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Electro Aço Altona S.A., a casting and machining company, supplies parts in low, medium, and high carbon steel and alloys in Brazil. It offers alloyed irons for special applications, raw or machined parts, add-ons for equipment, steels and alloys resistant to abrasion, steels and alloys resistant to high temperatures, steels and alloys resistant to corrosion, alloyed irons, special alloys, and super alloys. The company serves automotive, automakers machinery, heavy transport, power generation, mining, dredging, oil and gas, and offshore industries. It also exports its products to approximately 25 countries. The company was formerly known as Auerbach & Werner and changed its name to Electro Aço Altona S.A. in 1933. Electro Aço Altona S.A. was founded in 1924 and is headquartered in Blumenau, Brazil.

Electro Aço Altona Dividend Announcement

Electro Aço Altona announced a annually dividend of R$0.51 per ordinary share which will be made payable on 2024-08-30. Ex dividend date: 2024-04-29
Electro Aço Altona annual dividend for 2024 was R$0.51
Electro Aço Altona annual dividend for 2023 was R$0.17
Electro Aço Altona's trailing twelve-month (TTM) dividend yield is 3.82%
Electro Aço Altona's payout ratio for the trailing twelve months (TTM) is 11.07%
Electro Aço Altona's dividend growth over the last five years (2018-2023) was -28.85% year
Electro Aço Altona's dividend growth over the last ten years (2013-2023) was -9.80% year

Electro Aço Altona Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-04-29R$0.51annually2024-08-30
2023-04-27R$0.17annually2023-07-31
2022-04-28R$0.13annually2022-11-28
2022-01-20R$0.05annually2021-10-01
2021-04-30R$0.17annually2021-11-25
2020-05-29R$0.18annually2021-04-26
2019-05-03R$0.14annually2019-07-30
2018-05-03R$0.95annually2018-09-20
2017-11-07R$0.89annually2017-11-23
2016-08-08R$0.40annually
2015-11-24R$0.75annually
2015-04-29R$0.60annually
2014-12-17R$0.43annually
2014-04-29R$1.05annually
2013-12-18R$0.23annually
2013-04-30R$0.25annually

Electro Aço Altona Dividend per year

Electro Aço Altona Dividend growth

Electro Aço Altona Dividend Yield

Electro Aço Altona current trailing twelve-month (TTM) dividend yield is 3.82%. Interested in purchasing Electro Aço Altona stock? Use our calculator to estimate your expected dividend yield:

Electro Aço Altona Financial Ratios

P/E ratio4.52
PEG ratio0.13
P/B ratio1.13
ROE27.02%
Payout ratio11.07%
Current ratio1.17
Quick ratio0.75
Cash Ratio0.06

Electro Aço Altona Dividend FAQ

How much is the next Electro Aço Altona dividend?
Electro Aço Altona's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Electro Aço Altona dividend. The next Electro Aço Altona dividend will be released in April.
When is Electro Aço Altona dividend paid?
Electro Aço Altona pays dividends on a annually basis. The specific dates may vary each year but are generally around April. 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 Electro Aço Altona pay?
The specific amount of Electro Aço Altona 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 Electro Aço Altona's dividend history.
Does Electro Aço Altona stock pay dividends?
Yes, Electro Aço Altona 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 Electro Aço Altona's dividend history.
How much dividend does Electro Aço Altona pay?
Electro Aço Altona paid R$0.508 in 2024, R$0.173 in 2023, R$0.176 in 2022, R$0.172 in 2021, and R$0.18 in 2020.
How often does Electro Aço Altona pay dividends?
Electro Aço Altona typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around April.
What is Electro Aço Altona's dividend yield?
The current dividend yield for Electro Aço Altona is 3.82%. 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 Electro Aço Altona's exact dividend yield.
When does Electro Aço Altona go ex dividend?
Electro Aço Altona's ex-dividend date for the latest dividend was on 2024-04-29. Electro Aço Altona 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 Electro Aço Altona dividend paid?
Electro Aço Altona pays dividends on a annually basis, typically around April, but the exact dates can vary each year.
Will Electro Aço Altona 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 Electro Aço Altona 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 Electro Aço Altona dividend per share?
Electro Aço Altona paid R$0.508 per share in 2024 and R$0.173 per share in 2023. The amount of dividend per share that Electro Aço Altona 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 Electro Aço Altona 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 Electro Aço Altona 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 Electro Aço Altona a dividend stock?
Yes, Electro Aço Altona is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Electro Aço Altona a good dividend stock?
Whether Electro Aço Altona is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Electro Aço Altona has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Electro Aço Altona 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 Electro Aço Altona pay dividends monthly?
Electro Aço Altona typically pays dividends on a annually basis.
Does Electro Aço Altona pay dividends quarterly?
Electro Aço Altona currently pays dividends on a annually basis.
Has Electro Aço Altona ever paid a dividend?
Yes, Electro Aço Altona has a history of paying dividends to its shareholders. Electro Aço Altona is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Electro Aço Altona dividend stocks?
To buy Electro Aço Altona 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 Electro Aço Altona 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 Electro Aço Altona pay dividends 2024?
Electro Aço Altona pays dividends on a annually basis. 2024 dividend payments are in 2024-08-30. 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 Electro Aço Altona increase its dividend in 2024?
Decisions regarding Electro Aço Altona 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 Electro Aço Altona dividend overview you can look into the above table of dividend history.
How Electro Aço Altona dividend works?
The Electro Aço Altona 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 Electro Aço Altona's dividend process works:

1. Determination of Dividend: Electro Aço Altona'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, Electro Aço Altona 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, Electro Aço Altona 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 Electro Aço Altona 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 Electro Aço Altona dividends paid?
Electro Aço Altona dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Electro Aço Altona 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, Electro Aço Altona distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Electro Aço Altona 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 Electro Aço Altona pay dividends?
Electro Aço Altona typically pays dividends on a 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 Electro Aço Altona pay dividends?
The general pattern is that Electro Aço Altona pays dividends around April. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Electro Aço Altona dividend safe?
The safety of Electro Aço Altona'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 Electro Aço Altona'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 Electro Aço Altona'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.