company-logo

SSAB AB (publ) produces and sells steel products in the United States, Sweden, Finland, Germany, Denmark, and internationally. It operates through five segments: SSAB Special Steels, SSAB Europe, SSAB Americas, Tibnor, and Ruukki Construction. The SSAB Special Steels segment offers quenched and tempered steels, and hot-rolled advanced high-strength steel products. The SSAB Europe segment provides strip, plate, and tubular products. The SSAB Americas segment offers heavy steel plates. The Tibnor segment distributes a range of steel and non-ferrous metals in the Nordic region and the Baltics. The Ruukki Construction segment produces and sells building and construction products and services for residential and non-residential construction. The company markets its steel products under the Strenx, Hardox, Docol, GreenCoat, Toolox, Armox, Duroxite, SSAB Boron, SSAB Domex, SSAB Form, SSAB Laser, SSAB Weathering and Cor-Ten, and SSAB Multisteel brands. It serves the heavy transport, construction, automotive, industrial, construction machinery, energy, material handling, and service center industries. The company has a collaboration agreement with Faurecia S.E. to deliver fossil-free steel for automotive seat structures. SSAB AB (publ) was founded in 1878 and is headquartered in Stockholm, Sweden.

SSAB Dividend Announcement

SSAB announced a annually dividend of $0.13 per ordinary share which will be made payable on 2024-05-17. Ex dividend date: 2024-04-25
SSAB annual dividend for 2024 was $0.13
SSAB annual dividend for 2023 was $0.04
SSAB's trailing twelve-month (TTM) dividend yield is 5.3%
SSAB's payout ratio for the trailing twelve months (TTM) is 47.92%

SSAB Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-04-25$0.13annually2024-05-17
2023-04-19$0.04annually2023-05-10
2022-04-07$0.03annually2022-04-28

SSAB Dividend per year

SSAB Dividend growth

SSAB Dividend Yield

SSAB current trailing twelve-month (TTM) dividend yield is 5.3%. Interested in purchasing SSAB stock? Use our calculator to estimate your expected dividend yield:

SSAB Financial Ratios

P/E ratio2.48
PEG ratio0.02
P/B ratio0.38
ROE14.96%
Payout ratio47.92%
Current ratio2.72
Quick ratio1.50
Cash Ratio0.90

SSAB Dividend FAQ

How much is the next SSAB dividend?
SSAB's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next SSAB dividend. The next SSAB dividend will be released in April.
When is SSAB dividend paid?
SSAB pays dividends on a annually basis. The specific dates may vary each year but are generally around April. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does SSAB pay?
The specific amount of SSAB dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find SSAB's dividend history.
Does SSAB stock pay dividends?
Yes, SSAB does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find SSAB's dividend history.
How much dividend does SSAB pay?
SSAB paid $0.133 in 2024, $0.04 in 2023, $0.03 in 2022, $0.0 in 2021, and $0.0 in 2020.
How often does SSAB pay dividends?
SSAB typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around April.
What is SSAB's dividend yield?
The current dividend yield for SSAB is 5.3%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate SSAB's exact dividend yield.
When does SSAB go ex dividend?
SSAB's ex-dividend date for the latest dividend was on 2024-04-25. SSAB typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next SSAB dividend paid?
SSAB pays dividends on a annually basis, typically around April, but the exact dates can vary each year.
Will SSAB increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether SSAB will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is SSAB dividend per share?
SSAB paid $0.133 per share in 2024 and $0.04 per share in 2023. The amount of dividend per share that SSAB pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is SSAB a dividend aristocrat?
No, 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 SSAB a dividend king?
No, 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 SSAB a dividend stock?
Yes, SSAB is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is SSAB a good dividend stock?
Whether SSAB is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. SSAB has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating SSAB 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.
Does SSAB pay dividends monthly?
SSAB typically pays dividends on a annually basis.
Does SSAB pay dividends quarterly?
SSAB currently pays dividends on a annually basis.
Has SSAB ever paid a dividend?
Yes, SSAB has a history of paying dividends to its shareholders. SSAB is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy SSAB dividend stocks?
To buy SSAB 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, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy SSAB 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.
When does SSAB pay dividends 2024?
SSAB pays dividends on a annually basis. 2024 dividend payments are in 2024-05-17. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will SSAB increase its dividend in 2024?
Decisions regarding SSAB dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date SSAB dividend overview you can look into the above table of dividend history.
How SSAB dividend works?
The SSAB dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how SSAB's dividend process works:

1. Determination of Dividend: SSAB'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, SSAB 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, SSAB 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 SSAB 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.
How are SSAB dividends paid?
SSAB dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: SSAB 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, SSAB distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: SSAB 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.
How many times does SSAB pay dividends?
SSAB typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does SSAB pay dividends?
The general pattern is that SSAB pays dividends around April. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is SSAB dividend safe?
The safety of SSAB's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of SSAB'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 SSAB'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.