Atour Lifestyle Holdings (ATAT) Dividends
Market Cap: $1.09B
Avg Volume: 1.44M
Industry: Travel Lodging
Sector: Consumer Cyclical
Dividend Overview
Atour Lifestyle Holdings (ATAT) pays a annual dividend to its shareholders. The current dividend yield is 2.21%, which means that for every $100 invested at the current price, investors would receive approximately $2.21 in dividends per year (this can change based on future dividend payments and price movements).
About ATAT's Dividend
Atour Lifestyle Holdings pays a annual dividend. The total annual dividend is approximately $0.45 per share, meaning for each share you own, you'll receive about $0.45 in dividends over the course of a year.
The most recent ex-dividend date was September 17, 2024. If you purchase the stock before its ex-dividend date, you'll be eligible for the upcoming dividend payment.
Atour Lifestyle Holdings's payout ratio is 0.34% which means that 0.34% of the company's earnings are paid out as dividends. A low payout ratio indicates that the company has a strong financial position and can invest in growth opportunities, while maintaining room to increase dividends in the future.
Atour Lifestyle Holdings's dividend has decreased by -1.90% over the past year. A decrease in dividends can occur for various reasons, including changes in financial situation or strategic priorities.
ATAT Dividend History
| Dividend | Yield | Date | Record Date | Payment Date | Declaration Date |
|---|---|---|---|---|---|
| $0.45 | 2.21% | September 17, 2024 | September 17, 2024 | September 30, 2024 | August 29, 2024 |
| $0.15 | 0.78% | September 05, 2023 | September 06, 2023 | September 28, 2023 | August 17, 2023 |
Dividend Growth
Atour Lifestyle Holdings (ATAT) dividend payments have decreased -189.58% over the past year
Note: This growth rate represents the year-over-year growth in total dividends paid by the company, which may differ from the growth in dividends per share if the number of outstanding shares has changed.
Dividend Safety
Dividend safety refers to the ability of a company to continue paying its dividends to shareholders without interruption or reduction. A company with a high level of dividend safety is generally considered to have a strong financial position, with a consistent history of paying dividends and a low risk of default.
Key Safety Indicators for ATAT
- Dividend Payout Ratio: 0.34% Low risk
- Dividend & Capex Coverage Ratio: 3.51x Strong coverage
- Dividend Frequency: Annual
- Recent Dividend Growth: -1.90% Negative
What These Indicators Mean
A low payout ratio (typically less than 60%) indicates that a company has enough earnings to pay dividends and retain earnings to reinvest in the business. Atour Lifestyle Holdings's payout ratio is 0.34% , which is very conservative and suggests strong dividend sustainability.
The Dividend & Capex Coverage Ratio of 3.51x indicates how well the company can cover both its dividend payments and capital expenditures from operating cash flows. This strong ratio above 1.5x indicates Atour Lifestyle Holdings can comfortably cover its dividends and necessary investments from its operating cash flow.
Atour Lifestyle Holdings's dividend growth rate of -1.90% is negative, which may signal financial challenges or a shift in capital allocation priorities.
It is worth noting that dividend safety can change over time based on a company's financial performance, industry conditions, and management decisions. Regular monitoring of these metrics is recommended for dividend-focused investors.