BlueScope Steel Dividends and Buybacks
Dividend criteria checks 4/6
BlueScope Steel is a dividend paying company with a current yield of 2.83% that is well covered by earnings.
Key information
2.8%
Dividend yield
3.5%
Buyback Yield
| Total Shareholder Yield | 6.3% |
| Future Dividend Yield | 2.8% |
| Dividend Growth | 12.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$0.398 |
| Payout ratio | 31% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: BLSF.Y's dividend payments have been volatile in the past 10 years.
Growing Dividend: BLSF.Y's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| BlueScope Steel Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (BLSF.Y) | 2.8% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Metals and Mining) | 1.9% |
| Analyst forecast (BLSF.Y) (up to 3 years) | 2.8% |
Notable Dividend: BLSF.Y's dividend (2.83%) is higher than the bottom 25% of dividend payers in the US market (1.37%).
High Dividend: BLSF.Y's dividend (2.83%) is low compared to the top 25% of dividend payers in the US market (4.21%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (30.6%), BLSF.Y's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (60.5%), BLSF.Y's dividend payments are covered by cash flows.