Atco (TSX:ACO.Y) Dividend Payout Ratio : 0.56 (As of Dec. 2023)

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What is Atco Dividend Payout Ratio?

Atco's dividend payout ratio for the months ended in Dec. 2023 was 0.56.

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

TSX:ACO.Y' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.34 Med: 0.66 Max: 0.94
Current: 0.5

During the past 13 years, the highest Dividend Payout Ratio of Atco was 0.94. The lowest was 0.34. And the median was 0.66.

TSX:ACO.Y's Dividend Payout Ratio is ranked better than
53.02% of 364 companies
in the Utilities - Regulated industry
Industry Median: 0.52 vs TSX:ACO.Y: 0.50

As of today (2024-04-30), the Dividend Yield % of Atco is 4.98%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Atco was 5.50%. The lowest was 1.39%. And the median was 3.32%.

Atco's Dividends per Share for the months ended in Dec. 2023 was C$0.48.

During the past 12 months, Atco's average Dividends Per Share Growth Rate was 3.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 3.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 4.70% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 10.10% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Atco was 27.20% per year. The lowest was -7.30% per year. And the median was 13.95% per year.

The growth rate is calculated with least square regression.

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

Atco Dividend Payout Ratio Historical Data

The historical data trend for Atco'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.

Atco Dividend Payout Ratio Chart

Atco Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.53

0.79

0.83

0.43

0.82

Atco Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															0.65	0.32	0.68	0.60	0.56

Competitive Comparison of Atco's Dividend Payout Ratio

For the Utilities - Diversified subindustry, Atco'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.

Atco's Dividend Payout Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Atco's Dividend Payout Ratio distribution charts can be found below:

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

Atco Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Atco's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	1.902	/	2.322
	=	0.82

Atco's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0.476	/	0.85
	=	0.56

Atco (TSX:ACO.Y) Dividend Payout Ratio Explanation

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.

Atco Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Atco's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Atco (TSX:ACO.Y) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Atco Ltd (TSX:ACO.Y) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

ACLLF:USA 8A6:Germany 8A6:Germany ACO.X:Canada

Address

5302 Forand Street SW, 4th Floor, West Building, Calgary, AB, CAN, T3E 8B4

Website

https://www.atco.com

Atco Ltd is a Canadian holding company that offers gas, electric, and infrastructure solutions. The largest subsidiary of the company is Canadian utilities, which operates natural gas, electricity, and logistical services. Atco's primary segments include Structures and Logistics; Utilities; Energy Infrastructure; Neltume Ports and Corporate and Other. It generates maximum revenue from the Utilities segment. Geographically, it derives most of its revenue from Canada.

Atco (TSX:ACO.Y) Headlines

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