Algoma Central Dividend
Dividend criteria checks 4/6
Algoma Central is a dividend paying company with a current yield of 5.25% that is well covered by earnings.
Key information
5.2%
Dividend yield
33%
Payout ratio
Industry average yield | 3.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | US$2.10 |
Dividend yield forecast in 3Y | 5.2% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: AGMJ.F's dividend payments have been volatile in the past 10 years.
Growing Dividend: AGMJ.F's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Algoma Central Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (AGMJ.F) | 5.2% |
Market Bottom 25% (US) | 1.5% |
Market Top 25% (US) | 4.8% |
Industry Average (Shipping) | 3.9% |
Analyst forecast in 3 Years (AGMJ.F) | 5.2% |
Notable Dividend: AGMJ.F's dividend (5.25%) is higher than the bottom 25% of dividend payers in the US market (1.55%).
High Dividend: AGMJ.F's dividend (5.25%) is in the top 25% of dividend payers in the US market (4.78%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (33.5%), AGMJ.F's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (605.8%), AGMJ.F's dividend payments are not well covered by cash flows.