Altra Industrial Motion's last quarterly cash dividend of $0.09 per share was issued to shareholders on record before Dec 15, 2022. The dividend payment stands at $0.35 per share annually, which equates to a dividend yield of 0.57%.
Altra Industrial Motion's dividend yield of 0.57% is below the Industrials sector, the industry and its peers average. Compared to its Industrials sector average of 1.45%, Altra Industrial Motion's dividend yield is 61% lower. Historically AIMC's dividend yield has averaged at 1.4% in the last 5 years, which is above the current yield.
Altra Industrial Motion has been paying dividends for the last ten years. According to our records AIMC has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 17% for the last twelve months. However with the stock price up by 28% from a year ago, the dividend yield has decreased by 10%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Dec 15, 2022 | Jan 3, 2023 | Nov 2, 2022 | $0.09 | normal |
| Sep 15, 2022 | Oct 4, 2022 | Jul 25, 2022 | $0.09 | normal |
| Jun 16, 2022 | Jul 6, 2022 | Apr 26, 2022 | $0.09 | normal |
| Mar 16, 2022 | Apr 4, 2022 | Feb 9, 2022 | $0.08 | normal |
| Dec 16, 2021 | Jan 4, 2022 | Oct 20, 2021 | $0.08 | normal |
| Sep 16, 2021 | Oct 4, 2021 | Jul 21, 2021 | $0.08 | normal |
| Jun 17, 2021 | Jul 2, 2021 | Apr 27, 2021 | $0.08 | normal |
| Mar 17, 2021 | Apr 2, 2021 | Feb 10, 2021 | $0.06 | normal |
| Dec 17, 2020 | Jan 5, 2021 | Oct 21, 2020 | $0.06 | normal |
| Sep 17, 2020 | Oct 2, 2020 | Jul 22, 2020 | $0.04 | normal |
| Jun 17, 2020 | Jul 6, 2020 | Apr 29, 2020 | $0.04 | normal |
| Mar 17, 2020 | Apr 2, 2020 | Feb 11, 2020 | $0.17 | normal |
| Dec 17, 2019 | Jan 3, 2020 | Oct 22, 2019 | $0.17 | normal |
| Sep 17, 2019 | Oct 2, 2019 | Jul 22, 2019 | $0.17 | normal |
| Jun 17, 2019 | Jul 2, 2019 | Apr 24, 2019 | $0.17 | normal |
| Mar 15, 2019 | Apr 2, 2019 | Feb 12, 2019 | $0.17 | normal |
| Dec 14, 2018 | Jan 3, 2019 | Oct 16, 2018 | $0.17 | normal |
| Sep 14, 2018 | Oct 2, 2018 | Jul 24, 2018 | $0.17 | normal |
| Jun 15, 2018 | Jul 3, 2018 | Apr 24, 2018 | $0.17 | normal |
| Mar 16, 2018 | Apr 3, 2018 | Feb 13, 2018 | $0.17 | normal |
| Dec 15, 2017 | Jan 3, 2018 | Oct 18, 2017 | $0.17 | normal |
| Sep 15, 2017 | Oct 3, 2017 | Jul 21, 2017 | $0.17 | normal |
| Jun 14, 2017 | Jul 6, 2017 | Apr 26, 2017 | $0.17 | normal |
| Mar 15, 2017 | Apr 4, 2017 | Feb 8, 2017 | $0.15 | normal |
| Dec 15, 2016 | Jan 4, 2017 | Oct 19, 2016 | $0.15 | normal |
| Sep 15, 2016 | Oct 4, 2016 | Jul 20, 2016 | $0.15 | normal |
| Jun 15, 2016 | Jul 5, 2016 | Apr 28, 2016 | $0.15 | normal |
| Mar 16, 2016 | Apr 4, 2016 | Feb 11, 2016 | $0.15 | normal |
Altra Industrial Motion's payout ratio of 134.6% is above the Industrials sector and the industry average. Compared to its Industrials sector average of 27.4%, Altra Industrial Motion's payout ratio is 391% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| KAMN KAMAN Corp | 3.29% | $0.8 | 125% |
| TKR Timken Co | 1.51% | $1.23 | 24.5% |
| AIMC Altra Industrial Motion Corp | 0.57% | $0.35 | 134.6% |
| GE General Electric Co | 0.38% | $0.32 | N/A |
| AMOT Allied Motion Technologies Inc | 0.26% | $0.1 | 10.1% |
Yes, Altra Industrial Motion has paid four dividends in the last twelve months. AIMC has been paying dividends since 2012.
AIMC hasn't announced its next dividend date yet, but if we take into consideration its recent dividend frequency, it is likely that its next dividend will be in March 2023.
Altra Industrial Motion's last regular dividend was on Dec 15, 2022 (ex-date) with the amount of $0.09 per share.
On an annual basis AIMC pays $0.35 per share.
Currently Altra Industrial Motion's dividend yield is 0.57%.
Altra Industrial Motion pays dividends quarterly.
The dividend payout ratio of Altra Industrial Motion is 134.6%.
Altra Industrial Motion's dividend yield is below the Industrials sector average.