ASX:BSLMetals and Mining
Will BlueScope’s A$438m Special Dividend Change BlueScope Steel's (ASX:BSL) Capital Allocation Narrative
Earlier in January 2026, BlueScope Steel Limited announced it would return A$438 million in surplus cash to shareholders via an unfranked special dividend of A$1.00 per share, with shares trading ex-dividend from 20 January, a record date of 21 January and payment scheduled for 24 February.
This one-off cash return highlights BlueScope’s current capital management priorities and raises questions about how the company balances reinvestment with shareholder distributions.
We’ll now examine how...