Altron Limited provides information and communication technology solutions in South Africa and internationally. The company's Managed Services segment offers supports and maintains enterprise-wide information products and services, which include servers, desktop and laptop, point of sales, ATM dynamic solutions, warranty and incident management, availability and project management, and distributor for NCR products; and enterprise connectivity and critical communications solutions that enables businesses connect. Its Digital Transformation segment provides networking, hardware, DevOps and modernization, data management, security, IT as a service, cloud, and artificial intelligence solutions; and a managed identity profile and cryptographic solutions for their clients across devices, platforms, and locations. This segment also offers IT infrastructure solutions, including software asset management, software licensing, license management-as-a-service, managed, cloud, data storage, data center infrastructure management, enterprise software, servers, network security, unified communications, and virtualization services. The company's Own Platforms segment offers vehicle tracking and recovery systems, fleet management services, and usage-based telematics; debit order processing, payment and switching, card personalization and issuance, credit management software, and debit and credit card payment solutions; person-to-person payments and value-added services to the consumer market; and practice management solutions in the healthcare industry and medical transaction switching. Its Other segment distributes industrial electronic components, such as batteries and solar; lighting and optics; software and compilers; and semiconductors and aerospace products. The company was formerly known as Allied Electronics Corporation Limited and changed its name to Altron Limited in August 2021. Altron Limited was founded in 1965 and is headquartered in Johannesburg, South Africa.
Altron Dividend Announcement
• Altron announced a semi annually dividend of R40.00 per ordinary share which will be made payable on 2024-11-25. Ex dividend date: 2024-11-20
• Altron annual dividend for 2024 was R73.00
• Altron annual dividend for 2023 was R44.03
• Altron's trailing twelve-month (TTM) dividend yield is 2.87%
• Altron's payout ratio for the trailing twelve months (TTM) is 194.32%
• Altron's dividend growth over the last five years (2018-2023) was 9.48% year
Altron Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-11-20 | R40.00 | semi annually | 2024-11-25 |
| 2024-06-05 | R33.00 | semi annually | 2024-06-10 |
| 2023-11-29 | R25.03 | semi annually | 2023-12-04 |
| 2023-05-31 | R19.00 | semi annually | 2023-06-05 |
| 2022-11-09 | R16.00 | semi annually | 2022-11-14 |
| 2022-06-01 | R23.00 | semi annually | 2022-06-06 |
| 2021-11-10 | R7.00 | semi annually | 2021-11-15 |
| 2021-06-02 | R15.00 | semi annually | 2021-06-07 |
| 2021-05-12 | R96.00 | semi annually | 2021-05-17 |
| 2020-11-11 | R33.00 | semi annually | 2020-11-16 |
| 2020-06-03 | R26.00 | semi annually | 2020-06-08 |
| 2019-11-13 | R29.00 | semi annually | 2019-11-18 |
| 2019-05-29 | R44.00 | semi annually | 2019-06-03 |
| 2018-11-14 | R28.00 | semi annually | 2018-11-19 |
| 2015-06-29 | R31.00 | semi annually |
Altron Dividend per year
Altron Dividend growth
Altron Dividend Yield
Altron current trailing twelve-month (TTM) dividend yield is 2.87%. Interested in purchasing Altron stock? Use our calculator to estimate your expected dividend yield:
Altron Financial Ratios
P/E ratio43.64
PEG ratio-2182.14
P/B ratio1.89
ROE4.48%
Payout ratio194.32%
Current ratio1.32
Quick ratio0.99
Cash Ratio0.22
Altron Dividend FAQ
How much is the next Altron dividend?
Altron's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Altron dividend. The next Altron dividend will be released in May, or November.
When is Altron dividend paid?
Altron pays dividends on a semi annually basis. The specific dates may vary each year but are generally around May, 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 Altron pay?
The specific amount of Altron 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 Altron's dividend history.
Does Altron stock pay dividends?
Yes, Altron 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 Altron's dividend history.
How much dividend does Altron pay?
Altron paid R73.0 in 2024, R44.034 in 2023, R39.0 in 2022, R118.0 in 2021, and R59.0 in 2020.
How often does Altron pay dividends?
Altron typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around May, and November.
What is Altron's dividend yield?
The current dividend yield for Altron is 2.87%. 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 Altron's exact dividend yield.
When does Altron go ex dividend?
Altron's ex-dividend date for the latest dividend was on 2024-11-20. Altron 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 Altron dividend paid?
Altron pays dividends on a semi annually basis, typically around May, or November, but the exact dates can vary each year.
Will Altron 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 Altron 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 Altron dividend per share?
Altron paid R73.0 per share in 2024 and R44.034 per share in 2023. The amount of dividend per share that Altron 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 Altron 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 Altron 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 Altron a dividend stock?
Yes, Altron is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Altron a good dividend stock?
Whether Altron is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Altron has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Altron 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 Altron 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 Altron pay dividends monthly?
Altron typically pays dividends on a semi annually basis.
Does Altron pay dividends quarterly?
Altron currently pays dividends on a semi annually basis.
Has Altron ever paid a dividend?
Yes, Altron has a history of paying dividends to its shareholders. Altron is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Altron dividend stocks?
To buy Altron 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 Altron 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 Altron 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 Altron pay dividends 2024?
Altron pays dividends on a semi annually basis. 2024 dividend payments are in 2024-11-25. 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 Altron increase its dividend in 2024?
Decisions regarding Altron 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 Altron dividend overview you can look into the above table of dividend history.
How Altron dividend works?
The Altron 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 Altron's dividend process works:
1. Determination of Dividend: Altron'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, Altron 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, Altron 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 Altron 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: Altron'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, Altron 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, Altron 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 Altron 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 Altron dividends paid?
Altron dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Altron 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, Altron distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Altron 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: Altron 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, Altron distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Altron 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 Altron pay dividends?
Altron typically pays dividends on a semi annually 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 Altron pay dividends?
The general pattern is that Altron pays dividends around May, 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 Altron dividend safe?
The safety of Altron'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 Altron'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 Altron'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 Altron'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 Altron'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.