Although ArcelorMittal's dividend yield is not among the best in its sector and is regularly suspended, on this page we will present the yield of this stock through the precise amount of this dividend today and in the past. We will present a 10 year history of this dividend, as well as a history of its yield and explain when dividends on ArcelorMittal shares are detached and paid.
The current dividend amount paid by ArcelorMittal to its shareholders is €0.38 per share. This amount corresponds to the amount of the dividend paid in 2022 to shareholders for the financial year 2021. This has already been paid into the shareholders' account in June.
By way of comparison, it should be noted that in the previous year, i.e. 2021, ArcelorMittal paid a dividend of €0.548 per share to its shareholders. There has therefore been a significant decrease in the amount of this dividend from one year to the next.
Before being paid to shareholders, the ArcelorMittal dividend must go through several successive stages: first, the amount of the dividend is determined by the company's Board of Directors before it is presented to the shareholders at the Annual General Meeting. The dividend paid each year by ArcelorMittal is calculated on the basis of the previous year's financial year.
As is the case for most French listed companies, ArcelorMittal has opted for an annual dividend payment schedule. This means that ArcelorMittal shareholders receive the dividend only once a year, usually in June.
For example, for the last dividend on ArcelorMittal shares, i.e. the dividend paid in 2022, the ex-dividend date was 13 June 2022 and the payment date was 10 June 2022.
Of course, we do not yet know the amount of the next dividend to be paid in 2023 by ArcelorMittal and its shareholders. It should be remembered that this amount will only be decided by the Board of Directors once the annual financial results for 2022 have been published. It will then have to be validated by the shareholders at the time of their annual general meeting.
To know the amount of the next dividend for ArcelorMittal shares, we will have to wait until the first quarter of 2023, when the company's results will be made public.
While Arcelormittal began paying a dividend to its shareholders in 2003, it has seen several interruptions in payment in recent years. This was notably the case in 2020 due to the effect of the COVID pandemic on the group's finances as well as in 2017 and 2016. Let's discover together the precise history of the dividend amount of the ArcelorMittal share over the last 10 years, as well as its evolution from year to year.
As you can see from this recent history of the ArcelorMittal share dividend, there has been a relatively rapid increase over one year of 14.66%. Over the longer term, i.e. over 10 years, the dividend growth has shown an average annual decline of 8.54%.
The dividend yield is the most common indicator used by shareholders looking for dividend stocks and is used to express the amount of the dividend in relation to the stock price of the share. To obtain the yield, the dividend price is divided by the share price at the time of issue.
For example, the current dividend yield on ArcelorMittal shares is 2.41%.
It is also important to know the profit distribution policy of ArcelorMittal. Currently, its payout ratio is 2.77%, which means that the company only pays out a small portion of its profits to its shareholders.
Over the past 10 years, ArcelorMittal Group has paid a dividend with an average yield of 0.67%, which is well below its 2022 yield. Here is its history:
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