Bisalloy Steel Group (ASX:BIS) Dividend Payout Ratio : 0.55 (As of Dec. 2023)

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What is Bisalloy Steel Group Dividend Payout Ratio?

Bisalloy Steel Group's dividend payout ratio for the months ended in Dec. 2023 was 0.55.

The historical rank and industry rank for Bisalloy Steel Group's Dividend Payout Ratio or its related term are showing as below:

ASX:BIS' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.27 Med: 0.46 Max: 1.18
Current: 0.46

During the past 13 years, the highest Dividend Payout Ratio of Bisalloy Steel Group was 1.18. The lowest was 0.27. And the median was 0.46.

ASX:BIS's Dividend Payout Ratio is ranked worse than
70.63% of 303 companies
in the Steel industry
Industry Median: 0.29 vs ASX:BIS: 0.46

As of today (2024-05-05), the Dividend Yield % of Bisalloy Steel Group is 5.30%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Bisalloy Steel Group was 16.00%. The lowest was 2.08%. And the median was 4.05%.

Bisalloy Steel Group's Dividends per Share for the months ended in Dec. 2023 was A$0.10.

During the past 3 years, the average Dividends Per Share Growth Rate was 48.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 41.40% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Bisalloy Steel Group was 50.00% per year. The lowest was -42.30% per year. And the median was 17.00% per year.

The growth rate is calculated with least square regression.

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

Bisalloy Steel Group Dividend Payout Ratio Historical Data

The historical data trend for Bisalloy Steel Group's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

Bisalloy Steel Group Dividend Payout Ratio Chart

Bisalloy Steel Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Dividend Payout Ratio

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0.51

0.28

0.27

0.43

0.49

Bisalloy Steel Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															0.56	0.29	0.63	0.33	0.55

Competitive Comparison of Bisalloy Steel Group's Dividend Payout Ratio

For the Steel subindustry, Bisalloy Steel Group's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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.

Bisalloy Steel Group's Dividend Payout Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Bisalloy Steel Group's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Bisalloy Steel Group's Dividend Payout Ratio falls into.

Bisalloy Steel Group Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Bisalloy Steel Group's Dividend Payout Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Jun. 2023 )	/	EPS without NRI (A: Jun. 2023 )
	=	0.13	/	0.267
	=	0.49

Bisalloy Steel Group'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 )
	=	0.095	/	0.172
	=	0.55

Bisalloy Steel Group (ASX:BIS) Dividend Payout Ratio Explanation

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.

Bisalloy Steel Group Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Bisalloy Steel Group's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Bisalloy Steel Group (ASX:BIS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Bisalloy Steel Group Ltd (ASX:BIS) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

18 Resolution Drive, Unanderra, Wollongong, NSW, AUS, 2526

Website

https://www.bisalloy.com.au

Bisalloy Steel Group Ltd is engaged in the processing and sale of quenched and tempered high-tensile, and abrasion-resistant steel plates. The company is organized into geographical operating segments, being Australian Operations is engaged in the distribution of wear-grade and high tensile plates through distributors and directly to original equipment manufacturers in both Australia and Overseas. Its Overseas Operations engage in the distribution of the abrasion-resistant plate as well as other steel plate products. The Overseas Operations also focus on the marketing and distribution of quench and tempered steel plates. The majority of its revenue is derived from Australian Operations. The company's products are marketed under the BISALLOY brand name.