend yield forecast in 3Y | n/a |
Recent dividend 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) | 22.2% |
Market Bottom 25% (PK) | 4.0% |
Market Top 25% (PK) | 13.0% |
Industry Average (Renewable Energy) | 23.9% |
Analyst forecast in 3 Years (ALTN) | n/a |
Notable Dividend: ALTN's dividend (22.21%) is higher than the bottom 25% of dividend payers in the PK market (3.99%).
High Dividend: ALTN's dividend (22.21%) is in the top 25% of dividend payers in the PK market (12.97%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (90.1%), ALTN's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (20.6%), ALTN's dividend payments are well covered by cash flows.