Dividend Growth of Alon USA Energy, Inc.(ALJ)

Alon USA Energy(ALJ) is having a Dividend Yield of 5.29% with the Annual cash Dividend per share of $0.6. The last quarter cash dividend per share pay out was $0.15. Alon USA Energy has a 5 year average dividend yield of 3.01% and the stock has a Indicated annual dividend of $0.6. Alon USA Energy(ALJ) formally announced its most recent dividend on October 28, 2016 with a Dividend per share of $0.15. The new indicated annual dividend based on announced dividend per share is $0.6. The dividend yield based on the forward looking indicated annual dividend is 5.29%. The 5 year historical dividend growth of Alon USA Energy(ALJ) is at the rate of 42.77% while the R-Squared dividend growth is 0.92. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.

Alon USA Energy, Inc. (NYSE:ALJ) rose 0.44% or 0.05 points on Thursday and made its way into the gainers of the day. After trading began at $11.38 the stock was seen hitting $11.545 as a peak level and $11.32 as the lowest level. The stock ended up at $11.4. The daily volume was measured at 767,524 shares. The 52-week high of the share price is $13.01 and the 52-week low is $5.86. The company has a market cap of $816 million. Shares of Alon USA Energy, Inc. appreciated by 0.44% during the last five trading days but lost 3.8% on a 4-week basis. Alon USA Energy, Inc. is up 33.97% in the last 3-month period. Year-to-Date the stock performance stands at 0.18%.

Currently the company Insiders own 8.8% of Alon USA Energy, Inc. shares according to the proxy statements. Institutional Investors own 46.67% of Alon USA Energy, Inc. shares. During last six month period, the net percent change held by insiders has seen a change of -1.48%. Company has reported several Insider transactions to the SEC, on Aug 24, 2016, David Wiessman (Executive Director) sold 70,000 shares at 7.30 per share price.On Aug 8, 2016, Michael Oster (Sr. VP-Mergers & Acquisitions) sold 18,500 shares at 7.33 per share price.On May 19, 2016, Franklin R. Wheeler (director) purchased 2,000 shares at 7.91 per share price.

Alon USA Energy Last issued its quarterly earnings results on Oct 27, 2016. The company reported $-0.09 EPS for the quarter, beating the analyst consensus estimate by $ 0.01. Analyst had a consensus of $-0.10. The company had revenue of $1043.70 million for the quarter, compared to analysts expectations of $944.96 million. The companys revenue was down -9.3 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.60 EPS.

Alon USA Energy, Inc. is an independent refiner and marketer of petroleum products, operating primarily in the Southwestern and South Central regions of the United States. Alon markets gasoline and diesel products under the FINA brand name and is a leading producer of asphalt in the State of Texas. The Company also operates convenience stores in West Texas and New Mexico under the 7-Eleven and FINA brand names and supplies motor fuels to these stores from its Big Spring refinery.


Share this post

Leave a Reply