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BlueScope Steel (ASX:BSL) Forward Dividend Yield % : 2.20% (As of Apr. 25, 2024)


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What is BlueScope Steel Forward Dividend Yield %?

As of today (2024-04-25), the Forward Annual Dividend Yield of BlueScope Steel is 2.20%.

As of today (2024-04-25), the Trailing Annual Dividend Yield of BlueScope Steel is 2.20%.

ASX:BSL's Forward Dividend Yield % is ranked worse than
60.63% of 348 companies
in the Steel industry
Industry Median: 2.845 vs ASX:BSL: 2.20

BlueScope Steel's Dividends per Share for the six months ended in Dec. 2023 was A$0.25.

During the past 3 years, the average Dividends Per Share Growth Rate was 52.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 38.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of BlueScope Steel was 58.90% per year. The lowest was -43.30% per year. And the median was 35.60% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of BlueScope Steel's Forward Dividend Yield %

For the Steel subindustry, BlueScope Steel'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.


BlueScope Steel's Forward Dividend Yield % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, BlueScope Steel's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where BlueScope Steel's Forward Dividend Yield % falls into.



BlueScope Steel Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

BlueScope Steel Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
AUD 0.2502024-02-232024-02-262024-03-26Cash Dividendsemi-annuallyAUD:AUD 1.000000
AUD 0.2502023-09-122023-09-132023-10-17Cash Dividendsemi-annuallyAUD:AUD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

BlueScope Steel's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.5/22.76
=2.20 %

Current Share Price is A$22.76.
BlueScope Steel's Dividends per Share for the forward twelve months is calculated as A$0.25 * 2 = A$0.5.

BlueScope Steel's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.5/22.76
=2.20 %

Current Share Price is A$22.76.
BlueScope Steel's Dividends per Share for the trailing twelve months (TTM) ended in Today is A$0.5.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


BlueScope Steel  (ASX:BSL) 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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


BlueScope Steel Forward Dividend Yield % Related Terms

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BlueScope Steel (ASX:BSL) Business Description

Traded in Other Exchanges
Address
181 William Street, Level 24, Melbourne, VIC, AUS, 3000
BlueScope is an Australian-based steelmaking firm with five business units. The Australian Steel Products segment mainly specializes in branded coated and painted flat steel products, sold domestically. North Star is the group's U.S. mini-mill specializing in the production of hot rolled coil for U.S. construction and automotive sectors. Building Products Asia and North America operate across Southeast Asia, China, India, and the U.S. West Coast involved in metal-coating, painting, and roll-forming. New Zealand Steel and the Pacific Islands business produces flat and long steel products for New Zealand and building components for the Pacific Islands. The Buildings North America segment specializes in non-residential buildings, including materials manufacturing and support services.