Algoma Steel Group Inc. (ASTL) Dividend Analysis
Does Algoma Steel Group (ASTL) pay a dividend?
No. Algoma Steel Group (ASTL) paid C$0.20 per share in fiscal 2024 and has paid nothing in the last twelve months.
Computed from company filings. Ex-dividend and payment dates are not part of those filings, so they are not shown here. This is analysis, not investment advice.
| Fiscal year | Per share | Change |
|---|---|---|
| 2024 | C$0.20 | 0.0% |
| 2023 | C$0.20 | +33.3% |
| 2022 | C$0.15 |
All 3 fiscal years we hold. Each payment counts toward the fiscal year it is paid for, so a final dividend paid in spring belongs to the year before. Figures are adjusted for stock splits, so a fall is a cut.
no sustained growth pattern yet.
Based on TTM and annual data · Not a buy/sell signal
Score Breakdown
Safety
40% of composite
Growth
35% of composite
Income
25% of composite
Composite = Safety (0) × 0.40 + Growth (50) × 0.35 + Income (0) × 0.25 = 18
Dividend Yield
—
Per Share (TTM)
C$0.00
Payout Ratio
—
2Y CAGR
15.5%
Dividend Safety
Earnings Payout
Not reported
FCF Payout
—
FCF Coverage
—
Dividend Growth
Per Share (TTM)
C$0.00
Growth Streak
—
2Y CAGR
15.5%
Yield History
Does Algoma Steel Group (ASTL) pay a dividend?
Frequently asked
Does Algoma Steel Group (ASTL) pay a dividend?+
No. Algoma Steel Group (ASTL) does not currently pay a dividend. The last payment in our data was in 2024, and nothing has been paid since.
How does Algoma Steel Group return cash to shareholders?+
It largely does not. Algoma Steel Group pays no dividend and we do not see a meaningful reduction in share count over the last twelve months, so cash is being retained in the business or spent on growth rather than returned. That is common for companies reinvesting heavily, and it means your return depends entirely on the share price.
Could Algoma Steel Group afford to pay a dividend?+
Not currently. Algoma Steel Group's free cash flow is negative at -C$365 million, meaning the business consumed cash over the period rather than generating it. A company funding a dividend from cash it is not producing would be paying shareholders out of its balance sheet or borrowings, which is not sustainable.
Which materials companies do pay dividends?+
Our Materials sector page ranks the companies we cover by dividend score, which combines payout safety, free cash flow coverage and growth record. If income is what you are after, start there rather than with Algoma Steel Group.
Related stocks: Steel
Spot a number that looks wrong?
Download this analysis as a PDF (Pro)
Data sourced from company filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Keep analysing ASTL
Create a free account and get 14 days of Premium: every stock and every tool.
- Unlimited stocks
- Stock screener
- Portfolio tracker
- Editable DCF
- Compare side by side
- Unlimited alerts
No card. Moves to Free after, unless you upgrade.
Already have an account?
Or come back tomorrow. Stocks on your watchlist are always free to view.