Altron Dividend
Dividend criteria checks 1/6
Altron is a dividend paying company with a current yield of 3.86%.
Key information
3.9%
Dividend yield
123%
Payout ratio
| Industry average yield | 5.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | R0.36 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Altron (JSE:AEL) Has Announced That Its Dividend Will Be Reduced To ZAR0.19
May 18
Is 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 fallen over the past 10 years.
Dividend Yield vs Market
| Altron Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (AEL) | 3.9% |
| Market Bottom 25% (ZA) | 4.0% |
| Market Top 25% (ZA) | 9.2% |
| Industry Average (IT) | 5.4% |
| Analyst forecast in 3 Years (AEL) | n/a |
Notable Dividend: AEL's dividend (3.86%) isn’t notable compared to the bottom 25% of dividend payers in the ZA market (3.96%).
High Dividend: AEL's dividend (3.86%) is low compared to the top 25% of dividend payers in the ZA market (9.15%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (123.4%), AEL's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (24.7%), AEL's dividend payments are well covered by cash flows.