Stelco Holdings Stock

Stelco Holdings Dividend 2024

Stelco Holdings Dividend

1.68 CAD

Stelco Holdings Dividend yield

2.52 %

Ticker

STLC.TO

ISIN

CA8585221051

WKN

A2H64R

How much dividend does Stelco Holdings 2024 pay?

According to the latest status from October 2024, Stelco Holdings paid a total of 1.68 CAD per share in dividends within the last 12 months. With the current Stelco Holdings price of 66.58 CAD, this corresponds to a dividend yield of 2.52 %. A dividend is paid times per year.

2.52 % Dividend Yield=
1.68 CAD Dividend
66.58 CAD Stock Price

Historical Stelco Holdings Dividends

A dividend is paid times per year. Last year, the payout months were April, June, September and December.

PaydateDividend
9/19/20240.75
6/16/20240.5
3/29/20240.5
12/21/20230.42
9/17/20230.42
6/17/20230.42
4/2/20230.42
12/24/20220.42
10/2/20220.3
6/13/20220.3
4/3/20220.3
12/23/20210.3
9/24/20210.2
6/13/20210.1
3/25/20210.1
3/27/20200.1
12/22/20190.1
9/22/20190.1
6/24/20190.1
4/12/20190.1
1
2

Stelco Holdings dividend history and estimates

In 2023, Stelco Holdings paid a dividend amounting to 1.68 CAD. Dividend means that Stelco Holdings distributes a portion of its profits to its owners.
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Dividend
Dividend (Estimate)
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Dividend

Dividend Overview

The dividend per year chart for Stelco Holdings provides a comprehensive view of the annual dividends distributed to shareholders. Analyze the trend to understand the consistency and growth in dividend payouts over the years.

Interpretation and Use

A consistent or increasing trend in dividends can indicate the company's profitability and financial health. Investors can use this data to identify Stelco Holdings’s potential for long-term investment and income generation through dividends.

Investment Strategy

Incorporate the dividend data in evaluating Stelco Holdings's overall performance. A thorough analysis, considering other financial aspects, will help in making informed investment decisions for optimal capital growth and income generation.

Stelco Holdings Dividend History

DateStelco Holdings Dividend
2026e2.4 undefined
2025e2.49 undefined
2024e2.57 undefined
20231.68 undefined
20221.32 undefined
20210.7 undefined
20200.1 undefined
20190.4 undefined
20180.4 undefined

Is the Stelco Holdings Dividend Safe?

Stelco Holdings has been increasing the dividend for 3 years.

Over the past 10 years, Stelco Holdings has increased it by an annual 0 %.

Over a five-year period, the distribution increased by 33.245%.

Analysts expect a Dividend Increase of 23.793% for the current fiscal year.

Stelco Holdings dividend payout ratio

In 2023, Stelco Holdings had a payout ratio of 62.2%. The payout ratio indicates the percentage of the company's profits that Stelco Holdings distributes as dividends.
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Payout ratio
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Payout ratio

What is Yearly Payout Ratio?

The yearly payout ratio for Stelco Holdings represents the proportion of earnings paid out as dividends to shareholders. It is an indicator of the company's financial health and stability, illustrating how much profit is being returned to investors versus being reinvested back into the company.

How to Interpret the Data

A lower payout ratio for Stelco Holdings could mean that the company is reinvesting more into its growth, whereas a higher ratio indicates more earnings are being distributed as dividends. Investors seeking regular income might prefer companies with a higher payout ratio, while those looking for growth may opt for companies with a lower ratio.

Using the Data for Investments

Evaluate Stelco Holdings's payout ratio in conjunction with other financial metrics and performance indicators. A sustainable payout ratio, coupled with strong financial health, can indicate a reliable dividend payout. However, a very high ratio might suggest the company is not sufficiently reinvesting in its future growth.

Stelco Holdings Payout Ratio History

DateStelco Holdings Payout ratio
2026e39.74 %
2025e32.06 %
2024e24.96 %
202362.2 %
20229.02 %
20213.67 %
2020-5.59 %
2019173.91 %
201814.04 %
201762.2 %
201662.2 %
201562.2 %
201462.2 %

Dividend Details

Understanding Stelco Holdings's Dividend Distributions

Stelco Holdings’s dividends are a portion of the company’s profits distributed to shareholders. It is a critical indicator of the company’s financial health and attractiveness to investors. Dividends provide investors with a steady income stream, in addition to any profits that may come from selling the stock at a higher price than the purchase price.

Year-to-Year Comparison

Examining Stelco Holdings's dividend distributions over the years can highlight the company’s profitability and stability. A consistent or increasing dividend payout can indicate a financially healthy company with predictable earnings, while fluctuations or reductions in dividends can suggest underlying financial or operational challenges.

Impact on Investments

Stelco Holdings's dividend payments are an essential factor for income-focused investors. A robust dividend payout can enhance the stock’s appeal, offering regular income in addition to potential capital gains. It also can indicate the company's confidence in its future earnings, making it a significant consideration in investment decisions.

Interpreting Dividend Fluctuations

Changes in Stelco Holdings’s dividends can result from shifts in the company’s earnings, financial policies, or reinvestment strategies. An increase in dividends often signals financial stability, while a decrease may indicate a need to conserve cash or reinvest profits to fuel growth, each scenario having different implications for investors.

Stelco Holdings Aktienanalyse

What does Stelco Holdings do?

Stelco Holdings Inc is a Canadian company that specializes in the production of steel products. The company has a long history dating back to 1910 when it was established as a steel pipe mill under the name Hamilton Steel Products. Over the years, the company has rebranded and expanded its business activities. Today, Stelco Holdings Inc consists of several divisions, including steel production, carbon steel production, steel tube manufacturing, and the production of steel products for the automotive industry. The business model of Stelco Holdings Inc is based on the production and sale of high-quality steel products. The company has a strong presence in the North American market and also exports its products to other countries. One of the biggest strengths of Stelco Holdings Inc is its ability to adapt to market changes and meet the needs of customers. The company has made several acquisitions in recent years to expand its manufacturing capacity and explore new business opportunities. One of the key divisions of Stelco Holdings Inc is steel production. The company operates multiple production facilities that focus on the production of hot-rolled steel, specialized steel, flat steel, and other specialty steels. Most of these products are used in the construction industry, such as for building and bridge construction. Stelco Holdings Inc is also a major supplier of steel products for the automotive industry. The company produces a range of components, including body and chassis parts, to assemble various vehicle models. These products are mainly sold in North America. Another important division of Stelco Holdings Inc is steel tube manufacturing. The company produces a variety of tubes for various industries, including the oil and gas industry, chemical industry, and hydropower. Stelco Holdings Inc can also manufacture custom tubes for customers with special requirements. Although Stelco Holdings Inc primarily focuses on the North American market, the company also has a strong presence in other countries, particularly in Europe and Asia. The company exports its products to over 20 countries worldwide and also maintains sales offices in various countries. Overall, Stelco Holdings Inc is a leading company in the steel industry that specializes in the production and sale of high-quality steel products. With its strong presence in the North American market and its ability to adapt to market changes, the company is well-positioned to continue being successful and expand its business in the future. Stelco Holdings is one of the most popular companies on Eulerpool.com.
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Frequently Asked Questions about Stelco Holdings stock

How much dividend does Stelco Holdings pay?

Over the past 12 months, Stelco Holdings paid a dividend of 1.68 CAD . This corresponds to a dividend yield of about 2.52 %. For the coming 12 months, Stelco Holdings is expected to pay a dividend of 2.49 CAD.

What is the dividend yield of Stelco Holdings?

The current dividend yield of Stelco Holdings is 2.52 %.

When does Stelco Holdings pay dividends?

Stelco Holdings pays a quarterly dividend. This is distributed in the months of December, March, June, September.

How secure is the dividend of Stelco Holdings?

Stelco Holdings paid dividends every year for the past 9 years.

What is the dividend of Stelco Holdings?

For the upcoming 12 months, dividends amounting to 2.49 CAD are expected. This corresponds to a dividend yield of 3.74 %.

In which sector is Stelco Holdings located?

Stelco Holdings is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Stelco Holdings kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Stelco Holdings from 8/26/2024 amounting to 0.75 CAD, you needed to have the stock in your portfolio before the ex-date on 8/19/2024.

When did Stelco Holdings pay the last dividend?

The last dividend was paid out on 8/26/2024.

What was the dividend of Stelco Holdings in the year 2023?

In the year 2023, Stelco Holdings distributed 1.32 CAD as dividends.

In which currency does Stelco Holdings pay out the dividend?

The dividends of Stelco Holdings are distributed in CAD.

Andere Kennzahlen von Stelco Holdings

Our stock analysis for Stelco Holdings Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Stelco Holdings Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.