08-31-2023
EUR/share | |
Price | 24.53 |
Dividend | 0.20 |
Earnings | 11.15 |
Cash-flow | 12.27 |
Book value | 61.33 |
Equity | 57.47 |
Arcelor Mittal is part of Industrial Metals and Mining business, which is part of Basic Materials industry. Arcelor Mittal is a company from Netherlands, and his stocks are publicly traded.
Arcelor Mittal stock dividend
Arcelor Mittal paid a total dividend of 158 million EUR last year, for a market value of 19,330 millions (Market Cap 11,415 millions). Arcelor Mittal dividend per share is 0.20 EUR, and his stock market price 24.53 EUR.
According to the chart below, where dividend yield is displayed, Arcelor Mittal has a dividend yield of 0.82%, lower than the amount offered by both the market average and companies from Netherlands. 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 Arcelor Mittal stocks dividend with other Industrial Metals and Mining companies or other of the high Netherlands dividend stocks list.
Arcelor Mittal Dividend Payout
About the ability of Arcelor Mittal to maintain his current dividend of EUR 0.20 per share, an amount that accounts for 0.82%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Arcelor Mittal payout on ernings is currently 1.79%, 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 Arcelor Mittalcan 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 Arcelor Mittal is EUR 12.27 per share, which is higher than the dividend per share paid by the company of EUR 0.20, so the company generates enough cash to maintain his dividend in the future.
The following figure shows payout ratios over earnings and cashflow of Arcelor Mittal, compared againt world market average, Netherlands companies, Basic Materials industry and Industrial Metals and Mining sector companies.
Arcelor Mittal Dividend History
Below you will find a table with the historical evolution of Arcelor Mittal's dividend stock, both in percentage and in EUR, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).
Year | Yield | EUR | Paypout | Shares* |
Present | 0.82% | 0.20 | 1.79% | 788 |
2022 | 1.45% | 0.36 | 2.34% | 807 |
2021 | 0.87% | 0.24 | -40.68% | 961 |
2020 | 0.00% | 0.00 | 0.00% | 1,093 |
2019 | 1.14% | 0.18 | 4.15% | 1,014 |
2018 | 0.48% | 0.09 | 2.23% | 1,020 |
2017 | 0.00% | 0.00 | 0.00% | 1,015 |
2016 | 0.00% | 0.00 | 0.00% | 3,055 |
2015 | 4.08% | 0.19 | -44.19% | 1,665 |
*In millions
Then you can see the evolution of Arcelor Mittal dividend stock, and compare it with the average of Netherlands stocks and that of the Industrial Metals and Mining stocks.
Arcelor Mittal Stock performance
Finally, last moth Arcelor Mittal showed a return of -6.70% compared to a worldwide -2.49% average, and a -3.66% of Basic Materials firms. Over the last year, the company obtained a 3.30% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Netherlands and Industrial Metals and Mining firms.