
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 (ALC.TO) went ex-dividend on August 18, 2026. This means that anyone who owned the stock before this date will receive a dividend of CA$0.21 per share. Understanding the ex-dividend date is important for investors, as it determines who qualifies for the dividend payment.
Investor takeaway: If you held shares of Algoma Central Corporation before the ex-dividend date, you’ll receive your dividend payment on September 1, 2026. This reflects the company’s commitment to returning value to its shareholders.
Advertisement
Algoma Central Corporation
ALC.TO
ALC.TO
Algoma Central Corporation
Market cap
$1.02B
P/E
5.9x
Div. yield
3.26%
Div. / share
$0.82
52W high
$25.29
52W low
$15.69
1W change
+1.67%
Beta
0.41
Analyst Price Targets
Based on analyst covering ALC
Wall Street analysts forecast ALC stock price to fall 21.8% over the next 12 months.
Consensus
BearishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$19.00
-21.8% Upside
Current Price
C$24.30
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
24.5%
Annualized
90-Day Vol
24.2%
Annualized
Trend (90d)
+50.0%
Annualized drift
90d Mean
C$29.05
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$25.79 | C$23.70 – C$28.06 |
| 60 trading days | C$27.37 | C$24.29 – C$30.85 |
| 90 trading days | C$29.05 | C$25.10 – C$33.63 |
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.
Dividend Details
Algoma Central Corporation has a market cap of about CA$1.02 billion and has consistently paid dividends quarterly, with a trailing yield of 3.26%.
Understanding Ex-Dividend Dates
The ex-dividend date is crucial for shareholders. It’s the cutoff date set by the company to determine who is eligible for the upcoming dividend payment. If you buy shares on or after this date, you won’t receive the declared dividend. Typically, this date is set one business day before the record date, when the company finalizes its list of shareholders entitled to the dividend.
Advertisement
Dividend Payment Timeline
After the ex-dividend date of August 18, 2026, Algoma Central Corporation will pay out the CA$0.21 dividend on September 1, 2026. This payment is part of the company’s quarterly dividend policy, which has seen consistent payments over the past three years, including three increases. If you hold shares in registered accounts like a TFSA or RRSP, you may receive these dividends tax-free, depending on your situation.
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 | 3.26% |
| Stock page | ALC.TO dividend history |
Best next step
Keep exploring this topic
If you want to go deeper, these are the most useful follow-up pages and tools for this topic.
Broker comparison
Best trading platforms in Canada
Compare $0-commission brokers before you act on a ticker story.
Safe cash
Best GIC rates in Canada
If the story makes you want to de-risk, compare guaranteed rates next.
HISA roundup
Best high-interest savings accounts
Keep dry powder in a no-fee savings account instead of chequing.
TFSA room
Check TFSA contribution room
Shelter the next contribution before you buy.
Advertisement

Wealth Awesome
Timely coverage of Canadian stocks, earnings, dividends, and market movers for DIY investors. Stories are checked against exchange data and public filings.
View Full Profile →✅ 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.
⚠️ 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.


