Algoma Steel Group Dividend
Dividend criteria checks 2/6
Algoma Steel Group is a dividend paying company with a current yield of 2.51% that is well covered by earnings.
Key information
2.5%
Dividend yield
51%
Payout ratio
| Industry average yield | 2.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | US$0.55 |
| Dividend yield forecast in 3Y | 2.5% |
Recent dividend updates
Algoma Steel Group (NASDAQ:ASTL) Has Affirmed Its Dividend Of CA$0.05
Nov 09
Algoma Steel Group (NASDAQ:ASTL) Has Affirmed Its Dividend Of CA$0.05
Aug 15Recent updates
Algoma Steel Group (NASDAQ:ASTL) Is Reinvesting At Lower Rates Of Return
Jan 23Algoma Steel Group (NASDAQ:ASTL) Has Affirmed Its Dividend Of CA$0.05
Nov 09Algoma Steel Group (NASDAQ:ASTL) Has Affirmed Its Dividend Of CA$0.05
Aug 15The Returns On Capital At Algoma Steel Group (NASDAQ:ASTL) Don't Inspire Confidence
Aug 01Algoma Steel Group (NASDAQ:ASTL) Is Paying Out A Dividend Of CA$0.05
Jun 28Improved Earnings Required Before Algoma Steel Group Inc. (NASDAQ:ASTL) Stock's 30% Jump Looks Justified
Feb 15Algoma Steel slumps after sees Q2 adjusted EBITDA $75M-$80M and decline in shipments amid production shortfall
Sep 28Algoma Steel Group goes ex-dividend tomorrow
Aug 29Is There An Opportunity With Algoma Steel Group Inc.'s (NASDAQ:ASTL) 31% Undervaluation?
Aug 04Algoma Steel Group GAAP EPS of C$1.49, revenue of C$934.1M
Aug 03Algoma Steel: Tender Offer Likely To Get Undersubscribed
Jun 22Algoma Steel Announces Massive Buyback, To Repurchase +30% In 30 Days
Jun 16Algoma Steel: Exceptional Steel Market Results In Record Performance
Feb 11Algoma Steel: Best Value In The Sector
Nov 29Stability 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 2 years.
Dividend Yield vs Market
| Algoma Steel Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ASTL) | 2.5% |
| Market Bottom 25% (US) | 1.6% |
| Market Top 25% (US) | 4.8% |
| Industry Average (Metals and Mining) | 2.2% |
| Analyst forecast in 3 Years (ASTL) | 2.5% |
Notable Dividend: ASTL's dividend (2.51%) is higher than the bottom 25% of dividend payers in the US market (1.56%).
High Dividend: ASTL's dividend (2.51%) is low compared to the top 25% of dividend payers in the US market (4.82%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (50.7%), ASTL's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: ASTL is paying a dividend but the company has no free cash flows.