BlueScope Steel Dividend
What is BlueScope Steel current dividend yield, its reliability and sustainability?
[object Object] Score3/6
Dividend Score 3/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
|BlueScope Steel Dividend Yield vs Market|
|Market Bottom 25% (AU)||2.6%|
|Market Top 25% (AU)||6.9%|
|Industry Average (Metals and Mining)||8.2%|
|Analyst forecast in 3 Years (BSL)||2.8%|
Notable Dividend: BSL's dividend (2.82%) is higher than the bottom 25% of dividend payers in the Australian market (2.58%).
High Dividend: BSL's dividend (2.82%) is low compared to the top 25% of dividend payers in the Australian market (6.9%).
Stability and Growth of Payments
|Month||Dividend Per Share (annual)||Avg. Yield (%)|
Stable Dividend: BSL has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: BSL's dividend payments have increased, but the company has only paid a dividend for 8 years.
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (8.8%), BSL's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (13.4%), BSL's dividend payments are thoroughly covered by cash flows.