Algoma Central Dividend
Algoma Central Dividend history 25 years
Dividend Analysis of the Algoma Central Stock
| Current dividend yield | 2.7 % |
| Dividendenrendite 5 Jahre | 2.06 % |
| Dividend Yield 10Y | 3.54 % |
| Payout 3Y | 8.07 % |
When does Algoma Central pay a dividend?
The Algoma Central stock dividend is paid 4 times a year. In order to receive a dividend, you should generally own the Algoma Central stock before the ex-dividend date. The Dividend Calendar shows that the last ex-day dates were February, May, August and November . Dividends from Algoma Central are distributed via March, June, September and December.
| Year | Dividend | Ex-day & Payday |
Frequency | |
|---|---|---|---|---|
| Fiscal Year | Dividend per Share | Ex-Day | Payday | Payment frequency |
| 2024 |
CAD0.19
CAD0.19
|
Nov 18 2024
Nov 18 2024
Dec 02 2024
Nov 18 24
Dec 02 24 |
Dec 02 2024 |
quarterly
quarterly
|
| 2024 |
CAD0.19
CAD0.19
|
Aug 20 2024
Aug 20 2024
Sep 03 2024
Aug 20 24
Sep 03 24 |
Sep 03 2024 |
quarterly
quarterly
|
| 2024 |
CAD0.19
CAD0.19
|
May 16 2024
May 16 2024
Jun 03 2024
May 16 24
Jun 03 24 |
Jun 03 2024 |
quarterly
quarterly
|
| 2024 |
CAD0.19
CAD0.19
|
Feb 15 2024
Feb 15 2024
Mar 01 2024
Feb 15 24
Mar 01 24 |
Mar 01 2024 |
quarterly
quarterly
|
| 2023 |
CAD0.18
CAD0.18
|
Nov 16 2023
Nov 16 2023
Dec 01 2023
Nov 16 23
Dec 01 23 |
Dec 01 2023 |
quarterly
quarterly
|
| 2023 |
CAD0.18
CAD0.18
|
Aug 17 2023
Aug 17 2023
Sep 01 2023
Aug 17 23
Sep 01 23 |
Sep 01 2023 |
quarterly
quarterly
|
| 2023 |
CAD0.18
CAD0.18
|
May 17 2023
May 17 2023
Jun 01 2023
May 17 23
Jun 01 23 |
Jun 01 2023 |
quarterly
quarterly
|
| 2023 |
CAD0.18
CAD0.18
|
Feb 14 2023
Feb 14 2023
Mar 01 2023
Feb 14 23
Mar 01 23 |
Mar 01 2023 |
quarterly
quarterly
|
| 2023 |
CAD1.35
CAD1.35
|
Jan 03 2023
Jan 03 2023
Jan 18 2023
Jan 03 23
Jan 18 23 |
Jan 18 2023 |
Special dividend
Special div.
|
| 2022 |
CAD0.1574
CAD0.16
|
Nov 16 2022
Nov 16 2022
Dec 01 2022
Nov 16 22
Dec 01 22 |
Dec 01 2022 |
quarterly
quarterly
|
How much dividend does Algoma Central pay?
Algoma Central most recently paid a dividend of CAD0.19. Algoma Central paid a Dividend of CAD0.76 Per Share in the financial year 2024. With a stock price of CAD15.13 at Nov 20 2024, the current dividend yield is 5.02% (calculation: CAD0.76 / CAD15.13 = 5.02%). No special dividend was paid.
What is the Algoma Central Dividend Yield and payout ratio?
The average Algoma Central dividend yield over the last 5 years is 4.52% and the average over the last 10 years is 3.66%.
The payout ratio of Algoma Central in relation to the last financial year is 96.28%. The payout ratio smoothed over 3 years is 44.45%. The calculation is based on the sum of all dividend payments divided by the cumulative earnings per share(EPS).
| Metric | Algoma Central |
|---|---|
| Current dividend yield | 5.02% |
| Dividend Yield 5Y | 4.52% |
| Dividend Yield 10Y | 3.66% |
| Payout 1Y | 96.28% |
| Payout 3Y | 44.45% |
Is the Algoma Central dividend safe? Continuity & Dividend Growth
Is the Algoma Central dividend safe?
Algoma Central has been paying a dividend for 25 years and has not lowered the dividend for 25 years (dividend continuity). As a result, the dividend was recently increased 2-times.
The Dividend Growth in relation to the previous financial year amounts to 5.56%. The average Algoma Central Dividend Growth over the last 5 years is 19.42%. The average for the last 10 years is 14.01%.
| Metric | Algoma Central |
|---|---|
| Increased | 2 Years |
| Continuity | 25 Years |
| Paid | 25 Years |
| Growth 1Y | 5.56% |
| Growth 5Y | 19.42% |
| Growth 10Y | 14.01% |
Continuity
Algoma Central has been paying a dividend for 25 years and has not lowered the dividend for 25 years (dividend continuity). As a result, the dividend was recently increased 2-times.
Dividend Growth
The Dividend Growth in relation to the previous financial year amounts to 5.56%. The average Algoma Central Dividend Growth over the last 5 years is 19.42%. The average for the last 10 years is 14.01%.
Algoma Central Stock Forecast 2024
On the stock exchange, the Algoma Central stock (ISIN: CA0156441077) is traded at November 2024 as a Top Scorer according to the dividend strategy.
The stock price of Algoma Central 1.20% has risen since the beginning of the year 2024. However, the return generated in the past says nothing about the future return. You can find the Algoma Central stock price in real time at the top of the page.
Algoma Central (symbol: ALC) is valued at a Price / Earnings Ratio (P/E ratio) of 8.17 and a price/sales ratio (P/S ratio) of 0.88 valued. Based on analyst estimates, the Algoma Central stock forecast 2024 of the current financial year corresponds to a valuation of 0.87 according to P/S.
| Metric | Algoma Central |
|---|---|
| Dividend Score | ??/15 |
| Performance 2024 |
1.20%
|
| P/E TTM | 8.17 |
| P/S TTM | 0.88 |
| P/S forward | 0.87 |
Algoma Central (symbol: ALC) is valued at a Price / Earnings Ratio (P/E ratio) of 8.17 and a price/sales ratio (P/S ratio) of 0.88 valued. Based on analyst estimates, the Algoma Central stock forecast 2024 of the current financial year corresponds to a valuation of 0.87 according to P/S.
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