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Altius Minerals (TSX:ALS) Forward Dividend Yield % : 1.45% (As of Apr. 27, 2024)


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What is Altius Minerals Forward Dividend Yield %?

As of today (2024-04-27), the Forward Annual Dividend Yield of Altius Minerals is 1.45%.

As of today (2024-04-27), the Trailing Annual Dividend Yield of Altius Minerals is 1.45%.

TSX:ALS's Forward Dividend Yield % is ranked worse than
68.92% of 296 companies
in the Metals & Mining industry
Industry Median: 2.365 vs TSX:ALS: 1.45

Altius Minerals's Dividends per Share for the three months ended in Dec. 2023 was C$0.08.

During the past 12 months, Altius Minerals's average Dividends Per Share Growth Rate was 6.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 17.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 15.40% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 16.70% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Altius Minerals was 26.00% per year. The lowest was 10.10% per year. And the median was 16.40% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Altius Minerals's Forward Dividend Yield %

For the Other Industrial Metals & Mining subindustry, Altius Minerals's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Altius Minerals's Forward Dividend Yield % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Altius Minerals's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Altius Minerals's Forward Dividend Yield % falls into.



Altius Minerals Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Altius Minerals Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CAD 0.0802024-03-152024-03-182024-04-01Cash DividendquarterlyCAD:CAD 1.000000
CAD 0.0802023-11-292023-11-302023-12-15Cash DividendquarterlyCAD:CAD 1.000000
CAD 0.0802023-08-302023-08-312023-09-15Cash DividendquarterlyCAD:CAD 1.000000
CAD 0.0802023-06-142023-06-152023-06-30Cash DividendquarterlyCAD:CAD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Altius Minerals's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.32/22.05
=1.45 %

Current Share Price is C$22.05.
Altius Minerals's Dividends per Share for the forward twelve months is calculated as C$0.08 * 4 = C$0.32.

Altius Minerals's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.32/22.05
=1.45 %

Current Share Price is C$22.05.
Altius Minerals's Dividends per Share for the trailing twelve months (TTM) ended in Today is C$0.32.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Altius Minerals  (TSX:ALS) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Altius Minerals Forward Dividend Yield % Related Terms

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Altius Minerals (TSX:ALS) Business Description

Traded in Other Exchanges
Address
38 Duffy Place, 2nd Floor, St. John's, NL, CAN, A1B 4M5
Altius Minerals Corp is engaged in the business of obtaining diversified mining royalty. It holds interests in mining operations that produce metals and minerals such as copper, zinc, nickel, cobalt, gold, silver, and potash. The corporation also holds other pre-development stage royalty interests and various earlier stage royalties. It is engaged in the operating segments of Mineral Royalties, Renewable Royalties and Project Generation.

Altius Minerals (TSX:ALS) Headlines

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