Altex Industries - Stock

Altex Industries Dividend 2024

Altex Industries Dividend

0 USD

Altex Industries Dividend yield

Ticker

ALTX

ISIN

US0214541031

WKN

875786

How much dividend does Altex Industries 2024 pay?

According to the latest status from June 2024, Altex Industries paid a total of 0 USD per share in dividends within the last 12 months. With the current Altex Industries price of 0.24 USD, this corresponds to a dividend yield of 0 %. A dividend is paid times per year.

=

Historical Altex Industries Dividends

A dividend is paid times per year. Last year, the payout months were and .

PaydateDividend

Is the Altex Industries Dividend Safe?

Altex Industries has been increasing the dividend for 0 years.

Over the past 10 years, Altex Industries has increased it by an annual 0 %.

Over a five-year period, the distribution increased by 0%.

Analysts expect a Dividend Cut of -100% for the current fiscal year.

Dividend Details

Understanding Altex Industries's Dividend Distributions

Altex Industries’s dividends are a portion of the company’s profits distributed to shareholders. It is a critical indicator of the company’s financial health and attractiveness to investors. Dividends provide investors with a steady income stream, in addition to any profits that may come from selling the stock at a higher price than the purchase price.

Year-to-Year Comparison

Examining Altex Industries's dividend distributions over the years can highlight the company’s profitability and stability. A consistent or increasing dividend payout can indicate a financially healthy company with predictable earnings, while fluctuations or reductions in dividends can suggest underlying financial or operational challenges.

Impact on Investments

Altex Industries's dividend payments are an essential factor for income-focused investors. A robust dividend payout can enhance the stock’s appeal, offering regular income in addition to potential capital gains. It also can indicate the company's confidence in its future earnings, making it a significant consideration in investment decisions.

Interpreting Dividend Fluctuations

Changes in Altex Industries’s dividends can result from shifts in the company’s earnings, financial policies, or reinvestment strategies. An increase in dividends often signals financial stability, while a decrease may indicate a need to conserve cash or reinvest profits to fuel growth, each scenario having different implications for investors.

Altex Industries Aktienanalyse

What does Altex Industries do?

Altex Industries Inc is a diversified company operating in various sectors including chemicals, energy, environment, and construction. The company was founded in 1984 and is headquartered in Houston, Texas. Altex Industries is one of the most popular companies on Eulerpool.com.
Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

Frequently Asked Questions about Altex Industries Stock

How much dividend does Altex Industries pay?

Over the past 12 months, Altex Industries paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Altex Industries is expected to pay a dividend of 0 USD.

What is the dividend yield of Altex Industries?

The current dividend yield of Altex Industries is .

When does Altex Industries pay dividends?

Altex Industries pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Altex Industries?

Altex Industries paid dividends every year for the past 0 years.

What is the dividend of Altex Industries?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Altex Industries located?

Altex Industries is assigned to the 'Energy' sector.

Wann musste ich die Aktien von Altex Industries kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Altex Industries from 6/7/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 6/7/2024.

When did Altex Industries pay the last dividend?

The last dividend was paid out on 6/7/2024.

What was the dividend of Altex Industries in the year 2023?

In the year 2023, Altex Industries distributed 0 USD as dividends.

In which currency does Altex Industries pay out the dividend?

The dividends of Altex Industries are distributed in USD.

Andere Kennzahlen von Altex Industries

Our stock analysis for Altex Industries Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Altex Industries Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.