ArcelorMittal is a dividend paying company with a current yield of 1.94% that is well covered by earnings. Next payment date is on 18th June, 2024 with an ex-dividend date of 16th May, 2024.
Key information
1.9%
Dividend yield
55%
Payout ratio
Industry average yield
10.9%
Next dividend pay date
18 Jun 24
Ex dividend date
16 May 24
Dividend per share
n/a
Earnings per share
R$0.93
Dividend yield forecast in 3Y
2.4%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ARMT34's dividend payments have been volatile in the past 10 years.
Growing Dividend: ARMT34's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
ArcelorMittal Dividend Yield vs Market
How does ARMT34 dividend yield compare to the market?
Segment
Dividend Yield
Company (ARMT34)
1.9%
Market Bottom 25% (BR)
2.2%
Market Top 25% (BR)
8.8%
Industry Average (Metals and Mining)
10.9%
Analyst forecast in 3 Years (ARMT34)
2.4%
Notable Dividend: ARMT34's dividend (1.94%) isn’t notable compared to the bottom 25% of dividend payers in the BR market (2.21%).
High Dividend: ARMT34's dividend (1.94%) is low compared to the top 25% of dividend payers in the BR market (8.78%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (54.5%), ARMT34's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (24.3%), ARMT34's dividend payments are well covered by cash flows.