It is also bigger than average of Industrials industry.
Both Atlas Arteria Limited and Atlas Arteria International Limited will pay the dividends. It pays a dividend yield of 4.52%, putting its dividend yield in the top 25% of dividend-paying stocks. The distribution of ATLAX will include a capital return of 7.8 cents per share and an unfranked dividend of 0.2 cents per share, however the ATLIX distribution will comprise a foreign dividend of 7.0 cents per share.On the price-performance front, the stock of Atlas Arteria is currently trading at $7.070 with ~0.563% decrease during the day’s trade, with a market capitalisation of $4.86 billion (AEST 03:05 PM). We list all the recent dividend announcements and dividend yields from ASX:ALX where possible. Atlas Arteria Group does not have a long track record of dividend growth. The stock has generated a YTD return of 17.72% and returns of 3.80%, 16.56% and -0.56% over the past six months, three months and one-month periods respectively. The stock is trading at a PE multiple of 80.43x with an annual dividend yield of 3.8%.The Annual Report for 2018 has been recently published by the company. Atlas Arteria is a company from Australia, and his stocks are publicly traded.. Atlas Arteria paid a total dividend of 220 million AUD last year, for a market value of 5,494 millions (Market Cap 5,491 millions). Atlas Arteria Group is a leading dividend payer. and was partially franked at 0%. Atlas Arteria paid $0.1500 dividend on 04 Oct 2019.
Dividend Coverage. The dividend payout ratio of Atlas Arteria Group is 1,250.00%. Both figures show that Atlas Arteria can have problems to keep with his present dividend yield.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.According to the chart below, where dividend yield is displayed, Atlas Arteria has a dividend yield of 4.03%, which is higher than the amount offered by both the market average and companies from Australia. Dividend Growth. More detailed information can be seen in the following graph for Australia and Industrial Transportation firms.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. Always consult a professional advisor before investing. At the Annual General Meeting on 15 May 2018, security holders voted to approve the internalisation of ALX management and change its name from Macquarie Atlas Roads to Atlas Arteria. The ex-dividend date for this dividend was 26 Sep 2019.
Since listing, Atlas Arteria, or Macquarie Atlas Roads as it was then known, has been externally managed by Macquarie. The distribution of ATLAX will include a capital return of 7.8 cents per share and an unfranked dividend of 0.2 cents per share, however the ATLIX distribution will comprise a foreign dividend of 7.0 cents per share. This makes the gross dividend amount to $0.1500. It had a 52-week high price of $7.290 and a 52-week low price of $5.460, with an average trading volume of ~1.53 million. Could Atlas Arteria Limited be an attractive dividend share to own for the long haul?Investors are often drawn to strong companies with the idea of reinvesting the dividends.