BlueScope Steel Limited produces and sells metal coated and painted steel building products in Australia, New Zealand, Asia, North America, and internationally. The company operates through five segments: Australian Steel Products, North Star BlueScope Steel, Building Products Asia & North America, Buildings and Coated Products North America, and New Zealand & Pacific Islands. It offers steel slabs, plates, hot and cold rolled coils, coated and painted strip products, roof and wall claddings, and purlins and house framings under the LYSAGHT steel building products, COLORBOND steel, COLORSTEEL, ZINCALUME steel, GALVABOND steel, GALVASPAN steel, BlueScope Zacs, and SuperDyma brands. The company also provides engineered building solutions to industrial and commercial markets under the Butler, Varco Pruden, EcoBuild, and PROBUILD brands. It serves customers in the residential and non-residential building, construction, manufacturing, automotive and transport, agricultural, and mining industries directly, as well as through a network of service centers and steel distribution businesses. The company was formerly known as BHP Steel Limited and changed its name to BlueScope Steel Limited in November 2003. BlueScope Steel Limited was founded in 1885 and is headquartered in Melbourne, Australia.
BlueScope Steel Dividend Announcement
• BlueScope Steel announced a semi annually dividend of $0.19 per ordinary share which will be made payable on 2024-10-15. Ex dividend date: 2024-09-10
• BlueScope Steel annual dividend for 2024 was $0.35
• BlueScope Steel annual dividend for 2023 was $0.31
• BlueScope Steel's trailing twelve-month (TTM) dividend yield is 2.64%
• BlueScope Steel's payout ratio for the trailing twelve months (TTM) is 27.49%
BlueScope Steel Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-10 | $0.19 | semi annually | 2024-10-15 |
2024-02-23 | $0.15 | semi annually | |
2023-09-12 | $0.15 | semi annually | 2023-10-17 |
2023-02-24 | $0.16 | semi annually | 2023-03-28 |
2019-09-11 | $0.04 | semi annually | 2019-10-16 |
2019-03-01 | $0.03 | semi annually | 2019-04-02 |
2018-09-07 | $0.04 | semi annually | 2018-10-16 |
2018-03-02 | $0.04 | semi annually | 2018-04-03 |
2017-03-02 | $0.03 | semi annually | 2017-03-30 |
2016-09-09 | $0.03 | semi annually | |
2016-03-02 | $0.02 | semi annually | |
2015-09-17 | $0.02 | semi annually |
BlueScope Steel Dividend per year
BlueScope Steel Dividend growth
BlueScope Steel Dividend Yield
BlueScope Steel current trailing twelve-month (TTM) dividend yield is 2.64%. Interested in purchasing BlueScope Steel stock? Use our calculator to estimate your expected dividend yield:
BlueScope Steel Financial Ratios
BlueScope Steel Dividend FAQ
Other factors to consider when evaluating BlueScope Steel as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: BlueScope Steel's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, BlueScope Steel publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, BlueScope Steel distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from BlueScope Steel are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: BlueScope Steel sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, BlueScope Steel distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: BlueScope Steel declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of BlueScope Steel's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review BlueScope Steel's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.