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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Altex IndustriesALTX 21 Forward Dividend Yield % is 0.00% as of Aug. 02, 2026. GuruFocus rates ALTX with a GF Score™ of 21/100 and a GF Value™ of $0.10 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 491 Oil & Gas companies, Altex Industries ranks worse than 203665.78% on this metric.
As of today (2026-08-02), the Forward Annual Dividend Yield of Altex Industries is 0.00%.
As of today (2026-08-02), the Trailing Annual Dividend Yield of Altex Industries is 0.00%.
ALTX's Forward Dividend Yield % is not ranked *
in the Oil & Gas industry.
Industry Median: 3.89 * Ranked among companies with meaningful Forward Dividend Yield % only.
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.
Altex Industries Forward Dividend Yield % Related Terms
ALTX vs CRCE, FECOF, ROYL: Forward Dividend Yield % Comparison
For the Oil & Gas E&P subindustry, Altex Industries'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.
Altex Industries Forward Dividend Yield % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Altex Industries's Forward Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Altex Industries's Forward Dividend Yield % falls into.
What does a Forward Dividend Yield % of 0.00% mean?
Altex Industries (ALTX) has a Forward Dividend Yield % of 0.00% as of Aug. 02, 2026. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on Altex Industries and its competitors. According to the industry distribution chart, Altex Industries ranks #999999 out of 491 companies in the Oil & Gas industry.
Is Altex Industries' Forward Dividend Yield % too high?
Altex Industries' current Forward Dividend Yield % is 0.00%. Based on the distribution chart, Altex Industries ranks #999999 out of 491 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Altex Industries has a GF Score™ of 21/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Altex Industries' Forward Dividend Yield % compare to CRCE and FECOF?
According to the Oil & Gas industry distribution chart, Altex Industries ranks #999999 out of 491 companies for Forward Dividend Yield %. This places Altex Industries in the lower half of its industry. The industry median Forward Dividend Yield % is 3.89. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward Dividend Yield % for an Oil & Gas company?
The median Forward Dividend Yield % among Oil & Gas companies is 3.89, based on 491 companies in the industry. Companies in the top quartile (top 25%) have a Forward Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Forward Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward Dividend Yield % mean?
A high Forward Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on Altex Industries and its competitors. For the Oil & Gas industry, the median Forward Dividend Yield % is 3.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Altex Industries's current Forward Dividend Yield % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Altex Industries stock overvalued right now?
Based on GuruFocus' analysis, Altex Industries (ALTX) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.10, compared to a current price of $0.20 — trading 100% above its estimated fair value. The current Forward Dividend Yield % is 0.00%. Altex Industries' overall GF Score™ is 21/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward Dividend Yield % calculated?
Forward Dividend Yield % is calculated from a company's financial statements. For Altex Industries (ALTX), the current Forward Dividend Yield % is 0.00% as of Aug. 02, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Altex Industries (ALTX) Overvalued in 2026?
Based on GuruFocus' analysis, Altex Industries stock appears to be overvalued.
The current stock price of $0.20 is trading 100% above its estimated GF Value™ of $0.10.
GuruFocus considers Altex Industries to be Significantly Overvalued.
Key valuation signals for ALTX:
Forward Dividend Yield %: 0.00%
GF Value™: $0.10 vs. price of $0.20 (100% above fair value)
No single metric tells the full story. See the ALTX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Altex Industries Inc. is a USA-based holding company. Through its wholly-owned subsidiary, it owns interests in productive onshore oil and gas properties, has bought and sold producing oil and gas properties, and has participated in the drilling of exploratory and development wells, and the completion of existing wells in Utah and Wyoming. The Company's revenue is from sales of oil and gas production, interest income, and, occasionally, bonus payments for mineral leases.
21GF Score
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