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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 dateDividend amountDividend typePay date
2011-08-29R55.00annually
2010-08-30R150.00annually
2009-03-09R365.00annually
2008-03-10R196.00annually
2007-10-22R404.00annually

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

P/E ratio-0.30
PEG ratio0.12
P/B ratio0.32
ROE-82.50%
Payout ratio0.00%
Current ratio1.20
Quick ratio0.52
Cash Ratio0.23

ArcelorMittal South Africa Dividend FAQ

Does ArcelorMittal South Africa stock pay dividends?
ArcelorMittal South Africa does not currently pay dividends to its shareholders.
Has ArcelorMittal South Africa ever paid a dividend?
No, ArcelorMittal South Africa has no a history of paying dividends to its shareholders. ArcelorMittal South Africa is not known for its dividend payments.
Why doesn't ArcelorMittal South Africa pay dividends?
There are several potential reasons why ArcelorMittal South Africa would choose not to pay dividends to their shareholders:

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.
Will ArcelorMittal South Africa ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While ArcelorMittal South Africa has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is ArcelorMittal South Africa a dividend aristocrat?
ArcelorMittal South Africa is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is ArcelorMittal South Africa a dividend king?
ArcelorMittal South Africa is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is ArcelorMittal South Africa a dividend stock?
No, ArcelorMittal South Africa is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy ArcelorMittal South Africa stocks?
To buy ArcelorMittal South Africa you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy ArcelorMittal South Africa stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.