Algoma Steel Group Inc.
ASTLBasic Materials · Stock · quarterly payer
$5.48
Add to PortfolioForward Yield
—
Annual Dividend
$0.07
Payout Ratio
39%
5-Yr Growth
—
Ex-Date
May 13, 2025
Frequency
Quarterly
ASTL Dividend Safety Score
66/ 100
Grade B
Safe
Dividend-growth streak2 consecutive years of growth
Cut historyNever cut its dividend on record
Earnings payout coverage39% of earnings paid out
Balance-sheet strengthDebt/equity of 2.72
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is ASTL a good dividend stock?
Yes, with caveatsAlgoma Steel Group Inc. (ASTL) pays a quarterly dividend yielding — ($0.07/yr), with 3 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.
Advantages
- Never cut its dividend on record
- Comfortable payout ratio (39%)
Risks
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- —
- Payout Ratio
- 39%
- Annual Dividend
- $0.07
- 5-Yr Avg Growth
- —
- Ex-Dividend Date
- May 13, 2025
- Years of Growth
- 3
- Frequency
- quarterly
- Beta
- 1.60
- Market Cap
- $577.5M
- P/E Ratio
- —
- 5-Yr Total Return
- -48%
- 52-Week Range
- $3.02 – $7.25
- Dividend Safety
- B · 66/100
- Ever Cut?
- No
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 13, 2025 | — | $0.0500 | regular |
| Mar 21, 2025 | — | $0.0500 | regular |
| Nov 27, 2024 | — | $0.0500 | regular |
| Aug 23, 2024 | — | $0.0500 | regular |
| Jul 2, 2024 | — | $0.0500 | regular |
| Feb 28, 2024 | — | $0.0500 | regular |
| Nov 29, 2023 | — | $0.0500 | regular |
| Aug 24, 2023 | — | $0.0500 | regular |
| Jul 3, 2023 | — | $0.0500 | regular |
| Feb 27, 2023 | — | $0.0500 | regular |
| Nov 30, 2022 | — | $0.0500 | regular |
| Nov 29, 2022 | — | $0.0500 | regular |
| Aug 30, 2022 | — | $0.0500 | regular |
| Jun 24, 2022 | — | $0.0500 | regular |
Income Calculator
At $0.07 / yr per share
Per payment (quarterly)$1.63
Annual$6.50
Monthly avg$0.54
