Algoma Steel Group Inc. Common Shares (ASTL)
Algoma Steel Group Inc. is a Canadian steel manufacturer that produces a wide range of steel products primarily for the transportation, construction, and manufacturing sectors. Founded in 1901, the company operates a large integrated steelmaking facility in Ontario, utilizing both traditional blast furnace and electric arc furnace technologies. Algoma Steel supplies specialty steel and flat rolled steel products, serving customers across North America with a focus on quality and sustainability.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| May 30, 2025 | $0.05 | 2025-05-13 | 2025-05-13 |
| April 10, 2025 | $0.05 | 2025-03-21 | 2025-03-21 |
| December 27, 2024 | $0.05 | 2024-11-27 | 2024-11-27 |
| September 27, 2024 | $0.05 | 2024-08-23 | 2024-08-23 |
| July 19, 2024 | $0.05 | 2024-07-02 | 2024-07-02 |
Dividends Summary
- Algoma Steel Group Inc. Common Shares has issued 14 dividend payments over the past 3 years
- The most recent dividend was paid 113 days ago, on May 30, 2025
- The highest dividend payed out to investors during this period was $0.05 per share
- The average dividend paid during this period was $0.05 per share.
Company News
Algoma Steel reported a net loss of $110.6 million in Q2 2025, experiencing significant challenges from tariffs, weak steel market demand, and pricing pressures. The company achieved its first electric arc furnace steel production, marking a key milestone in its green steel transformation strategy.
AIRI, ASTL and BX have been added to the Zacks Rank #5 (Strong Sell) List on February 8, 2023.
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Weak steel prices sink Algoma stock.