Algoma Central Dividends

ALC Stock

CAD 15.13 0.18 1.20%

At this time, Algoma Central's Dividends Paid is very stable compared to the past year. As of the 23rd of November 2024, Dividend Yield is likely to grow to 0.14, while Dividend Paid And Capex Coverage Ratio is likely to drop 0.53. 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 Reported	Projected for Next Year
Dividends Paid	77.1 M	81 M
Dividend Yield	0.13	0.14
Dividend Payout Ratio	0.93	0.98
Dividend Paid And Capex Coverage Ratio	0.56	0.53

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 Expected Dividend Income Per Share

Dividend payment represents part of Algoma Central's profit that is distributed to its stockholders. It is considered income for that tax year rather than a capital gain. In other words, a dividend is a prize given to shareholders for investing in Algoma Central. Algoma Central's board of directors can pay out dividends at a planned frequency, such as monthly or quarterly.

$0.82

Bottom Scenario

C$0.87

$0.93

Top Scenario

One Year

Algoma Central expected dividend income per share adjusted for ongoing price standard deviation

Algoma Central Past Distributions to stockholders

	3rd of June 2024	0.19
	1st of March 2024	0.19
	1st of December 2023	0.18
	1st of September 2023	0.18
	1st of June 2023	0.18
	1st of March 2023	0.18
	18th of January 2023	1.35
	1st of December 2022	0.17

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.

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Algoma Central Dividends

Algoma Central Expected Dividend Income Per Share

Algoma Central Past Distributions to stockholders

Compare Dividends Across Peers

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