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Altheora SA manufactures and sells composite materials worldwide. The company offers composite materials for use in various sectors, including aeronautics, railways, and motorized equipment, as well as sports, recreation, marine, and medical. It also provides painting and industrial coatings. The company was formerly known as Mecelec Composites SA and changed its name to Altheora SA in June 2021. Altheora SA was founded in 1934 and is headquartered in Mauves, France.

Altheora Dividend Announcement

Altheora announced a annually dividend of €0.12 per ordinary share which will be made payable on . Ex dividend date: 2002-06-24
Altheora's trailing twelve-month (TTM) dividend yield is -%

Altheora Dividend History

Ex-Div dateDividend amountDividend typePay date
2002-06-24€0.12annually
2001-07-03€0.12annually

Altheora Dividend per year

Altheora Dividend Yield

Altheora current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Altheora stock? Use our calculator to estimate your expected dividend yield:

Altheora Financial Ratios

P/E ratio-1.84
PEG ratio-0.03
P/B ratio0.40
ROE-20.64%
Payout ratio0.00%
Current ratio1.32
Quick ratio0.81
Cash Ratio0.31

Altheora Dividend FAQ

Does Altheora stock pay dividends?
Altheora does not currently pay dividends to its shareholders.
Has Altheora ever paid a dividend?
No, Altheora has no a history of paying dividends to its shareholders. Altheora is not known for its dividend payments.
Why doesn't Altheora pay dividends?
There are several potential reasons why Altheora would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Altheora ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Altheora has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Altheora a dividend aristocrat?
Altheora is not considered a Dividend Aristocrat. 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 Altheora a dividend king?
Altheora is not classified as a "Dividend King". 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 Altheora a dividend stock?
No, Altheora is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Altheora stocks?
To buy Altheora 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 and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Altheora 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.