
Dividend history
Algoma Central Corporation
ALC.TO
Recent payments
$0.2100CAD
Ex: Aug 18, 2026
Pay: Sep 1
$0.2100CAD
Ex: May 15, 2026
$0.2100CAD
Ex: Feb 13, 2026
$0.2000CAD
Ex: Nov 17, 2025
Pay: Dec 1
$0.2000CAD
Ex: Aug 19, 2025
Pay: Sep 2
$0.2000CAD
Ex: May 16, 2025
Pay: Jun 2
$0.2000CAD
Ex: Feb 14, 2025
Pay: Mar 3
$0.1900CAD
Ex: Nov 18, 2024
Pay: Dec 2
$0.1900CAD
Ex: Aug 20, 2024
Pay: Sep 3
$0.1900CAD
Ex: May 16, 2024
Pay: Jun 3
Algoma Central Corporation has a solid track record of paying dividends consistently over the past three years.
As a significant player in the industrial sector, Algoma Central has maintained regular dividend payments, totaling 13 distributions to its shareholders. With a market cap of about CA$985.8 million, the company shows its commitment to delivering value to investors through these consistent payments.
Investor takeaway: If you're looking for reliable dividend income, Algoma Central's history might catch your eye, especially if you’re using registered accounts like TFSA or RRSP.
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Algoma Central Corporation
ALC.TO
ALC.TO
Algoma Central Corporation
Market cap
$985.80M
P/E
5.8x
Div. yield
3.31%
Div. / share
$0.82
52W high
$25.29
52W low
$15.69
1W change
+0.57%
Beta
0.41
Analyst Price Targets
Based on analyst covering ALC
Wall Street analysts forecast ALC stock price to fall 22.8% over the next 12 months.
Consensus
BearishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$19.00
-22.8% Upside
Current Price
C$24.60
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on ALC's historical volatility
30-Day Vol
24.7%
Annualized
90-Day Vol
24.0%
Annualized
Trend (90d)
+47.1%
Annualized drift
90d Mean
C$29.11
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$26.02 | C$23.90 – C$28.33 |
| 60 trading days | C$27.52 | C$24.40 – C$31.04 |
| 90 trading days | C$29.11 | C$25.12 – C$33.73 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
13 Dividend Payments and 3 Increases
In the last three years, Algoma Central has made 13 dividend payments, including three increases in the dividend amount.
Dividend Payment History
Algoma Central has consistently paid dividends for over three years, with a total of 13 payments. The company has maintained a quarterly dividend of CA$0.21 CAD, highlighting its stability and commitment to returning profits to shareholders. The latest dividend was declared on August 7, 2026, with an ex-dividend date of August 18, 2026, and a payment date set for September 1, 2026.
Dividend Increases
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Alongside its steady payments, Algoma Central has raised its dividend three times during this period. These increases reflect the company's growth and financial health, which may appeal to dividend-focused investors. The stable dividend amount of CA$0.21 CAD shows a commitment to maintaining shareholder value.
Conclusion
Overall, Algoma Central Corporation's dividend payment streak of over three years, along with its history of increases, makes it a reliable choice for investors seeking dividend income. As the company continues to operate in the industrial sector, its ability to sustain and grow dividends may attract interest from Canadian retail investors, especially those using tax-advantaged accounts.
Dividend calendar
| Ticker | ALC.TO |
| Amount | CA$0.21 |
| Ex-dividend | 2026-08-18 |
| Record | 2026-08-18 |
| Payment | 2026-09-01 |
| Declared | 2026-08-07 |
| Trailing yield | 3.31% |
| Stock page | ALC.TO dividend history |
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