Alterra Capital Holding Ltd. a Top Ranked SAFE Dividend Stock With 2.1% Yield (ALTE)
By Dividend Channel Staff, Friday, January 25, 9:26 AM ET
Alterra Capital Holding Ltd. (ALTE) has been named to the Dividend Channel ''International S.A.F.E. 10'' list, signifying an international stock with above-average ''DividendRank'' statistics including a strong 2.1% yield, as well as a superb track record of at least five years of dividend growth, according to the most recent ''DividendRank'' report.
Alterra Capital Holding Ltd. (ALTE) made the "Dividend Channel International S.A.F.E. 10" list because of these qualities: S. Solid return — hefty yield and strong DividendRank characteristics; A. Accelerating amount — consistent dividend increases over time; F. Flawless five year history — never a missed or lowered dividend; E. Enduring — at least a half-decade of dividend payments.
The annualized dividend paid by Alterra Capital Holding Ltd. is $0.64/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 11/16/2012. Below is a long-term dividend history chart for ALTE, which the report stressed as being of key importance.
ALTE operates in the Insurance Brokers sector, among companies like American International Group Inc (AIG), and Travelers Companies Inc (TRV).
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