Algoma Steel Group Inc. Announces Quarterly Dividend of $0.05 (NASDAQ:ASTL)

Algoma Steel Group Inc. (NASDAQ:ASTL) announced a quarterly dividend on Tuesday, November 5th,Zacks Dividends reports. Stockholders of record on Wednesday, November 27th will be paid a dividend of 0.05 per share on Friday, December 27th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.78%. The ex-dividend date is Wednesday, November 27th.

Algoma Steel Group Trading Down 1.0 %

ASTL stock opened at $11.26 on Monday. The firm’s fifty day moving average is $10.39 and its 200 day moving average is $9.12. Algoma Steel Group has a one year low of $6.67 and a one year high of $12.14. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.66 and a current ratio of 3.31.

About Algoma Steel Group

Algoma Steel Group Inc produces and sells steel products primarily in North America. The company provides flat/sheet steel products, including temper rolling, cold rolled, hot-rolled pickled and oiled products, floor plate, and cut-to-length products for the automotive industry, hollow structural product manufacturers, and the light manufacturing and transportation industries; and plate steel products that consist of rolled, hot-rolled, and heat-treated for use in the construction or manufacture of railcars, buildings, bridges, off-highway equipment, storage tanks, ships, and military applications.