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Algoma Central Corporation (ALC.TO) has paid dividends for 3+ years

By Wealth Awesome -

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Dividend history

Algoma Central Corporation

ALC.TO

Full quote →
$0.000$0.105$0.2102023-08-17: $0.18002023-11-16: $0.18002024-02-15: $0.19002024-05-16: $0.19002024-08-20: $0.19002024-11-18: $0.19002025-02-14: $0.20002025-05-16: $0.20002025-08-19: $0.20002025-11-17: $0.20002026-02-13: $0.21002026-05-15: $0.21002026-08-18: $0.2100Aug 23Feb 25Aug 26

Recent payments

$0.2100CAD

Ex: Aug 18, 2026

Pay: Sep 1

Quarterly

$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

Quarterly

$0.2000CAD

Ex: Feb 14, 2025

Pay: Mar 3

Quarterly

$0.1900CAD

Ex: Nov 18, 2024

Pay: Dec 2

Quarterly

$0.1900CAD

Ex: Aug 20, 2024

Pay: Sep 3

Quarterly

$0.1900CAD

Ex: May 16, 2024

Pay: Jun 3

Quarterly

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

Full stock page →

ALC.TO

Algoma Central Corporation

Source:WealthAwesomeWealthAwesome
$0.76 (3.19%)
120 day period
$20.39$22.78$25.17Feb 27May 26Aug 19

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

Bearish

Based 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

Compare analyst targets across the TSX & TSXV →

Analyst ratings and price targets are updated periodically. Not financial advice.

Wealth Awesome Price Forecast

WA Model

Statistical 90-day price range based on ALC's historical volatility

HistoricalForecast68%95%
C$20.61C$24.54C$28.47C$32.40C$36.33C$40.26TodayApr 13Jun 16Aug 19Oct 1Nov 14Dec 27

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

HorizonExpected68% Range (1σ)
30 trading daysC$26.02C$23.90C$28.33
60 trading daysC$27.52C$24.40C$31.04
90 trading daysC$29.11C$25.12C$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

TickerALC.TO
AmountCA$0.21
Ex-dividend2026-08-18
Record2026-08-18
Payment2026-09-01
Declared2026-08-07
Trailing yield3.31%
Stock pageALC.TO dividend history

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Wealth Awesome
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Wealth Awesome

Timely coverage of Canadian stocks, earnings, dividends, and market movers for DIY investors. Stories are checked against exchange data and public filings.

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✅ Reviewed by Certified Financial Professionals

This content has been reviewed by CFA® charterholders and Certified Financial Planners (CFP®) with over a decade of experience in Canadian financial markets. All information is fact-checked against official Canadian sources and regulations.

Why these credentials matter: CFA® charterholders complete 900+ hours of rigorous study in investment analysis and ethics. CFP® professionals are held to the highest standards of financial planning competency and fiduciary duty in Canada.

📊 Data AccuracyVerified sources
🇨🇦 Canadian FocusLocal expertise
🔍 Fact-CheckedEditorial review

⚠️ Professional Disclaimer

This content is for educational purposes only and should not be considered personalized financial advice. While our team brings professional expertise, individual circumstances vary. For personalized guidance, consult with a qualified financial advisor, tax professional, or mortgage specialist.

Published: August 20, 2026
Last Updated: August 20, 2026
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