Algoma Steel Group Inc. Common Shares
ASTLAlgoma 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
- Consistent Payer: Algoma Steel Group Inc. Common Shares has rewarded shareholders with 14 dividend payments over the past 3 years.
- Total Returned Value: Investors who held ASTL shares during this period received a total of $0.70 per share in dividend income.
- Latest Payout: The most recent dividend of $0.05/share was paid 415 days ago, on May 30, 2025.
- Yield & Schedule: ASTL currently pays dividends quarterly with an annual yield of 5.22%.
- Dividend Growth: Since 2022, the dividend payout has grown by 0.0%, from $0.05 to $0.05.
- Dividend Reliability: ASTL has maintained or increased its dividend for 14 consecutive payments.
Company News
Algoma Steel Group Inc. announced that it will release its 2026 second quarter financial results on July 29, 2026, followed by a webcast and conference call on July 30, 2026. The company continues its transformation to electric arc furnace (EAF) steelmaking, which is expected to reduce carbon emissions by approximately 70% once fully transitioned.
The United Steelworkers union strongly opposes the federal government's decision to abolish the Office of the Canadian Ombudsperson for Responsible Enterprise (CORE), arguing that while the office had limitations, eliminating it removes an important tool for holding Canadian companies accountable for human rights and labour rights abuses abroad. ...
The United Steelworkers union strongly condemns the federal government's decision to close the Canadian Ombudsperson for Responsible Enterprise (CORE), arguing it removes a critical tool for holding Canadian companies accountable for human rights and labor violations abroad. While acknowledging CORE's limitations, the union calls for a truly inde...
Algoma Steel announced its 2025 Sustainability Report, marking a pivotal year with the successful commissioning of its first Electric Arc Furnace (EAF) in July 2025 and the decommissioning of its blast furnace operations in January 2026. The transition to EAF steelmaking is expected to reduce carbon emissions intensity by approximately 70% once f...
Algoma Steel Group Inc. and Roshel Inc. have formed Roshel Algoma Defence Solutions Inc., a joint venture to establish a Canadian Centre of Excellence for Ballistic Steel Production. The partnership aims to deliver sovereign ballistic steel defence solutions with full-cycle capabilities including fabrication, forming, welding, and machining. The ...
