Altron Dividend
Dividend criteria checks 3/6
Altron is a dividend paying company with a current yield of 3.52% that is well covered by earnings.
Key information
3.5%
Dividend yield
51%
Payout ratio
Industry average yield | 4.7% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | R0.580 |
Earnings per share | R1.14 |
Dividend yield forecast in 3Y | 5.5% |
Recent dividend updates
Altron (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 18Recent updates
Is 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 fallen over the past 10 years.
Dividend Yield vs Market
Altron Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (AEL) | 3.5% |
Market Bottom 25% (ZA) | 3.4% |
Market Top 25% (ZA) | 8.5% |
Industry Average (IT) | 4.7% |
Analyst forecast in 3 Years (AEL) | 5.5% |
Notable Dividend: AEL's dividend (3.52%) is higher than the bottom 25% of dividend payers in the ZA market (3.45%).
High Dividend: AEL's dividend (3.52%) is low compared to the top 25% of dividend payers in the ZA market (8.53%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (50.7%), AEL's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (26.5%), AEL's dividend payments are well covered by cash flows.