NYSE:AXL
American Axle & Manufacturing Holdings Stock Dividends
$7.39
+0.0500 (+0.681%)
At Close: May 01, 2024
AXL used to pay dividends quarterly. Last paid amount was $0.0200 at Dec 29, 2008. As of today, dividend yield (TTM) is 0%.
Dividend Yield Range
The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
AI Analysis of AXL
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Key Stats
| Dividend Yield (TTM) | 0% |
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| Frequency | Quarterly |
| 1Y Growth | 0% |
| Payout Ratio | 0 |
| Amount Per Share | $0.0200 |
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American Axle & Manufacturing Holdings Inc has not yet announced its next dividend date. Last payment date was: Dec 29, 2008.
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AXL Dividend Payout History
To ensure a understanding of AXL's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Nov 21, 2008 | Dec 04, 2008 | Dec 29, 2008 | $0.0200 | 0.92% |
| 2 | Aug 22, 2008 | Sep 03, 2008 | Sep 26, 2008 | $0.0200 | 0.316% |
| 3 | May 22, 2008 | Jun 04, 2008 | Jun 27, 2008 | $0.150 | 1.78% |
| 4 | Feb 22, 2008 | Mar 05, 2008 | Mar 28, 2008 | $0.150 | 0.727% |
| 5 | Nov 21, 2007 | Dec 05, 2007 | Dec 28, 2007 | $0.150 | 0.80% |
| 6 | Aug 23, 2007 | Sep 05, 2007 | Sep 28, 2007 | $0.150 | 0.594% |
| 7 | May 23, 2007 | Jun 05, 2007 | Jun 28, 2007 | $0.150 | 0.505% |
| 8 | Feb 21, 2007 | Mar 05, 2007 | Mar 28, 2007 | $0.150 | 0.541% |
| 9 | Nov 22, 2006 | Dec 05, 2006 | Dec 28, 2006 | $0.150 | 0.784% |
| 10 | Aug 23, 2006 | Sep 05, 2006 | Sep 28, 2006 | $0.150 | 0.89% |
Dividend Sustainability
The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.
Sustainability score
Low (8.52%)
Growth potential
No dividend expected in the near future
AXL Stock Competitors
| Symbol | Amount Per Share | Dividend Yield (TTM) | Payout Ratio (TTM) | ||
|---|---|---|---|---|---|
| Arcos Dorados Holdings Inc | 2.27B | $0.0600 | 1.63% | 22.08% | |
| American Axle & Manufacturing Holdings Inc | 862.744M | $0.0200 | 0% | - |
FAQ
What factors can affect the amount of AXL's dividend payments?
The amount of AXL's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in AXL sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.
Can dividends from AXL stock be automatically reinvested?
If AXL offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy AXL stock.
How often does AXL pay dividend?
American Axle & Manufacturing Holdings Inc (AXL) used to pay dividends quarterly. The most recent payout was on Dec 29, 2008.
How much does AXL pays per share?
The last recorder (Dec 04, 2008) dividend per share was $0.0200.
What is AXL dividend growth rate?
Over the last year, American Axle & Manufacturing Holdings Inc has witnessed growth rate of 0% . Looking back over the past 3 years, this growth rate has been 0%. Furthermore, examining the past 5 years, American Axle & Manufacturing Holdings Inc has maintained an average Dividends Per Share Growth Rate of 0%.
