Algoma Steel Group Inc. Common Shares (ASTL) Dividend History

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 Dividend Date Record Date
May 30, 2025 $0.05 05/13/2025 05/13/2025
April 10, 2025 $0.05 03/21/2025 03/21/2025
December 27, 2024 $0.05 11/27/2024 11/27/2024
September 27, 2024 $0.05 08/23/2024 08/23/2024
July 19, 2024 $0.05 07/02/2024 07/02/2024
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Dividends Summary

  • Algoma Steel Group Inc. Common Shares has issued 14 dividend payments over the past 3 years
  • The most recent dividend was paid 8 days ago, on May 30, 2025
  • The first recorded dividend was paid on March 31, 2022
  • The highest dividend payout was $0.05 per share
  • The average dividend over this 3 year span is $0.05 per share

Company News

  • Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) announced the release of its 2024 Sustainability Report, highlighting progress in sustainability, governance, and operational reliability. The company is nearing completion of its Electric Arc Furnace (EAF) project, which is expected to reduce carbon emissions by approximately 70%, positioning Algoma to be a Canadian producer of green steel.

    GlobeNewswire Inc.
  • Algoma, an AI-powered real estate development platform, has raised $2.3M in seed funding led by Zacua Ventures. The platform aims to streamline feasibility analysis, zoning research, financial modeling, and early-stage design for real estate developers, helping them make faster and more informed decisions.

    GlobeNewswire Inc.
  • Algoma Steel Group Inc. reported Q1 2025 results, with consolidated revenue of $517.1 million, a net loss of $24.5 million, and an adjusted EBITDA loss of $46.7 million. The company made progress on its transformative electric arc furnace (EAF) project, with first steel production expected during Q2 2025.

    GlobeNewswire Inc.
  • Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) announced its financial results for the three and nine months ended December 31, 2024. The company's calendar fourth quarter results were in line with previously announced expectations, and it reaffirmed its outlook on the transformative Electric Arc Furnace (EAF) project, including the first arc in April.

    GlobeNewswire Inc.
  • Algoma Steel Group Inc. provided guidance for its quarter ended December 31, 2024, expecting total steel shipments in the range of 545,000 to 550,000 tons and Adjusted EBITDA in the range of ($55) million to ($65) million. The company's Electric Arc Furnace project reached a major milestone with the commencement of cold commissioning activities.

    GlobeNewswire Inc.
Dividend data last updated 06/07/2025 15:20:16 UTC