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BlueScope Steel (ASX:BSL) 3-Year Dividend Growth Rate

: 52.90% (As of Dec. 2023)
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BlueScope Steel's Dividends per Share for the six months ended in Dec. 2023 was A$0.25.

The historical rank and industry rank for BlueScope Steel's 3-Year Dividend Growth Rate or its related term are showing as below:

ASX:BSL' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -43.3   Med: 35.6   Max: 58.9
Current: 52.9

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.

ASX:BSL's 3-Year Dividend Growth Rate is ranked better than
82.51% of 223 companies
in the Steel industry
Industry Median: 17 vs ASX:BSL: 52.90

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. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

BlueScope Steel's Dividend Payout Ratio for the six months ended in Dec. 2023 was 0.26. As of today, BlueScope Steel's Dividend Yield % is 2.18%.

Warning Sign:

BlueScope Steel Ltd stock dividend yield is close to 1-year low.

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


Competitive Comparison

For the Steel subindustry, BlueScope Steel's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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 3-Year Dividend Growth Rate Distribution

For the Steel industry and Basic Materials sector, BlueScope Steel's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where BlueScope Steel's 3-Year Dividend Growth Rate falls into.



BlueScope Steel 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


BlueScope Steel  (ASX:BSL) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

BlueScope Steel's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.25/ 0.963
=0.26

During the past 13 years, the highest Dividend Payout Ratio of BlueScope Steel was 0.35. The lowest was 0.04. And the median was 0.07.

2. 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 Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.5/22.87
=2.19 %

Current Share Price is A$22.87.
BlueScope Steel's Dividends per Share for the trailing twelve months (TTM) ended in Today is A$0.5.

During the past 13 years, the highest Dividend Yield of BlueScope Steel was 3.29%. The lowest was 0.37%. And the median was 0.79%.

Warning Sign:

BlueScope Steel Ltd stock dividend yield is close to 1-year low.

* 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 3-Year Dividend Growth Rate Related Terms>


BlueScope Steel (ASX:BSL) Business Description

Industry
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.