BlueScope Steel Dividends and Buybacks
Dividend criteria checks 4/6
BlueScope Steel is a dividend paying company with a current yield of 3.12% that is well covered by earnings.
Key information
3.1%
Dividend yield
3.8%
Buyback Yield
| Total Shareholder Yield | 7.0% |
| Future Dividend Yield | 3.1% |
| Dividend Growth | 13.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | AU$0.600 |
| Payout ratio | 31% |
Recent dividend and buyback updates
BlueScope Steel (ASX:BSL) Is Increasing Its Dividend To A$0.30
Aug 21
BlueScope Steel (ASX:BSL) Has Announced A Dividend Of A$0.25
Feb 21Recent updates
Is BlueScope Steel (ASX:BSL) Using Too Much Debt?
Dec 11Why Investors Shouldn't Be Surprised By BlueScope Steel Limited's (ASX:BSL) Low P/E
Sep 26BlueScope Steel (ASX:BSL) Is Increasing Its Dividend To A$0.30
Aug 21BlueScope Steel Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Aug 20BlueScope Steel Limited's (ASX:BSL) Intrinsic Value Is Potentially 72% Above Its Share Price
May 21Improved Earnings Required Before BlueScope Steel Limited (ASX:BSL) Shares Find Their Feet
Apr 26These 4 Measures Indicate That BlueScope Steel (ASX:BSL) Is Using Debt Reasonably Well
Mar 14BlueScope Steel (ASX:BSL) Has Announced A Dividend Of A$0.25
Feb 21Is There An Opportunity With BlueScope Steel Limited's (ASX:BSL) 30% Undervaluation?
Feb 05Stability and Growth of Payments
Fetching dividends data
Stable Dividend: BSL's dividend payments have been volatile in the past 10 years.
Growing Dividend: BSL's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| BlueScope Steel Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (BSL) | 3.1% |
| Market Bottom 25% (AU) | 2.6% |
| Market Top 25% (AU) | 6.2% |
| Industry Average (Metals and Mining) | 6.0% |
| Analyst forecast (BSL) (up to 3 years) | 3.1% |
Notable Dividend: BSL's dividend (3.12%) is higher than the bottom 25% of dividend payers in the Australian market (2.65%).
High Dividend: BSL's dividend (3.12%) is low compared to the top 25% of dividend payers in the Australian market (6.18%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (30.6%), BSL's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (60.5%), BSL's dividend payments are covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 23:54 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
BlueScope Steel Limited is covered by 29 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Russell Wright | Barclay Pearce Capital Pty Limited |
| Megan Kirby-Lewis | Barrenjoey Markets Pty Limited |
| April Lowis | Barrenjoey Markets Pty Limited |