Altern Energy (KAR:ALTN) Dividend Payout Ratio : 0.37 (As of Dec. 2024)

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What is Altern Energy Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Altern Energy's Dividend Payout Ratio for the months ended in Dec. 2024 was 0.37.

The historical rank and industry rank for Altern Energy's Dividend Payout Ratio or its related term are showing as below:

KAR:ALTN' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.17 Med: 0.71 Max: 4.85
Current: 0.37

During the past 13 years, the highest Dividend Payout Ratio of Altern Energy was 4.85. The lowest was 0.17. And the median was 0.71.

KAR:ALTN's Dividend Payout Ratio is ranked better than
62.69% of 201 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.46 vs KAR:ALTN: 0.37

As of today (2025-04-06), the Dividend Yield % of Altern Energy is 128.67%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Altern Energy was 139.12%. The lowest was 2.44%. And the median was 19.82%.

Altern Energy's Dividends per Share for the months ended in Dec. 2024 was ₨5.90.

During the past 12 months, Altern Energy's average Dividends Per Share Growth Rate was -5.80% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Altern Energy was 80.40% per year. The lowest was 32.60% per year. And the median was 46.50% per year.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Altern Energy Dividend Payout Ratio Historical Data

The historical data trend for Altern Energy's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

Altern Energy Dividend Payout Ratio Chart

Altern Energy Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Dividend Payout Ratio

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0.61

4.85

1.47

Altern Energy Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Dividend Payout Ratio	Get a 7-Day Free Trial															1.60	0.89	0.45	-	0.37

Competitive Comparison of Altern Energy's Dividend Payout Ratio

For the Utilities - Independent Power Producers subindustry, Altern Energy's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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.

Altern Energy's Dividend Payout Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Altern Energy's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Altern Energy's Dividend Payout Ratio falls into.

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Altern Energy Dividend Payout Ratio Calculation

Altern Energy's Dividend Payout Ratio for the fiscal year that ended in Jun. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Jun. 2024 )	/	EPS without NRI (A: Jun. 2024 )
	=	12.45	/	8.468
	=	1.47

Altern Energy's Dividend Payout Ratio for the quarter that ended in Dec. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2024 )	/	EPS without NRI (Q: Dec. 2024 )
	=	5.9	/	15.793
	=	0.37

Altern Energy (KAR:ALTN) Dividend Payout Ratio Explanation

In dividends investing, Dividend 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.

Altern Energy Dividend Payout Ratio Related Terms

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Altern Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Altern Energy Ltd (KAR:ALTN) » Definitions » Dividend Payout Ratio

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Address

18 Kilometer, Ferozepur Road, Descon Headquarters, Lahore, PB, PAK

Website

https://www.descon.com

Altern Energy Ltd generates and supplies electric power to the Water and Power Development Authority of Pakistan from its thermal power plant. The company is to build, own, operate, and maintain a gas-fired power plant having a gross capacity of 32 Mega Watts.

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