Alpha Services and Holdings Dividends and Buybacks
Dividend criteria checks 3/6
Alpha Services and Holdings is a dividend paying company with a current yield of 1.7% that is well covered by earnings.
Key information
1.7%
Dividend yield
-7.3%
Buyback Yield
| Total Shareholder Yield | -5.6% |
| Future Dividend Yield | 11.8% |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$0.026 |
| Payout ratio | 13% |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether ALBK.F's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if ALBK.F's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Alpha Services and Holdings Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ALBK.F) | 1.7% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Banks) | 2.5% |
| Analyst forecast (ALBK.F) (up to 3 years) | 11.8% |
Notable Dividend: ALBK.F's dividend (1.7%) is higher than the bottom 25% of dividend payers in the US market (1.37%).
High Dividend: ALBK.F's dividend (1.7%) is low compared to the top 25% of dividend payers in the US market (4.21%).
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (12.6%), ALBK.F's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ALBK.F's dividends in 3 years are forecast to be well covered by earnings (49.3% payout ratio).