ASTL Dividend History - Algoma Steel

Track the latest ASTL dividend history! 2.12% Dividend Yield, 0.00% Annual Growth - Explore ASTL's complete dividend history

Yield 12m 2.12%
Cash Amount 12m 0.20
Dividend Growth 5y avg -
Dividend Rating 33.76%
Yield on Cost 5y 2.22%
Payout Ratio current 38.5%
Payout Frequency 12m 4
Payout Consistency 98.3%
Total Return 12m: 3.18%
#91 in Group
Total Return 5y: 4.45%
#105 in Group

Dividends Cash Amount per Share Yearly

Number of Payouts Yearly

5 Years Chart with Price and Dividend Yield

Top Dividend Payers in Diversified Metals & Mining
Top Dividend Yield
Symbol Market Cap in USD Yield Yield on Cost
ASTL 1,114m 2.12% 2.22%
ECOR 208m 275% 102%
EIC 285m 15.6% 22.4%
RIO 102,033m 7.42% 11.3%
Top Dividend Grower
Symbol Market Cap in USD Grow Rating
ASTL 1,114m - 33.8%
VOXR 135m 48.3% 58.1%
TECK 23,582m 35.1% 53.6%
TFPM 3,271m 28.8% 52.5%

ASTL Dividend History - Last 12 Dividends (Paid in USD)

Ex-Date Record Date Payment Date Period Cash Amount Growth Rate Payout Yield
2024-11-27 0.05 0.46%
2024-08-23 2024-08-23 2024-09-27 Quarterly 0.05 0.51%
2024-07-02 2024-07-02 2024-07-19 Quarterly 0.05 0.73%
2024-02-28 2024-02-29 2024-03-29 Quarterly 0.05 0.58%
2023-11-29 2023-11-30 2023-12-29 Quarterly 0.05 0.6%
2023-08-24 2023-08-25 2023-09-29 Quarterly 0.05 0.71%
2023-07-03 2023-07-05 2023-07-24 Quarterly 0.05 0.71%
2023-02-27 2023-02-28 2023-03-31 Quarterly 0.05 0.67%
2022-11-29 2022-11-30 2022-12-30 Quarterly 0.05 0.77%
2022-08-30 2022-08-31 2022-09-30 Quarterly 0.05 0.52%
2022-06-24 2022-06-27 2022-07-15 Quarterly 0.05 0.55%
2022-02-25 2022-02-28 2022-03-31 Quarterly 0.05 0.58%

ASTL Dividend History - FAQ

What is the Dividend Yield of ASTL?

As of December 2024 ASTL`s Dividend Yield is 2.12%. It is calculated by dividing the dividend payments of the last 12-Months (TTM) of 0.20 USD by the current stock price of 9.42.

What is the long-term Dividend Growth Rate of ASTL?

In the last 5 Years the Average Dividend Growth Rate was 0.00% per year. This shows that the dividend payments have been stable over time. It is a neutral sign, as it indicates that the dividend payments have been stable over time.

How often does ASTL pay dividends?

Within the last 12 Months (TTM, Trailing Twelve Months) ASTL paid 4 times a dividend.

What is the Yield on Cost of ASTL?

The 5 Year Yield-On-Cost is 2.22%. That's the effective dividend income you'd receive today if you purchased Algoma Steel five years ago. It is calculated by the Rate of the last 12 Months (0.20) divided by the price 5 years ago (9.02).

What is the Payout Consistency of ASTL?

ASTL has a Payout Consistency of 98.3%. It shows how stable (Values above 85%) or unstable (Values below 65%) the dividend payouts have been over time. Cutting a dividend is considered negative, while increasing it is considered positive. Equally paying dividends is considered moderate positive.

What is the Dividend Rating of ASTL?

The Overall Dividend Rating of 33.76 is quantified on a scale from 0 to 100. Ratings surpassing 60 are regarded as favorable, exceeding 75 are strong, and surpassing 85 are exceptional. The calculations includes: Yield, Yield on Cost, Dividend History, Consistency of Payouts and Growth Rates over time.

Does ASTL have a good Dividend Yield?

ASTL`s 2.12% Dividend Yield is considered as: moderate.
A good Dividend Yield is generally considered to be at least 4%, while a high dividend yield is considered to be anything over 6%.

What is the next Dividend Date for ASTL?

The next Dividend Date for ASTL is unknown.

What is the Dividend Payout Ratio of ASTL?

The Dividend Payout Ratio of ASTL is 38.5%. A lower payout ratio, such as 30-60%, means there's more room for dividends to grow and better protection to pay dividends even in a recession. If it’s over 80-90%, it could be a red flag that dividends might not be sustainable. However, certain sectors have exceptions due to regulatory requirements or industry norms. For example, REITs and BDCs are required by law to distribute 90% or more of their taxable income as dividends, making high payout ratios standard. Banks, on the other hand, often maintain moderate payout ratios (40-60%) to comply with regulatory capital requirements and ensure stability. If companies outside these regulated sectors have payout ratios exceeding 80-90%, it could be a red flag for unsustainable dividends.

Bonus Section: ASTL Outstanding Shares

What is the Trend of ASTL`s Outstanding Shares?

The Outstanding Shares of Algoma Steel are growing at a rate of 3.50% per year on average over the last 5 years. The Correlation Coefficent of the Outstanding Shares is 60.0%. Investors should be aware that the price of a stock often is negatively affected by an increasing number of shares.

Did Algoma Steel ever had a Stock Split?

No Stock Splits found.
Year Number of Shares (Mill.) Growth Rate
2013 500010800
2014 515012300 +3%
2020 112074100
2021 126200000 +12.6%
2022 108400000 -14.1%
2023 280000000 +158.3%
2024 133100000 -52.46%