SmarterDividends
MT

ArcelorMittal (MT) Dividend

ArcelorMittal S.A. · Basic Materials · Steel · quarterly payer

$60.97

Overvalued · -44% Add to Portfolio

As of Nov 5, 2026, ArcelorMittal (MT) pays a quarterly dividend of $0.15 per share, or $0.60 a year, a 0.96% yield at its $60.97 share price. The next ex-dividend date is Nov 13, 2026, paid Dec 2, 2026. It has raised its dividend 2 years in a row and has a dividend safety grade of C.

Forward Yield

0.96%

Annual Dividend

$0.60

Payout Ratio

24%

5-Yr Growth

—

Ex-Date

Nov 13, 2026

Frequency

Quarterly

Key facts about MT's dividend

Data as of · Source: SmarterDividends data

  • As of Nov 5, 2026, ArcelorMittal S.A. (MT) has a forward dividend yield of 0.96%, based on an annual dividend of $0.60 per share and a share price of $60.97.
  • As of Nov 5, 2026, MT's dividend safety grade from SmarterDividends is C (60 out of 100), which rates the dividend as borderline.
  • By SmarterDividends' count, ArcelorMittal S.A. (MT) has raised its dividend for 2 consecutive years as of Nov 5, 2026.
  • MT last cut its regular dividend in 2023.
  • MT's next ex-dividend date is Nov 13, 2026, with payment on Dec 2, 2026. Shares must be owned before that date to receive the dividend.
  • As of Nov 5, 2026, MT pays out 24% of its trailing 12-month earnings as dividends (its payout ratio).
  • As of Nov 5, 2026, MT's 0.96% yield is 37% below its five-year average yield of 1.53%.
  • As of Nov 5, 2026, SmarterDividends' blended fair-value estimate for MT is $33.90 per share, 44% below the $60.97 share price, so MT screens as overvalued.
  • ArcelorMittal S.A. (MT) pays its dividend quarterly, 4 times a year.
  • ArcelorMittal S.A. (MT) has raised its regular dividend 9 times and cut it 3 times across the 50 payments on record since 1998. Its most recent change was a 45.5% cut to $0.150 per share, going ex-dividend on Feb 20, 2026.
Cite this page

SmarterDividends, "MT Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 5, 2026, https://smarterdividends.com/stocks/MT

Is MT a good dividend stock?

Yes, with caveats

ArcelorMittal S.A. (MT) pays a quarterly dividend yielding 0.96% ($0.60/yr), with 2 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Advantages

  • Comfortable payout ratio (24%)
  • 123% total price return over 5 years

Risks

  • Cut its dividend in 2023

Key Data

Dividend Yield
0.96%
Payout Ratio
24%
Annual Dividend
$0.60
5-Yr Avg Growth
—
Ex-Dividend Date
Nov 13, 2026
Years of Growth
2
Frequency
quarterly
Beta
1.70
Market Cap
$45.8B
P/E Ratio
25.7
5-Yr Total Return
123%
52-Week Range
$36.70 – $79.68
Dividend Safety
C · 60/100
Ever Cut?
Yes (2023)

MT dividend raises and cuts

ArcelorMittal S.A. (MT) has raised its regular dividend 9 times and cut it 3 times across the 50 payments on record since 1998. Its most recent change was a 45.5% cut to $0.150 per share, going ex-dividend on Feb 20, 2026.

Ex-dateChangeOld → newMove
Feb 20, 2026Cut$0.275 → $0.150−45.5%
May 16, 2025Raise$0.250 → $0.275+10.0%
May 16, 2024Raise$0.220 → $0.250+13.6%
May 22, 2023Cut$0.380 → $0.220−42.1%
May 13, 2022Raise$0.300 → $0.380+26.7%
May 16, 2019Raise$0.100 → $0.200+100.0%
May 10, 2013Raise$0.430 → $0.457+6.4%
Feb 17, 2011Raise$0.407 → $0.430+5.5%
Feb 20, 2009Cut$0.813 → $0.407−49.9%
Mar 3, 2008Raise$0.704 → $0.813+15.4%
Feb 28, 2007Raise$0.271 → $0.704+160.0%
Mar 3, 2006Raise$0.217 → $0.271+25.0%
Every MT payment →Download every raise and cut (CSV)
MT ex-dividend date & scheduleNext ex-date Nov 13, 2026 · full ex-dividend historyView →MT dividend historyEvery payment, totals by year, raises and cutsView →MT dividend calculator100 shares pay $60.00 a year, $15.00 each quarterCalculate →MT total return calculatorWhat $10,000 became, with dividends reinvested or taken as cashSee →

Frequently Asked Questions

Is MT a good dividend stock?

Yes, with caveats. ArcelorMittal S.A. (MT) pays a quarterly dividend yielding 0.96% ($0.60/yr), with 2 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Is MT undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, MT's fair value is about $33.90 versus a $60.97 share price — so it looks overvalued (-44% vs. fair value).

Is MT's dividend safe?

MT has a dividend-safety grade of C (60/100), based on its payout coverage, free-cash-flow, 2-year growth streak, a dividend cut in 2023, debt and yield-versus-history.

What is MT's fair value?

Our blended fair-value estimate for MT is about $33.90 per share, about 44% below the current $60.97 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is MT a buy, hold, or sell?

We don't issue formal ratings, but on the data MT screens as "yes, with caveats" and overvalued. ArcelorMittal S.A. (MT) pays a quarterly dividend yielding 0.96% ($0.60/yr), with 2 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.

Will MT cut its dividend?

MT earns a dividend-safety grade of C (60/100), and has cut its dividend before (last in 2023). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does MT pay a dividend?

Yes. ArcelorMittal S.A. pays a quarterly dividend of about $0.60 per share annually, a forward yield of roughly 0.96%.

How much dividend does 100 shares of MT pay?

At $0.60 per share a year, 100 shares of MT pay $60.00 a year in dividends before tax, about $15.00 each quarter. Buying them costs about $6,097 at the Nov 5, 2026 price.

What is MT's dividend yield?

As of Nov 5, 2026, MT's forward dividend yield is 0.96%, based on a $0.60 annual dividend and a $60.97 share price.

What is MT's dividend per share?

As of Nov 5, 2026, MT pays $0.60 per share per year, distributed on a quarterly basis.

What is MT's dividend payout ratio?

As of Nov 5, 2026, MT's payout ratio is 24% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has MT grown its dividend?

As of Nov 5, 2026, MT has increased its dividend for 2 consecutive years.

When is the next MT ex-dividend date?

As of Nov 5, 2026, the next ex-dividend date on record for MT is Nov 13, 2026.

Income Calculator

At $0.60 / yr per share

Per payment (quarterly)$15.00
Annual$60.00
Monthly avg$5.00
Full MT dividend calculator →

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