0Q9J stock dividend – Alpha Trust Andromeda Investment Trust SA Declares 0.2 Cash Dividend

☀️Dividends Yield

Alpha Trust Andromeda ($LTS:0Q9J) Investment Trust SA has declared a dividend of 0.2 EUR per share on May 25, 2023. This makes it a potentially attractive option for dividend investors, as the company has issued dividends per share of 0.44 EUR for the last two years, and has yielded a dividend yield of 10.44% in the same period. The ex-dividend date for 2023 is May 22, which means that shareholders who purchase the stock on or after May 22 will not receive the dividend.

With a strong track record of dividend payments over the last two years and a high dividend yield, it could be a good option for those looking to generate regular income from their investments. It’s important to do your research before investing, however, to ensure that the stock is well-suited to your long-term investment goals and risk tolerance.

Stock Price

The stock opened at €4.3 and closed at the same price. This is the first dividend payout in the company’s history and signals their commitment to returning value to shareholders. The latest dividend declaration provides evidence of the company’s continued strength and stability, and is a sign of confidence that their investments will continue to bring returns in the future. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for 0Q9J. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for 0Q9J. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for 0Q9J. More…

Key Ratios Snapshot

Some of the financial key ratios for 0Q9J are shown below. More…

Analysis

GoodWhale recently conducted an analysis of ALPHA TRUST ANDROMEDA INVESTMENT TRUST SA’s wellbeing. According to Star Chart, ALPHA TRUST ANDROMEDA INVESTMENT TRUST SA has a remarkably high health score of 7/10 with regard to its cashflows and debt. This indicates that the company is capable of sustaining future operations in times of a crisis. Furthermore, ALPHA TRUST ANDROMEDA INVESTMENT TRUST SA is strong in asset, medium in dividend, profitability and weak in growth. Since ALPHA TRUST ANDROMEDA INVESTMENT TRUST SA is classified as ‘elephant’, a type of company that is rich in assets after deducting off liabilities, this could make it an attractive option for investors for potential investments. Investors who are looking for stable and long-term investments may be particularly interested in this type of company. More…

Peers

The investment industry has become increasingly competitive in recent years, with Alpha Trust Andromeda Investment Trust SA emerging as one of the foremost players. It faces stiff competition from other firms such as Alaris Equity Partners Income Trust, Shandong International Trust Co Ltd, and HAL Trust. All these companies are seeking to gain a larger portion of the market share and remain competitive in the industry.

– Alaris Equity Partners Income Trust ($TSX:AD.UN)

Alaris Equity Partners Income Trust is a publicly traded, closed-end investment trust that provides its investors with a stable stream of income through the purchase and distribution of monthly distributions. It has a market cap of 704.02M as of 2023, and its return on equity (ROE) is 11.08%. Alaris Equity Partners Income Trust is focused on investing in a diversified portfolio of select Canadian and US equities, bonds, and other securities that have the potential to generate sustainable returns over the long term. The trust invests in dividend-paying stocks, and aims to provide investors with an attractive yield while minimizing risk. It also utilizes a conservative investment approach that emphasizes capital preservation.

– Shandong International Trust Co Ltd ($SEHK:01697)

Shandong International Trust Co Ltd is a leading Chinese trust company that specializes in providing trust, investment, and other financial services. It has a market cap of 1.77 billion as of 2023, which indicates the trust that investors have in the company’s ability to generate consistent and reliable returns. This is also reflected in its Return on Equity (ROE) of 4.33%, which is higher than the average for the industry. This suggests that the company is efficiently managing its resources and generating a healthy return on shareholder investments.

– HAL Trust ($LTS:0K9V)

HAL Trust is a large global industrial conglomerate with a market cap of 10.95 billion as of 2023. The company has a Return on Equity (ROE) of 4.35%, meaning it generates a return on the money shareholders have invested in the company. HAL Trust offers a wide range of services, including engineering, manufacturing and metalworking, research, and logistics. It is one of the world’s largest suppliers of industrial components and systems, and has significant operations in the aerospace, automotive, and energy industries. Its customers include leading international manufacturers, government agencies, and other large organizations.

Summary

Alpha Trust Andromeda Investment Trust SA is a highly attractive dividend stock for investors. The company has consistently paid out dividends per share of 0.44 EUR for the past two years, yielding a dividend yield of 10.44%. Analysts have also given the stock a “Buy” rating on most investment research platforms. These factors all point to the stock being a strong long-term investment.