Altium Dividend yield




   AUD/share 
 Price  26.47
 Dividend  0.38
 Earnings  0.39
 Cash-flow  0.64
 Book value  2.04
 Equity  2.04

Altium is part of Software and Computer Services business, which is part of Technology industry. Altium is a company from Australia, and his stocks are publicly traded.

Altium paid a total dividend of 50 million AUD last year, for a market value of 3,468 millions (Market Cap 2,878 millions). Dividend per share of Altium is 0.38 AUD, and his stock market price 26.47 AUD.

According to the chart below, where dividend yield is displayed, Altium has a dividend yield of 1.44%, lower than the amount offered by both the market average and companies from Australia. It is also lower than average of Technology industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Altium dividend yield with other Software and Computer Services companies or firms from Australia.

Dividend yield of Altium

Altium Dividend Payout

About the ability of Altium to maintain his current dividend of AUD 0.38 per share, an amount that accounts for 1.44%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Altium payout on ernings is currently 97.44%, which is higher than the market average, and companies of Technology industry, which are 38.17% and 35.02% respectively. Both figures show that Altium can have problems to keep with his present dividend yield.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Altium is AUD 0.64 per share, which is higher than the dividend per share paid by the company of AUD 0.38, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Altium, compared againt world market average, Australia companies, Technology industry and Software and Computer Services sector companies.

Altium payout

Altium Dividend History

Year Yield  AUD  Paypout  Shares* 
Present1.44%0.3897.44%131
20201.15%0.39100.00%131
20190.98%0.3456.67%131

*In millions

Altium Stock performance

Finally, last moth Altium showed a return of 0.80% compared to a worldwide 4.24% average, and a 3.70% of Technology firms. Over the last year, the company obtained a -7.40% versus a worldwide performance of a 53.49%. More detailed information can be seen in the following graph for Australia and Software and Computer Services firms.

Altium stock and market return