08-31-2023
AUD/share | |
Price | 6.08 |
Dividend | 0.40 |
Earnings | 0.21 |
Cash-flow | 0.00 |
Book value | 4.34 |
Equity | 3.44 |
Atlas Arteria is part of Industrial Transportation business, which is part of Industrials industry. Atlas Arteria is a company from Australia, and his stocks are publicly traded.
Atlas Arteria stock dividend
Atlas Arteria paid a total dividend of 580 million AUD last year, for a market value of 8,822 millions (Market Cap 8,816 millions). Atlas Arteria dividend per share is 0.40 AUD, and his stock market price 6.08 AUD.
According to the chart below, where dividend yield is displayed, Atlas Arteria has a dividend yield of 6.58%, which is higher than the amount offered by both the market average and companies from Australia. It is also bigger than average of Industrials industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.
In addition, you should compare Atlas Arteria stocks dividend with other Industrial Transportation companies or other of the high Australia dividend stocks list.
Atlas Arteria Dividend Payout
About the ability of Atlas Arteria to maintain his current dividend of AUD 0.40 per share, an amount that accounts for 6.58%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Atlas Arteria payout on ernings is currently 190.48%, which is higher than the market average, and companies of Industrials industry, which are 39.34% and 37.26% respectively. Both figures show that Atlas Arteria 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 Atlas Arteria is AUD 0.00 per share, which is lower than the dividend per share paid by the company of AUD 0.40, so the company does not generate enough cash to maintain his dividend in the future.
The following figure shows payout ratios over earnings and cashflow of Atlas Arteria, compared againt world market average, Australia companies, Industrials industry and Industrial Transportation sector companies.
Atlas Arteria Dividend History
Below you will find a table with the historical evolution of Atlas Arteria's dividend stock, both in percentage and in AUD, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).
Year | Yield | AUD | Paypout | Shares* |
Present | 6.58% | 0.40 | 190.48% | 1,451 |
2022 | 6.13% | 0.41 | 273.33% | 1,451 |
2021 | 4.12% | 0.29 | 0.00% | 959 |
2020 | 3.63% | 0.24 | 0.00% | 959 |
2019 | 3.22% | 0.25 | 178.57% | 879 |
2018 | 3.83% | 0.24 | 30.38% | 683 |
*In millions
Atlas Arteria Stock performance
Finally, last moth Atlas Arteria showed a return of -3.20% compared to a worldwide -2.49% average, and a -2.39% of Industrials firms. Over the last year, the company obtained a -19.40% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Australia and Industrial Transportation firms.