Algoma Central Dividends

ALC Stock  CAD 15.07  0.10  0.66%   
At this time, Algoma Central's Dividends Paid is very stable compared to the past year. As of the 26th of November 2024, Dividend Yield is likely to grow to 0.14, while Dividend Paid And Capex Coverage Ratio is likely to drop 0.60. Algoma Central's past performance could be the main factor of why investors trade Algoma Central stock today. Investors should clearly understand every aspect of the Algoma Central dividend schedule, including its future sustainability, and how it might impact an overall investment strategy. This tool is helpful to digest Algoma Central's dividend schedule and payout information. Algoma Central dividends can also provide a clue to the current valuation of Algoma Central.
Last ReportedProjected for Next Year
Dividends Paid77.1 M81 M
Dividend Yield 0.13  0.14 
Dividend Payout Ratio 0.93  0.98 
Dividend Paid And Capex Coverage Ratio 0.63  0.60 
One of the primary advantages of investing in dividend-paying companies such as Algoma Central is that dividends usually grow steadily over time. As a result, well-established companies that pay dividends typically increase their dividend payouts yearly, which many long-term traders find attractive.
  
Investing in dividend-paying stocks, such as Algoma Central is one of the few strategies that are good for long-term investment. Ex-dividend dates are significant because investors in Algoma Central must own a stock before its ex-dividend date to receive its next dividend.

Algoma Central Past Distributions to stockholders

Please note, there is a significant difference between Algoma Central's value and its price as these two are different measures arrived at by different means. Investors typically determine if Algoma Central is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Algoma Central's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Compare Dividends Across Peers

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