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Here's What We Like About ALBIS Leasing's (ETR:ALG) Upcoming Dividend
Here's What We Like About ALBIS Leasing's (ETR:ALG) Upcoming Dividend

Yahoo

time2 days ago

  • Business
  • Yahoo

Here's What We Like About ALBIS Leasing's (ETR:ALG) Upcoming Dividend

It looks like ALBIS Leasing AG (ETR:ALG) is about to go ex-dividend in the next 3 days. The ex-dividend date generally occurs two days before the record date, which is the day on which shareholders need to be on the company's books in order to receive a dividend. The ex-dividend date is of consequence because whenever a stock is bought or sold, the trade can take two business days or more to settle. Thus, you can purchase ALBIS Leasing's shares before the 3rd of July in order to receive the dividend, which the company will pay on the 7th of July. The company's upcoming dividend is €0.09 a share, following on from the last 12 months, when the company distributed a total of €0.09 per share to shareholders. Calculating the last year's worth of payments shows that ALBIS Leasing has a trailing yield of 3.2% on the current share price of €2.78. We love seeing companies pay a dividend, but it's also important to be sure that laying the golden eggs isn't going to kill our golden goose! We need to see whether the dividend is covered by earnings and if it's growing. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. Dividends are usually paid out of company profits, so if a company pays out more than it earned then its dividend is usually at greater risk of being cut. That's why it's good to see ALBIS Leasing paying out a modest 30% of its earnings. Companies that pay out less in dividends than they earn in profits generally have more sustainable dividends. The lower the payout ratio, the more wiggle room the business has before it could be forced to cut the dividend. Check out our latest analysis for ALBIS Leasing Click here to see how much of its profit ALBIS Leasing paid out over the last 12 months. Stocks in companies that generate sustainable earnings growth often make the best dividend prospects, as it is easier to lift the dividend when earnings are rising. If earnings decline and the company is forced to cut its dividend, investors could watch the value of their investment go up in smoke. That's why it's comforting to see ALBIS Leasing's earnings have been skyrocketing, up 26% per annum for the past five years. Another key way to measure a company's dividend prospects is by measuring its historical rate of dividend growth. In the last nine years, ALBIS Leasing has lifted its dividend by approximately 11% a year on average. It's exciting to see that both earnings and dividends per share have grown rapidly over the past few years. Is ALBIS Leasing worth buying for its dividend? Companies like ALBIS Leasing that are growing rapidly and paying out a low fraction of earnings, are usually reinvesting heavily in their business. This is one of the most attractive investment combinations under this analysis, as it can create substantial value for investors over the long run. We think this is a pretty attractive combination, and would be interested in investigating ALBIS Leasing more closely. With that in mind, a critical part of thorough stock research is being aware of any risks that stock currently faces. Our analysis shows 4 warning signs for ALBIS Leasing that we strongly recommend you have a look at before investing in the company. Generally, we wouldn't recommend just buying the first dividend stock you see. Here's a curated list of interesting stocks that are strong dividend payers. — Investing narratives with Fair Values A case for TSXV:USA to reach USD $5.00 - $9.00 (CAD $7.30–$12.29) by 2029. By Agricola – Community Contributor Fair Value Estimated: CA$12.29 · 0.9% Overvalued DLocal's Future Growth Fueled by 35% Revenue and Profit Margin Boosts By WynnLevi – Community Contributor Fair Value Estimated: $195.39 · 0.9% Overvalued Historically Cheap, but the Margin of Safety Is Still Thin By Mandelman – Community Contributor Fair Value Estimated: SEK232.58 · 0.1% Overvalued View more featured narratives — Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

ALBIS Leasing posts 32% rise in earnings before taxes in 2024
ALBIS Leasing posts 32% rise in earnings before taxes in 2024

Yahoo

time05-05-2025

  • Business
  • Yahoo

ALBIS Leasing posts 32% rise in earnings before taxes in 2024

ALBIS Leasing has reported consolidated earnings before taxes of €5.8m ($6.5m) for the financial year 2024, a 32% increase from €4.4m in 2023. The company also posted an 18% rise in earnings before taxes under the German Commercial Code (HGB), amounting to €4.6m for 2024, compared to €3.9m in the previous year. ALBIS attributed the earnings growth to strong new business performance, particularly in the high-margin 'trade/manufacturers' segment. Furthermore, the company attributed sustained positive earnings trends, effective cost management, and a stable risk profile in the leasing portfolio to the rise in earnings. Following the positive financial results, the ALBIS management board and supervisory board intend to declare a dividend of €0.09 per share for 2024, up from €0.08 per share in the prior year. The proposed figures will be presented at the annual general meeting on 2 July. Based on the 2024 year-end share price, the figures translate to a dividend yield of 3.3%, the company said. The proposed dividend aligns with the company's long-term goal of maintaining a consistent dividend payout of up to €0.10 per share. ALBIS Leasing CEO Sascha Lerchl said: 'The strong earnings performance in the 2024 financial year enables us to pay our shareholders an attractive dividend again this year. This will enable them to continue to participate in our business success in the future. 'The central basis for this will continue to be our strategic focus on the high-margin small-ticket business and – associated with this – our overall increased level of profitability.' Looking ahead, ALBIS anticipates new business volumes similar to the previous year, ranging from €95m to €102.5m for the 2025 fiscal year. The company anticipates consolidated earnings before taxes (IFRS) to remain steady at €4.5m to €5.75m, despite ongoing political and macroeconomic challenges. Lerchl added: 'Despite the tense economic situation, we expect the risk situation in our portfolio to remain stable in the 2025 fiscal year and that we will once again achieve strong results.' Based in Hamburg, ALBIS Leasing has been operating for over 35 years. Independent of banks and manufacturers, it helps small and medium-sized businesses across Germany finance their projects. ALBIS also partners with dealers and manufacturers to provide sales financing. Its 100 employees offer expertise in leasing, hire purchase, and e-commerce solutions for various industries. "ALBIS Leasing posts 32% rise in earnings before taxes in 2024" was originally created and published by Leasing Life, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

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