As of today (2026-06-24), the Forward Annual Dividend Yield of Algoma Steel Group is 0.00%.
As of today (2026-06-24), the Trailing Annual Dividend Yield of Algoma Steel Group is 1.27%.
ASTL's Forward Dividend Yield % is not ranked *
in the Steel industry.
Industry Median: 2.87 * Ranked among companies with meaningful Forward Dividend Yield % only.
During the past 12 months, Algoma Steel Group's average Dividends Per Share Growth Rate was -66.70% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 29.80% per year.
During the past 6 years, the highest 3-Year average Dividends Per Share Growth Rate of Algoma Steel Group was 29.80% per year. The lowest was 29.80% per year. And the median was 29.80% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Algoma Steel Group (NAS:ASTL) Forward Dividend Yield % Explanation
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
Algoma Steel Group Forward Dividend Yield % Related Terms
ASTL vs NUE, STLD, RS: Forward Dividend Yield % Comparison
For the Steel subindustry, Algoma Steel Group's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Algoma Steel Group Forward Dividend Yield % vs Steel Industry
For the Steel industry and Basic Materials sector, Algoma Steel Group's Forward Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Algoma Steel Group's Forward Dividend Yield % falls into.
What does a Forward Dividend Yield % of 0.00% mean?
Algoma Steel Group (ASTL) has a Forward Dividend Yield % of 0.00% as of Jun. 24, 2026. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on Algoma Steel Group and its competitors. According to the industry distribution chart, Algoma Steel Group ranks #999999 out of 308 companies in the Steel industry.
Is Algoma Steel Group's Forward Dividend Yield % too high?
Algoma Steel Group's current Forward Dividend Yield % is 0.00%. Based on the distribution chart, Algoma Steel Group ranks #999999 out of 308 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Algoma Steel Group has a GF Score™ of 59/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Algoma Steel Group's Forward Dividend Yield % compare to NUE and STLD?
According to the Steel industry distribution chart, Algoma Steel Group ranks #999999 out of 308 companies for Forward Dividend Yield %. This places Algoma Steel Group in the lower half of its industry. The industry median Forward Dividend Yield % is 2.87. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward Dividend Yield % for a Steel company?
The median Forward Dividend Yield % among Steel companies is 2.87, based on 308 companies in the industry. Companies in the top quartile (top 25%) have a Forward Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Forward Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward Dividend Yield % mean?
A high Forward Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on Algoma Steel Group and its competitors. For the Steel industry, the median Forward Dividend Yield % is 2.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Algoma Steel Group's current Forward Dividend Yield % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Algoma Steel Group stock overvalued right now?
Based on GuruFocus' analysis, Algoma Steel Group (ASTL) is currently considered Modestly Undervalued. The stock's GF Value™ is $5.50, compared to a current price of $3.99 — trading 27.5% below its estimated fair value. The current Forward Dividend Yield % is 0.00%. Algoma Steel Group's overall GF Score™ is 59/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward Dividend Yield % calculated?
Forward Dividend Yield % is calculated from a company's financial statements. For Algoma Steel Group (ASTL), the current Forward Dividend Yield % is 0.00% as of Jun. 24, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Algoma Steel Group (ASTL) Overvalued in 2026?
Based on GuruFocus' analysis, Algoma Steel Group stock appears to be undervalued.
The current stock price of $3.99 is trading 27.5% below its estimated GF Value™ of $5.50.
GuruFocus considers Algoma Steel Group to be Modestly Undervalued.
Key valuation signals for ASTL:
Forward Dividend Yield %: 0.00%
GF Value™: $5.50 vs. price of $3.99 (27.5% below fair value)
No single metric tells the full story. See the ASTL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Algoma Steel Group Inc is a fully integrated steel producer of hot and cold rolled steel products, including coiled sheet and plate, strategically located. The firm operates in a single segment of basic steel production including sheets, plates, slabs, and freights. The company's revenue is generated from contracts to produce, ship, and deliver steel products Geographically it serves Canada, the United States, and the rest of the world, whilst driving key revenue from United States. The company generates the majority of its revenue from the sale of Steel sheets and strips.
59GF Score
Get the complete analysis for ASTL
Forward Dividend Yield % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASTL has been successfully added to your 