Algoma Central Dividends

ALC Stock  CAD 19.50  0.11  0.57%   
As of the 3rd of February 2026, Dividend Paid And Capex Coverage Ratio is likely to grow to 1.29, though Dividends Paid is likely to grow to (25.4 M). 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.
 
Number Of Dividends  
Years Issued
30
Previous Year
4 Times
Current Year
4 Times
Year Average
4.03
Volatility
0.32
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
Last ReportedProjected for Next Year
Dividends Paid-26.8 M-25.4 M
Dividend Yield 0.05  0.03 
Dividend Payout Ratio 0.32  0.29 
Dividend Paid And Capex Coverage Ratio 0.91  1.29 
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.
$0.38
Bottom Scenario
C$0.39
$0.39
Top Scenario
One Year
Algoma Central expected dividend income per share adjusted for ongoing price standard deviation

Algoma Central Past Distributions to stockholders

Understanding that Algoma Central's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Algoma Central represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. In contrast, Algoma Central's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.

Compare Dividends Across Peers

Specify up to 10 symbols: