Altron (JSE:AEL) Dividend Payout Ratio : 0.38 (As of Aug. 2023)

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What is Altron Dividend Payout Ratio?

Altron's dividend payout ratio for the months ended in Aug. 2023 was 0.38.

The historical rank and industry rank for Altron's Dividend Payout Ratio or its related term are showing as below:

JSE:AEL' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.16 Med: 0.83 Max: 1.92
Current: 0.64

During the past 13 years, the highest Dividend Payout Ratio of Altron was 1.92. The lowest was 0.16. And the median was 0.83.

JSE:AEL's Dividend Payout Ratio is ranked worse than
76.95% of 833 companies
in the Software industry
Industry Median: 0.36 vs JSE:AEL: 0.64

As of today (2024-05-22), the Dividend Yield % of Altron is 3.75%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Altron was 7.84%. The lowest was 1.00%. And the median was 3.74%.

Altron's Dividends per Share for the months ended in Aug. 2023 was R0.19.

During the past 12 months, Altron's average Dividends Per Share Growth Rate was 16.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -18.90% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Altron was -3.30% per year. The lowest was -18.90% per year. And the median was -7.70% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Altron Dividend Payout Ratio Historical Data

The historical data trend for Altron's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Altron Dividend Payout Ratio Chart

Altron Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Dividend Payout Ratio

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0.16

1.92

1.60

0.43

0.83

Altron Semi-Annual Data
	Feb14	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23
Dividend Payout Ratio	Get a 7-Day Free Trial															1.36	0.18	0.55	3.20	0.38

Competitive Comparison of Altron's Dividend Payout Ratio

For the Information Technology Services subindustry, Altron's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Altron's Dividend Payout Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Altron's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Altron's Dividend Payout Ratio falls into.

Altron Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Altron's Dividend Payout Ratio for the fiscal year that ended in Feb. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Feb. 2023 )	/	EPS without NRI (A: Feb. 2023 )
	=	0.39	/	0.47
	=	0.83

Altron's Dividend Payout Ratio for the quarter that ended in Aug. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Aug. 2023 )	/	EPS without NRI (Q: Aug. 2023 )
	=	0.19	/	0.5
	=	0.38

Altron (JSE:AEL) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Altron Dividend Payout Ratio Related Terms

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Altron (JSE:AEL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Altron Ltd (JSE:AEL) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

RY7A:Germany

Address

20 Woodlands Drive, Altron Campus, Woodlands Office Park, Woodmead, GT, ZAF, 2191

Website

https://www.altron.com

Altron Ltd provides integrated ICT solutions to businesses, governments, and consumers. Its segments are Digital Transformation, Managed Services, and Own Platforms. It has a direct presence in South Africa, the rest of Africa, Europe, the Middle East, and Australia. Most of the group's revenue is derived from the local market in South Africa.