Bluescope Steel Dividend yield

Bluescope Steel is part of Industrial Metals and Mining business, which is part of Basic Materials industry. Bluescope Steel is a company from Australia, and his stocks are publicly traded.

Bluescope Steel stock dividend

Bluescope Steel paid a total dividend of 231 million AUD last year, for a market value of 9,686 millions (Market Cap 9,673 millions). Bluescope Steel dividend per share is 0.50 AUD, and his stock market price 21.01 AUD.

According to the chart below, where dividend yield is displayed, Bluescope Steel has a dividend yield of 2.38%, lower than the amount offered by both the market average and companies from Australia. It is also lower than average of Basic Materials industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Bluescope Steel stocks dividend with other Industrial Metals and Mining companies or other of the highest Australia dividend stocks list.

Bluescope Steel Dividend Payout

About the ability of Bluescope Steel to maintain his current dividend of AUD 0.50 per share, an amount that accounts for 2.38%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Bluescope Steel payout on ernings is currently 21.19%, which is lower than the market average and companies of Basic Materials industry, which are 39.34% and 38.07% respectively. Both figures lead us to believe that there is confidence that Bluescope Steelcan maintain his current dividend.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Bluescope Steel is AUD 4.67 per share, which is higher than the dividend per share paid by the company of AUD 0.50, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Bluescope Steel, compared againt world market average, Australia companies, Basic Materials industry and Industrial Metals and Mining sector companies.

Bluescope Steel Dividend History

Below you will find a table with the historical evolution of Bluescope Steel's dividend stock, both in percentage and in AUD, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year	Yield	AUD	Paypout	Shares*
Present	2.38%	0.50	21.19%	461
2022	2.97%	0.50	8.01%	464
2021	1.48%	0.31	12.45%	498
2020	0.80%	0.14	46.67%	503
2019	0.93%	0.14	6.70%	508
2018	1.28%	0.14	4.86%	537
2017	0.59%	0.09	6.57%	560
2016	0.67%	0.06	8.57%	571
2015	1.44%	0.06	21.43%	565

*In millions

Then you can see the evolution of Bluescope Steel dividend stock, and compare it with the average of Australia stocks and that of the Industrial Metals and Mining stocks.

Bluescope Steel Stock performance

Finally, last moth Bluescope Steel showed a return of -3.80% compared to a worldwide -2.49% average, and a -3.66% of Basic Materials firms. Over the last year, the company obtained a 25.70% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Australia and Industrial Metals and Mining firms.