Bisalloy Steel Group (ASX:BIS) Dividend Yield % : 5.15% (As of Apr. 26, 2024)

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What is Bisalloy Steel Group Dividend Yield %?

As of today (2024-04-26), the Trailing Annual Dividend Yield of Bisalloy Steel Group is 5.15%.

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

ASX:BIS' s Dividend Yield % Range Over the Past 10 Years
Min: 2.08 Med: 4.07 Max: 16
Current: 5.15

During the past 13 years, the highest Dividend Yield of Bisalloy Steel Group was 16.00%. The lowest was 2.08%. And the median was 4.07%.

ASX:BIS's Dividend Yield % is ranked better than
75.98% of 358 companies
in the Steel industry
Industry Median: 2.73 vs ASX:BIS: 5.15

Bisalloy Steel Group's Dividend Payout Ratio for the six months ended in Dec. 2023 was 0.55.

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.

As of today (2024-04-26), the Forward Dividend Yield % of Bisalloy Steel Group is 5.15%.

Bisalloy Steel Group's Dividends per Share for the six 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 Yield % Historical Data

The historical data trend for Bisalloy Steel Group's Dividend Yield % 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 Yield % Chart

Bisalloy Steel Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Dividend Yield %

Get a 7-Day Free Trial

4.00

4.30

4.17

7.99

7.30

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 Yield %	Get a 7-Day Free Trial															5.61	7.99	6.22	7.30	5.95

Competitive Comparison of Bisalloy Steel Group's Dividend Yield %

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

Bisalloy Steel Group's Dividend Yield % Distribution in the Steel Industry

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

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

Bisalloy Steel Group Dividend Yield % Calculation

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

Bisalloy Steel Group Recent Full-Year* Dividend History

Amount	Ex-date	Record Date	Pay Date	Type	Frequency	Forex Rate
AUD 0.080	2024-03-13	2024-03-14	2024-03-28	Cash Dividend	semi-annually	AUD:AUD 1.000000
AUD 0.095	2023-09-19	2023-09-20	2023-09-29	Cash Dividend	semi-annually	AUD: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.

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

Trailing Annual Dividend Yield	=	Most Recent Full Year Dividend	/	Current Share Price
	=	0.175	/	3.34
	=	5.24 %

Current Share Price is A$3.34.
Bisalloy Steel Group's Dividends per Share for the trailing twelve months (TTM) ended in Today is A$0.175.

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

Forward Annual Dividend Yield	=	Forward Full Year Dividend	/	Current Share Price
	=	0.16	/	3.34
	=	4.79 %

Current Share Price is A$3.34.
Bisalloy Steel Group's Dividends per Share for the forward twelve months is calculated as A$0.08 * 2 = A$0.16.

Bisalloy Steel Group (ASX:BIS) 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.

Bisalloy Steel Group Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Bisalloy Steel Group's Dividend Yield % 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 Yield %

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.