Algoma Steel Group (ASTL) Dividend Yield, Date & History

$9.73

+0.22 (+2.31%)

(As of 08/21/2024 ET)

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Dividend Yield: 2.06%
Annual Dividend: $0.20
Dividend Payout Ratio: 64.52%
Next Dividend Payment: Sep. 27

ASTL Dividend Payments

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ASTL Dividend Yield Over Time

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Algoma Steel Group vs. The Competition

Type	Algoma Steel Group	Materials Companies	NASDAQ Companies
Annual Dividend	$0.20	$17.04	$1.22
Dividend Yield	2.06%	536.49%	403.20%
Annualized 3-Year Dividend Growth	0.00%	22.16%	14.25%

Algoma Steel Group Dividend Payout Ratio

Type	Payout Ratio
Based on Trailing 12 Months of Earnings	64.52%
Based on This Year's Estimates	-80.00%
Based on Next Year's Estimates	22.99%
Based on Cashflow	12.42%

Algoma Steel Group Dividend History by Quarter

Announced	Period	Amount	Yield	Ex-Dividend Date	Record Date	Payable Date
8/13/2024	Quarterly	$0.05	2.13%	8/23/2024	8/23/2024	9/27/2024
6/20/2024	Quarterly	$0.05	2.86%	7/2/2024	7/2/2024	7/19/2024
2/6/2024	Quarterly	$0.05	2.4%	2/28/2024	2/29/2024	3/29/2024
11/2/2023	Quarterly	$0.0860	4.65%	11/29/2023	11/30/2023	12/29/2023
8/10/2023	Quarterly	$0.05	2.88%	8/24/2023	8/25/2023	9/29/2023
6/21/2023	Quarterly	$0.05	2.87%	7/4/2023	7/5/2023	7/24/2023
2/13/2023	Quarterly	$0.05	2.41%	2/27/2023	2/28/2023	3/31/2023
11/7/2022	Quarterly	$0.05	2.91%	11/29/2022	11/30/2022	12/30/2022
8/3/2022	Quarterly	$0.05	2.17%	8/30/2022	8/31/2022	9/30/2022
6/16/2022	quarterly	$0.05	2.2%	6/24/2022	6/27/2022	7/15/2022
2/14/2022	--	$0.0395	1.7%	2/25/2022	2/28/2022	3/31/2022

(Data available from 1/1/2013 forward)

Algoma Steel Group Dividend - Frequently Asked Questions

What is Algoma Steel Group's dividend yield?: The current dividend yield for Algoma Steel Group is 2.06%. Learn more on ASTL's dividend yield history.
How much is Algoma Steel Group's annual dividend?: The annual dividend for ASTL shares is $0.20. Learn more on ASTL's annual dividend history.
How often does Algoma Steel Group pay dividends?: Algoma Steel Group pays quarterly dividends to shareholders.
When is Algoma Steel Group's next dividend payment?: Algoma Steel Group's next quarterly dividend payment of $0.05 per share will be made to shareholders on Friday, September 27, 2024.
When was Algoma Steel Group's most recent dividend payment?: Algoma Steel Group's most recent quarterly dividend payment of $0.05 per share was made to shareholders on Friday, July 19, 2024.
When is Algoma Steel Group's ex-dividend date?: Algoma Steel Group's next ex-dividend date is Friday, August 23, 2024.
When was Algoma Steel Group's most recent ex-dividend date?: Algoma Steel Group's most recent ex-dividend date was Tuesday, July 2, 2024.
When did Algoma Steel Group last increase or decrease its dividend?: The most recent change in the company's dividend was a decrease of $0.0360 on Tuesday, February 6, 2024.
What is Algoma Steel Group's dividend payout ratio?: The dividend payout ratio for ASTL is:
64.52% based on the trailing year of earnings

22.99% based on next year's estimates

12.42% based on cash flow
Is Algoma Steel Group a good dividend stock?: Algoma Steel Group's dividend yield of 2.01% is lower than the average Basic Materials company that issues a dividend. Algoma Steel Group's dividend payout ratio of 64.52% is at a healthy, sustainable level, below 75% of its earnings.