ATCO Ltd., together with its subsidiaries, provides housing, logistics and transportation, agriculture, water, real estate, and energy and energy infrastructure solutions in Canada, Australia, and internationally. The company offers workforce and residential housing; modular facilities; construction and site support; workforce lodging; facility operations and maintenance; defense operations; and disaster and emergency management services. It also provides commercial real estate services, including sale of commercial and industrial properties; and bulk cargo and port operation services, as well as operates container port facilities. The company's portfolio includes 14 commercial real estate properties, including 417,000 square feet of office property, 60,000 square feet of industrial property, and 315 acres of land. In addition, it engages in electricity generation, distribution, transmission, and related infrastructure services; natural gas distribution; owns and operates natural gas transmission pipelines in Alberta, Saskatchewan, and northern regions of Canada, as well as in Western Australia; and builds, owns, and operates non-regulated industrial water, natural gas storage, natural gas liquids storage, and natural gas related infrastructure to serve the midstream and petrochemical sectors. Further, it sells electricity and natural gas to residential and commercial customers; and provides natural gas appliance demonstrations and small cooking schools for homemakers. ATCO Ltd. was founded in 1947 and is headquartered in Calgary, Canada. ATCO Ltd. operates as a subsidiary of Sentgraf Enterprises Ltd.
ATCO Dividend Announcement
• ATCO announced a quarterly dividend of $0.35 per ordinary share which will be made payable on 2024-12-31. Ex dividend date: 2024-12-05
• ATCO annual dividend for 2024 was $1.43
• ATCO annual dividend for 2023 was $1.40
• ATCO's trailing twelve-month (TTM) dividend yield is 4.18%
• ATCO's payout ratio for the trailing twelve months (TTM) is 56.36%
• ATCO's dividend growth over the last five years (2018-2023) was 3.96% year
• ATCO's dividend growth over the last ten years (2013-2023) was 23.02% year
ATCO Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-05 | $0.35 | quarterly | 2024-12-31 |
2024-09-05 | $0.36 | quarterly | 2024-09-30 |
2024-05-30 | $0.36 | quarterly | 2024-06-30 |
2024-02-28 | $0.36 | quarterly | 2024-03-31 |
2023-12-06 | $0.35 | quarterly | 2023-12-31 |
2023-09-06 | $0.35 | quarterly | 2023-09-30 |
2023-05-31 | $0.35 | quarterly | 2023-06-30 |
2023-03-01 | $0.35 | quarterly | 2023-03-31 |
2022-11-30 | $0.34 | quarterly | 2022-12-31 |
2022-08-31 | $0.35 | quarterly | 2022-09-30 |
2022-06-01 | $0.36 | quarterly | 2022-06-30 |
2022-03-02 | $0.36 | quarterly | 2022-03-31 |
2021-12-01 | $0.35 | quarterly | 2021-12-31 |
2021-09-01 | $0.36 | quarterly | 2021-09-30 |
2021-06-02 | $0.37 | quarterly | 2021-06-30 |
2021-03-03 | $0.36 | quarterly | 2021-03-31 |
2020-12-02 | $0.34 | quarterly | 2020-12-31 |
2020-09-02 | $0.33 | quarterly | 2020-09-30 |
2020-06-03 | $0.32 | quarterly | 2020-06-30 |
2020-03-04 | $0.32 | quarterly | 2020-03-31 |
2019-12-04 | $0.30 | quarterly | 2019-12-31 |
2019-06-05 | $0.30 | quarterly | 2019-06-30 |
2018-12-06 | $0.28 | quarterly | 2018-12-31 |
2018-09-06 | $0.29 | quarterly | 2018-09-30 |
2018-06-07 | $0.29 | quarterly | 2018-06-30 |
2018-03-07 | $0.29 | quarterly | 2018-03-31 |
2017-12-07 | $0.26 | quarterly | 2017-12-31 |
2017-09-07 | $0.27 | quarterly | 2017-09-30 |
2017-06-06 | $0.24 | quarterly | 2017-06-30 |
2017-03-06 | $0.24 | quarterly | 2017-03-31 |
2016-12-06 | $0.21 | quarterly | |
2016-09-06 | $0.22 | quarterly | |
2016-06-06 | $0.22 | quarterly | |
2016-03-03 | $0.21 | quarterly | |
2015-12-04 | $0.18 | quarterly | |
2015-09-03 | $0.19 | quarterly | |
2015-06-05 | $0.20 | quarterly | |
2015-03-06 | $0.20 | quarterly | |
2014-12-03 | $0.19 | quarterly | |
2014-09-05 | $0.20 | quarterly | |
2014-06-05 | $0.20 | quarterly | |
2014-03-05 | $0.19 | quarterly | |
2013-12-04 | $0.18 | quarterly |
ATCO Dividend per year
ATCO Dividend growth
ATCO Dividend Yield
ATCO current trailing twelve-month (TTM) dividend yield is 4.18%. Interested in purchasing ATCO stock? Use our calculator to estimate your expected dividend yield:
ATCO Financial Ratios
ATCO Dividend FAQ
Other factors to consider when evaluating ATCO 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.
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1. Determination of Dividend: ATCO'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, ATCO 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, ATCO 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 ATCO 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. Record Date: ATCO 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, ATCO distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: ATCO 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.
To assess the safety of ATCO'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 ATCO'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.