ArcelorMittal South Africa Ltd manufactures and sells long and flat steel products. The company operates through Steel Operations, Non-Steel Operations, and Other. It offers flat steel products, including hot rolled plates, and hot and cold rolled coils. The company also offers long steel products, commercial coke, and by-products. The company was formerly known as Mittal Steel South Africa Limited and changed its name to ArcelorMittal South Africa Ltd in October 2006. The company was founded in 1928 and is headquartered in Vanderbijlpark, South Africa. ArcelorMittal South Africa Ltd is a subsidiary of Arcelormittal Holdings Ag.
ArcelorMittal South Africa Dividend Announcement
• ArcelorMittal South Africa announced a annually dividend of R55.00 per ordinary share which will be made payable on . Ex dividend date: 2011-08-29
• ArcelorMittal South Africa's trailing twelve-month (TTM) dividend yield is -%
ArcelorMittal South Africa Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2011-08-29 | R55.00 | annually | |
2010-08-30 | R150.00 | annually | |
2009-03-09 | R365.00 | annually | |
2008-03-10 | R196.00 | annually | |
2007-10-22 | R404.00 | annually |
ArcelorMittal South Africa Dividend per year
ArcelorMittal South Africa Dividend growth
ArcelorMittal South Africa Dividend Yield
ArcelorMittal South Africa current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing ArcelorMittal South Africa stock? Use our calculator to estimate your expected dividend yield:
ArcelorMittal South Africa Financial Ratios
ArcelorMittal South Africa Dividend FAQ
1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.
2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.
3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.
4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.
5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
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