Dividends for Algoma Steel Group in 2024 (Updated Date)
Algoma Steel Group logo
Algoma Steel Group
Price 9.49CAD
-0.05 (-0.52%)
Dividend Yield 2.87%
Payout Ratio 38.54%
Dividend Growth 0 years
ISIN CA0156581070
Ticker ASTL
Sector Basic Materials
Industry Steel
Index TSE
Updated: Jun 28, 2024, 8:00:01 PM (UTC)

Algoma Steel Group Dividends

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Dividend/share amount Ex-dividend Date Payment Date Dividend Yield
Next Dividend $0.05 7/2/24 7/19/24 0.52%
0.52%
Last Dividend $0.05 2/28/24 3/28/24 N/A
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Algoma Steel Group FAQ

A dividend of $0.05 per share has been established by Algoma Steel Group (ASTL), with a yield of 0.52%.

Shareholders who own Algoma Steel Group shares until July 2, 2024 will receive $0.05 per share on the payment date, which is July 19, 2024.

The most recent dividend payment by Algoma Steel Group, made on March 28, 2024, was $0.05 per share.

Given that there are no dividend payments in Algoma Steel Group, a dividend yield is not available.

Algoma Steel Group's payout ratio, which was 42.13% in the last fiscal year, indicates that profits can support the dividend payment.

Algoma Steel Group, having paid dividends for only one year, does not meet the criteria to be considered as having a growing dividend.