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Algoma Steel Group (ASTL) Dividend Yield, Date & History

Algoma Steel Group logo
C$13.68 -0.06 (-0.44%)
(As of 12/17/2024 ET)

Algoma Steel Group Dividend Summary

Dividend Yield
1.97%
Annual Dividend
C$0.27
Next
Dividend Payment
Dec. 27
Dividend Payout Ratio
-122.73%

Algoma Steel Group (ASTL) pays an annual dividend of C$0.27 per share, with a dividend yield of 1.97%. The next payment of C$0.05 per share is scheduled for Friday, December 27, to investors who owned the stock before the ex-dividend date of Wednesday, November 27. The company currently pays out -122.73% of its earnings and 3.70% of its cash flow as dividends.

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ASTL Dividend Payments by Quarter

The chart below displays up to four years of Algoma Steel Group's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

ASTL Dividend Yield Over Time

The chart below tracks Algoma Steel Group's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Algoma Steel Group vs. The Competition

Compare Algoma Steel Group's annual dividend, yield, and 3-year growth rate with averages for Materials and TSE companies to evaluate its performance against the market.

TypeAlgoma Steel GroupMaterials CompaniesTSE Companies
Annual DividendC$0.27C$0.17C$1.05
Dividend Yield1.97%5.25%5.74%

Algoma Steel Group Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings-122.73%
Based on This Year's Estimate18.25%
Based on Cashflow3.70%

Algoma Steel Group Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
11/27/2024Quarterly$0.05 - 1.31%11/27/202412/27/202412/27/2024
8/23/2024Quarterly$0.05 - 1.5%8/23/20249/27/20249/27/2024
7/2/2024Quarterly$0.05 - 2.1%7/2/20247/19/20247/19/2024
2/28/2024Quarterly$0.05 - 1.82%2/28/20243/29/20243/29/2024
11/29/2023Quarterly$0.05 - 2.01%11/29/202312/29/202312/29/2023
8/24/2023Quarterly$0.05 - 1.92%8/24/20239/29/20239/29/2023
7/4/2023Quarterly$0.05 - 2.12%7/4/20237/24/20237/24/2023

This table shows Algoma Steel Group's dividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Algoma Steel Group Dividend - Frequently Asked Questions

The current dividend yield for Algoma Steel Group is 1.97%. Learn more on ASTL's dividend yield history.

The annual dividend for ASTL shares is C$0.27. Learn more on ASTL's annual dividend history.

Algoma Steel Group pays quarterly dividends to shareholders.

Algoma Steel Group's next quarterly dividend payment of C$0.05 per share will be made to shareholders on Friday, December 27, 2024.

Algoma Steel Group's most recent quarterly dividend payment of C$0.05 per share was made to shareholders on Friday, September 27, 2024.

Algoma Steel Group's most recent ex-dividend date was Wednesday, November 27, 2024.

The dividend payout ratio for ASTL is:
  • -122.73% based on the trailing year of earnings
  • 18.25% based on this year's estimates
  • 3.70% based on cash flow

Algoma Steel Group's dividend yield of 1.96% is lower than the average Basic Materials company that issues a dividend.

Looking at the stock as a whole, market analysts rate Algoma Steel Group stock as a Moderate Buy, forecasting growth opportunities and potential value appreciation.


This page (TSE:ASTL) was last updated on 12/18/2024 by MarketBeat.com Staff
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