Algoma Central (AGMJF) Dividend: History, Dates & Yield - 2024
Tags:Dividend History
Algoma Central announced a quarterly dividend of $0.14 per ordinary share, payable on 2024-12-02, with an ex-dividend date of 2024-11-18. Algoma Central typically pays dividends six times a year, compared to $0.55 in 2024.
Find details on Algoma Central's dividend performance with a comprehensive history of past and upcoming payments.
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-11-18 | $0.14 | quarterly | 2024-12-02 |
| 2024-08-20 | $0.14 | quarterly | 2024-09-03 |
| 2024-05-16 | $0.14 | quarterly | 2024-06-03 |
| 2024-02-15 | $0.14 | quarterly | 2024-03-01 |
| 2023-11-16 | $0.13 | quarterly | 2023-12-01 |
| 2023-08-17 | $0.13 | quarterly | 2023-09-01 |
| 2023-05-17 | $0.13 | quarterly | 2023-06-01 |
| 2023-02-14 | $0.13 | quarterly | 2023-03-01 |
| 2023-01-03 | $0.99 | quarterly | 2023-01-18 |
| 2022-11-16 | $0.13 | quarterly | 2022-12-01 |
Dividend Increase
Algoma Central's dividend growth over the last five years (2020-2024) was 47.07% per year, while over the last ten years (2015-2024), it was 44.40% per year. In comparison, AMKBF has seen an average growth rate of 128.07% over the past five years and NYUKF's growth rate was 186.54%.
By comparing Algoma Central's dividend growth to other companies, investors can gain insight into how consistent its dividend strategy is and what that means for future payouts. However, dividend growth is just one factor to consider. Investors should also evaluate other metrics, such as earnings growth, payout ratio, and overall financial health, to get a full picture of Walmart's dividend sustainability and potential.
Dividend Yield
Algoma Central's current trailing twelve-month (TTM) dividend yield is 5.42%. Over the last 12 months, Algoma Central has maintained this yield, but how does it compare to similar stocks? For example, AMKBF offers a yield of 5.18%, while NYUKF provides a yield of 0.03%. Comparing similar stocks can help investors assess Algoma Central's yield and make more informed decisions.
| Company | Dividend Yield | Annual Dividend | Stock Price |
|---|---|---|---|
| Algoma Central (AGMJF) | 5.42% | $0.5549600000000001 | $10.23 |
| AMKBF (AMKBF) | 5.18% | $78.6592 | $1453 |
| NYUKF (NYUKF) | 0.03% | $1.44113 | $34.66 |
Dividend Yield Calculator
Interested in purchasing Algoma Central stock? Use our calculator to estimate your expected dividend yield and see how Walmart's consistent payouts could contribute to your long-term investment goals. Understanding your potential returns can help you make an informed decision.
Payout Ratio
Algoma Central has a payout ratio of 0.39%. In comparison, DMCOF has a payout ratio of 0.24%, while WSSTF's payout ratio is -0.02%.
It's important to note that the payout ratio is just one of many metrics investors use to assess a company's dividend sustainability and growth potential. It should be considered alongside other financial indicators such as earnings, cash flow, and debt levels to gain a complete picture of the company's financial health.
About Algoma Central
- Global presence Company operates in multiple countries and serves customers worldwide
- Key Segments Company operates in sectors such as technology, healthcare, and consumer goods
- Products/services Offers a range of products including software, pharmaceuticals, and household appliances
- Financial stability Company has a strong track record of consistent performance and stable dividend payouts.
Frequently Asked Question
How much is the next Algoma Central dividend?
Algoma Central's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Algoma Central dividend. The next Algoma Central dividend will be released in January, February, May, August, or November.
When is Algoma Central dividend paid?
Algoma Central pays dividends on a quarterly basis. The specific dates may vary each year but are generally around January, February, May, August, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Algoma Central pay?
The specific amount of Algoma Central dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Algoma Central's dividend history.
Does Algoma Central stock pay dividends?
Yes, Algoma Central does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Algoma Central's dividend history.
How much dividend does Algoma Central pay?
Algoma Central paid $0.0 in 2025, $0.555 in 2024, $1.528 in 2023, $0.525 in 2022, $0.545 in 2021, and $2.513 in 2020.
How often does Algoma Central pay dividends?
Algoma Central typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around January, February, May, August, and November.
What is Algoma Central's dividend yield?
The current dividend yield for Algoma Central is 5.42%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Algoma Central's exact dividend yield.
When does Algoma Central go ex dividend?
Algoma Central's ex-dividend date for the latest dividend was on 2024-11-18. Algoma Central typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Algoma Central dividend paid?
Algoma Central pays dividends on a quarterly basis, typically around January, February, May, August, or November, but the exact dates can vary each year.
Will Algoma Central increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Algoma Central will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Algoma Central dividend per share?
Algoma Central paid $0.0 per share in 2025 and $0.555 per share in 2024. The amount of dividend per share that Algoma Central pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Algoma Central a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Algoma Central a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Algoma Central a dividend stock?
Yes, Algoma Central is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Algoma Central a good dividend stock?
Whether Algoma Central is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Algoma Central has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Algoma Central as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating Algoma Central as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Algoma Central pay dividends monthly?
Algoma Central typically pays dividends on a quarterly basis.
Does Algoma Central pay dividends quarterly?
Algoma Central currently pays dividends on a quarterly basis.
Has Algoma Central ever paid a dividend?
Yes, Algoma Central has a history of paying dividends to its shareholders. Algoma Central is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Algoma Central dividend stocks?
To buy Algoma Central you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Algoma Central stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Algoma Central stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Algoma Central pay dividends 2024?
Algoma Central pays dividends on a quarterly basis. 2024 dividend payments are in 2024-12-02. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Algoma Central increase its dividend in 2024?
Decisions regarding Algoma Central dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Algoma Central dividend overview you can look into the above table of dividend history.
How Algoma Central dividend works?
The Algoma Central dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Algoma Central's dividend process works:
1. Determination of Dividend: Algoma Central's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Algoma Central publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Algoma Central distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Algoma Central are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: Algoma Central's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Algoma Central publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Algoma Central distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Algoma Central are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Algoma Central dividends paid?
Algoma Central dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Algoma Central sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Algoma Central distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Algoma Central declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: Algoma Central sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Algoma Central distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Algoma Central declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Algoma Central pay dividends?
Algoma Central typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Algoma Central pay dividends?
The general pattern is that Algoma Central pays dividends around January, February, May, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Algoma Central dividend safe?
The safety of Algoma Central's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Algoma Central's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Algoma Central's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of Algoma Central's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Algoma Central's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.