Algoma Steel Group Dividends and Buybacks
Dividend criteria checks 1/6
Algoma Steel Group is a dividend paying company with a current yield of 1.71%. Next payment date is on 27th December, 2024 with an ex-dividend date of 27th November, 2024.
Key information
1.7%
Dividend yield
0.006%
Buyback Yield
| Total Shareholder Yield | 1.7% |
| Future Dividend Yield | 1.7% |
| Dividend Growth | -8.7% |
| Next dividend pay date | 27 Dec 24 |
| Ex dividend date | 27 Nov 24 |
| Dividend per share | €0.200 |
| Payout ratio | -19% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 9ZY has been paying a dividend for less than 10 years.
Growing Dividend: 9ZY'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 (9ZY) | 1.7% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Metals and Mining) | 2.7% |
| Analyst forecast (9ZY) (up to 3 years) | 1.7% |
Notable Dividend: 9ZY's dividend (1.71%) is higher than the bottom 25% of dividend payers in the German market (1.67%).
High Dividend: 9ZY's dividend (1.71%) is low compared to the top 25% of dividend payers in the German market (4.81%).
Earnings Payout to Shareholders
Earnings Coverage: 9ZY is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: 9ZY is paying a dividend but the company has no free cash flows.