About Andina Acquisition Corp. III (ANDAR) β Dividend Analysis 2026
Andina Acquisition Corp. III is a blank check company for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities. The company is headquartered in New York, New York. The firm's purpose is to enter into a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities.
Is ANDAR a good dividend investment in 2026?
ANDAR offers a 220.99% forward yield with a 50% payout ratio. Strand Safety Score: 15/100 (Critical Risk). The 5-year dividend CAGR of 0% is modest β investors should weigh current income against growth alternatives.
ANDAR DRIP calculator β what's the difference?
With DRIP on a $10,000 investment over 10 years, your ANDAR portfolio grows to $1161.38M vs $231.0K without reinvestment. This is the compound interest effect in action.
ANDAR dividend growth history & forecast
ANDAR has grown its dividend by 0% over the last year and 0% annually over 5 years. At this pace, an investor who holds for 10+ years will see their yield on cost grow substantially above the current 220.99%.
Company generates negative FCF ($-254,332) β borrowing to pay dividends
Debt Leverage0.0Γ Debt/EBITDA
0 / 30 pts
0/30
Company not generating EBITDA β debt servicing risk is elevated
Earnings Momentum+0.0B β +0.0B β -0.0B
15 / 30 pts
15/30
Net income grew in the latest year β positive but trend is unconfirmed
OVERALL ASSESSMENT
High risk of dividend cut β weak fundamentals across multiple factors.
STRAND SCORE
15
/100
Strand Safety Scoreβ’ is proprietary to DividendFlow. Inputs: FCF, Debt/EBITDA, Net Income from SEC filings via FMP. Not financial advice. N/A for ETFs, pre-revenue companies, and tickers without income statements.
π ANDAR Yield by Country & Account Type
Real after-tax yield depends on where you live and how you hold ANDAR.
Real yield = after-tax yield minus US CPI of 2.8%. 12-month CPI (US BLS via FMP economic-indicators). Click any row to select. US withholding tax (30%, reducible by treaty) applies to non-US residents holding US stocks in taxable accounts.
π― ANDAR Income Goal & Break-Even
Dividend Break-Even
1yr
Years for dividends to fully repay your ANDAR investment of $0.91/share (πΊπΈ US Taxable (15%) Β· 15.00% tax)
$10K invested Β· 10 Years
Dividends earned (DRIP)
$390.46M
Lost to inflation (2.8% CPI)
β$2.5K
Real purchasing power gain
$390.46M
12-month CPI (US BLS via FMP economic-indicators).
How much do I need to invest in ANDAR for:
Shares needed
14,118
Capital required
$12,777
Monthly income
$2,000
Based on current dividend of $2.00/share/yr Β· πΊπΈ US Taxable (15%) Β· static projection (no growth assumed).
π ANDAR Dividend Payment Schedule
ANDAR pays quarterly β 4 times per year. Next ex-div: TBD.
Jan
Feb
Mar
π°
Apr
May
Jun
π°
Jul
Aug
Sep
π°
Oct
Nov
Dec
π°
10 shares
$4.25 / payment
$17.00 / year after tax
100 shares
$42.50 / payment
$170.00 / year after tax
1,000 shares
$425.00 / payment
$1700.00 / year after tax
π ANDAR vs Financial Services Benchmarks
How ANDAR compares to typical Financial Services averages.
Benchmark: Financial Services
Dividend Yieldβ²+218.09% vs sectorBetter
ANDAR
220.99%
avg
2.90%
5Y Dividend CAGRβΌ-7.10% vs sectorBelow avg
ANDAR
0.00%
avg
7.10%
Payout RatioβΌ+12.00% vs sectorBelow avg
ANDAR
50.00%
avg
38.00%
Benchmarks: S&P 500 sector averages (2024β2026). Sources: Morningstar, Bloomberg, NAREIT. 5Y CAGR for ANDAR sourced from FMP /financial-growth endpoint β real data, not estimates.
ποΈ ANDAR Insider Activity
When executives buy their own stock, it's a signal they believe in the dividend's sustainability.
Insider
Title
Type
Date
Shares
Price
Total Value
Alt Jaxie S.
director, officer: Co-CEO & CMO
A-Award
2021-07-20
121,078
β
β
Alt Jaxie S.
director, officer: Co-CEO & CMO
A-Award
2021-07-20
121,078
β
β
GLAZER CAPITAL, LLC
10 percent owner
J-Other
2020-10-30
850,000
$10.24
$8.70M
GLAZER CAPITAL, LLC
10 percent owner
J-Other
2020-07-24
1,200,000
$10.23
$12.28M
Schenker Walter Milton
director
Other
2019-04-04
1,000
β
β
Schenker Walter Milton
director
Other
2019-04-04
10,000
β
β
Torres Julio A.
director, officer: Chief Executive Officer
Other
2019-01-24
11,364
β
β
Torres Julio A.
director, officer: Chief Executive Officer
Other
2019-01-24
1,136
β
β
Polar Asset Management Partners Inc.
10 percent owner
J-Other
2017-10-31
600,000
$10.21
$6.13M
Carrera Eric
officer: Senior Vice President
Other
2015-11-24
143
β
β
Insider transactions sourced from SEC Form 4 filings via Financial Modeling Prep. See disclaimer.
π About This Data
Dividend yields, payout ratios, and financial metrics are sourced from Financial Modeling Prep (FMP) and cross-referenced with SEC EDGAR filings. Data is cached and updated every 24 hours via our nightly refresh. DRIP projections are forward-looking estimates, not guarantees.
Educational purposes only. Not financial advice. DividendFlow is not a registered investment advisor. Projections generated by the ANDAR dividend calculator are estimates based on historical data and user inputs. Actual future returns, stock prices, and dividend payments will vary. Dividends can be cut or suspended at any time. All investments carry risk, including the loss of principal. Please consult a qualified financial professional before making any investment decisions. Full disclaimer β