Altron Dividends and Buybacks
Dividend criteria checks 3/6
Altron is a dividend paying company with a current yield of 4.03% that is well covered by earnings. Last payment was on 25th November, 2024 with an ex-dividend date of 20th November, 2024.
Key information
4.0%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 3.9% |
| Dividend Growth | 6.7% |
| Next dividend pay date | 25 Nov 24 |
| Ex dividend date | 20 Nov 24 |
| Dividend per share | R0.800 |
| Payout ratio | 42% |
Recent dividend and buyback updates
Altron (JSE:AEL) Is Increasing Its Dividend To ZAR0.33
May 23
Altron (JSE:AEL) Has Announced That Its Dividend Will Be Reduced To ZAR0.19
May 18Recent updates
Altron Limited's (JSE:AEL) Shares Climb 26% But Its Business Is Yet to Catch Up
Jul 28Is Altron (JSE:AEL) Using Too Much Debt?
Jun 25Altron (JSE:AEL) Is Increasing Its Dividend To ZAR0.33
May 23Altron (JSE:AEL) Has Announced That Its Dividend Will Be Reduced To ZAR0.19
May 18Is Altron (JSE:AEL) A Risky Investment?
Jun 17We Discuss Why Allied Electronics Corporation Limited's (JSE:AEL) CEO Compensation May Be Closely Reviewed
Jul 21There May Be Reason For Hope In Allied Electronics' (JSE:AEL) Disappointing Earnings
May 23Need To Know: Allied Electronics Corporation Limited (JSE:AEL) Insiders Have Been Selling Shares
Mar 18How Does Allied Electronics' (JSE:AEL) CEO Salary Compare to Peers?
Dec 16How Many Allied Electronics Corporation Limited (JSE:AEL) Shares Have Insiders Sold, In The Last Year?
Dec 03With EPS Growth And More, Allied Electronics (JSE:AEL) Is Interesting
Nov 19Stability and Growth of Payments
Fetching dividends data
Stable Dividend: AEL's dividend payments have been volatile in the past 10 years.
Growing Dividend: AEL's dividend payments have not increased over the past 10 years.
Dividend Yield vs Market
| Altron Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (AEL) | 4.0% |
| Market Bottom 25% (ZA) | 3.2% |
| Market Top 25% (ZA) | 8.0% |
| Industry Average (IT) | 4.8% |
| Analyst forecast (AEL) (up to 3 years) | 3.9% |
Notable Dividend: AEL's dividend (4.03%) is higher than the bottom 25% of dividend payers in the ZA market (3.2%).
High Dividend: AEL's dividend (4.03%) is low compared to the top 25% of dividend payers in the ZA market (7.97%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (41.8%), AEL's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (37.4%), AEL's dividend payments are well covered by cash flows.