
Is the Algoma Steel Group dividend safe?
Looks safe
Algoma Steel Group pays 1.8% a year and uses -1% of its free cash flow to do it, which leaves room.
The numbers behind it
Dividend yield1.8%
Paid out of free cash flow–
Paid out of profit-1%
Debt in years of earnings–
How we decide
We look at how much of its free cash flow a company hands out. Under 60% leaves room, 60% to 90% is tight, and above 90% or heavy debt puts the dividend at risk.
More questions about Algoma Steel Group
Data as of Nov 13, 2026.