Algoma Steel Group Dividend
Dividend criteria checks 1/6
Algoma Steel Group is a dividend paying company with a current yield of 1.93%.
Key information
1.9%
Dividend yield
-151%
Payout ratio
| Industry average yield | 1.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CA$0.200 |
| Earnings per share | -CA$0.19 |
| Dividend yield forecast | 1.9% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, ASTL has been paying a dividend for less than 10 years.
Growing Dividend: ASTL's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Algoma Steel Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ASTL) | 1.9% |
| Market Bottom 25% (CA) | 1.7% |
| Market Top 25% (CA) | 5.8% |
| Industry Average (Metals and Mining) | 1.6% |
| Analyst forecast (ASTL) (up to 3 years) | 1.9% |
Notable Dividend: ASTL's dividend (1.93%) is higher than the bottom 25% of dividend payers in the Canadian market (1.72%).
High Dividend: ASTL's dividend (1.93%) is low compared to the top 25% of dividend payers in the Canadian market (5.85%).
Earnings Payout to Shareholders
Earnings Coverage: ASTL is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: ASTL is paying a dividend but the company has no free cash flows.