Upcoming Altri dividend
Change(%)
0.00%
No change
Next payment 0.25€
Next payment date May 23, 2024
Last payment 0.25€
Last payment date May 24, 2023
00 D 00 H 00 M 00 S
Ex-Dividend: 5/21/24
Confirmed

For those holding shares in Altri (ALTR), May 23, 2024 will bring a dividend of 0,25 euros per share and a yield of 4.50%.

May 21, 2024 is the key day to acquire shares of Altri and qualify for the dividend. Don't forget that May 22, 2024 is also important.

0.25 euros per share was the dividend that Altri paid on May 24, 2023.

Altri SGPS is listed on the main Portuguese markets, in Lisbon and in BATS UE, as well as in London and Frankfurt, being recognized with the stock exchange name ALTR, starting to pay dividends to its investors in 2021, remaining stable since then.

The value of the amount has been fixed in the first periods, with an additional bonus granted in 2021, which is calculated by the administrative management according to the financial results and approved by the general shareholders' meeting, being delivered in a single installment per year, generally in the last days of May, reaching a yield of approximately 5.03%.

Payout Ratio Altri Dividends

Altri paid 11% of its net income in the last fiscal period as dividends.
Altri's earnings (752,426,944.00€) are sufficient to cover the dividend payment. This payment represents 11% of the total net profit of ALTR.
Dividend payout ratio
Payout Ratio

Dividend calendar of Altri

These are the most important events of the Altri calendar in 2024:

Event Day
Last trading date May 20, 2024
Ex-Dividend (Ex-Date) May 21, 2024
Record date May 22, 2024
Date of payment May 23, 2024
Data confirmed by the company Altri (ALTR).
Confirmed
Source
Historical annual dividend yields of Altri
Over the past 5 years, Altri has not consistently distributed dividends.
Increasing Dividends
Dividend yield
Dividend yield of Altri vs. the sector
Altri's dividend yield (4.45%) is below the sector average (7.42%).
Comparison with industry average
Altri's dividend yield is between the top 25% (7.09%) and top 75% (3.17%) of the sector.
Evaluation with respect to competence.
Dividend yield history in Altri
Over the past 5 years, Altri has not consistently distributed dividends.
Dividend stability

Dividend history of Altri

In this table you can see the complete history:

YearEx-DividendAmountTotal
2023
05/16/2023
0.25 €
0.25 €
2022
05/17/2022
0.24 €
0.24 €
2021
07/07/2021
05/18/2021
0.1 €
0.25 €
0.35 €
2020
05/13/2020
0.3 €
0.3 €
2018
05/28/2018
0.3 €
0.3 €
2017
05/11/2017
0.25 €
0.25 €
2016
05/09/2016
0.25 €
0.25 €
2015
12/11/2015
05/07/2015
0.25 €
0.08 €
0.33 €
2014
05/19/2014
0.042 €
0.042 €
2013
05/14/2013
0.025 €
0.025 €
2012
05/22/2012
0.02 €
0.02 €
2011
06/16/2011
0.02 €
0.02 €
2008
06/20/2008
0.025 €
0.025 €
2007
04/13/2007
0.025 €
0.025 €
2006
04/25/2006
0.0125 €
0.0125 €
Altri dividend capture strategy
Step 1: Buy Altri shares (ALTR) one day before ex-dividend date
Date of purchase May 20, 2024
Next ex-dividend date May 21, 2024
Step 2: Sell Altri shares (ALTR) when the price recovers.
Date of sale (estimated) Jun 28, 2024
Average price recovery 39 days
Average return on cost 6.18%
The dividend capture strategy is based on historical Altri data. Past performance is no guarantee of future results.

Information about Altri

Full name Altri, SGPS, S.A.
Ticker ALTR
Sector Basic Materials
Industry Paper & Paper Products
Market Capitalization 1.14B €
ISIN PTALT0AE0002
Number of Employees 812
Description of the company

Altri SGPS S.A., a company largely owned by Cofihold, specializes in paper production, energy co-production, and wood, and is a leader in Portugal in sustainable forest management, renewable energy generation and eucalyptus fiber processing.

Its products are used in the paper industry for use in printing and writing, as well as in packaging and textiles, marketing its portfolio mainly in Portugal through a wide network of associated distributors.

It was founded as part of Industria Cofina in 1995, but separated in 2005 becoming an independent company, although they share the same majority shareholder, operating through several subsidiaries, Altriflorestal which is in charge of forest management, Biotek and Calbi which are dedicated to the production of Bekp cellulosic fibers and Caima specialized in dissolving DWP cellulosic fibers.

Its headquarters are located in Porto, counting with three manufacturing centers, supported by more than 800 employees, as for the production of pulp, the company generated in 2022 the amount of 1,142.6 Kt, obtaining about 1.1 billion dollars in revenues in that year.

Frequently asked questions about Altri dividends

Altri is listed on the Euronext Lisbon and is part of the PSI 20.

Altri has the Ticker or stock code ALTR.

The CEO of Altri in 2024 is Engineer Jose Armindo Farinha Soares de Pina.

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