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 | US$0.200 |
| Payout ratio | -19% |
Recent dividend and buyback updates
Algoma Steel Group (NASDAQ:ASTL) Has Announced A Dividend Of CA$0.05
Jun 26
Algoma Steel Group (NASDAQ:ASTL) Has Affirmed Its Dividend Of CA$0.05
Nov 09Recent updates
Is Algoma Steel Group (NASDAQ:ASTL) A Risky Investment?
Aug 28There's No Escaping Algoma Steel Group Inc.'s (NASDAQ:ASTL) Muted Earnings Despite A 28% Share Price Rise
Aug 01Why Algoma Steel Group's (NASDAQ:ASTL) Shaky Earnings Are Just The Beginning Of Its Problems
Jun 27Algoma Steel: Canadian Steel At 3.5 Times The LTM EBITDA
Jun 26Algoma Steel Group (NASDAQ:ASTL) Has Announced A Dividend Of CA$0.05
Jun 26Algoma 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 29Upcoming Dividend Payment
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) | 1.7% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Metals and Mining) | 1.9% |
| Analyst forecast (ASTL) (up to 3 years) | 1.7% |
Notable Dividend: ASTL's dividend (1.71%) is higher than the bottom 25% of dividend payers in the US market (1.4%).
High Dividend: ASTL's dividend (1.71%) is low compared to the top 25% of dividend payers in the US market (4.32%).
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.