ALTA Dividends and Buybacks
Dividend criteria checks 2/6
ALTA is a dividend paying company with a current yield of 7.3% that is well covered by earnings.
Key information
7.3%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 20.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₫1.000k |
| Payout ratio | 66% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, ALT has been paying a dividend for less than 10 years.
Growing Dividend: ALT's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| ALTA Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ALT) | 7.3% |
| Market Bottom 25% (VN) | 3.4% |
| Market Top 25% (VN) | 8.2% |
| Industry Average (Industrials) | 3.2% |
| Analyst forecast (ALT) (up to 3 years) | n/a |
Notable Dividend: ALT's dividend (7.3%) is higher than the bottom 25% of dividend payers in the VN market (3.44%).
High Dividend: ALT's dividend (7.3%) is low compared to the top 25% of dividend payers in the VN market (8.2%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (66.1%), ALT's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate ALT's cash payout ratio to determine if its dividend payments are covered by cash flows.