Olympic Steel's latest quarterly dividend of $0.125 per share was on Aug 31, 2023 (ex-date). At an annualized rate of $0.47 per share, the stock yields 0.89%.
ZEUS has a dividend yield of 0.89% which is below the Basic Materials sector and the industry average. Compared to its Basic Materials sector average of 2%, Olympic Steel's dividend yield is 56% lower. The current dividend yield is above the historical average of 0.6% of the last 5 years.
Olympic Steel has a history of paying dividends since 2006. Our records of ZEUS show that the company has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 60% since twelve months ago. However with the price of the stock up by 126% from a year ago, the dividend yield has a decrease of 29%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Aug 31, 2023 | Sep 15, 2023 | Aug 3, 2023 | $0.125 | normal |
| May 31, 2023 | Jun 15, 2023 | May 4, 2023 | $0.125 | normal |
| Feb 28, 2023 | Mar 15, 2023 | Feb 15, 2023 | $0.125 | normal |
| Nov 30, 2022 | Dec 15, 2022 | Nov 3, 2022 | $0.09 | normal |
| Aug 31, 2022 | Sep 15, 2022 | Aug 4, 2022 | $0.09 | normal |
| May 31, 2022 | Jun 15, 2022 | May 5, 2022 | $0.09 | normal |
| Feb 28, 2022 | Mar 15, 2022 | Feb 18, 2022 | $0.09 | normal |
| Nov 30, 2021 | Dec 15, 2021 | Nov 4, 2021 | $0.02 | normal |
| Aug 31, 2021 | Sep 15, 2021 | Aug 5, 2021 | $0.02 | normal |
| May 28, 2021 | Jun 15, 2021 | May 7, 2021 | $0.02 | normal |
| Feb 26, 2021 | Mar 15, 2021 | Feb 12, 2021 | $0.02 | normal |
| Nov 30, 2020 | Dec 15, 2020 | Nov 5, 2020 | $0.02 | normal |
| Aug 31, 2020 | Sep 15, 2020 | Aug 5, 2020 | $0.02 | normal |
| May 29, 2020 | Jun 15, 2020 | Apr 30, 2020 | $0.02 | normal |
| Feb 28, 2020 | Mar 16, 2020 | Feb 11, 2020 | $0.02 | normal |
| Nov 29, 2019 | Dec 16, 2019 | Nov 7, 2019 | $0.02 | normal |
| Aug 30, 2019 | Sep 17, 2019 | Jul 31, 2019 | $0.02 | normal |
| May 31, 2019 | Jun 17, 2019 | May 1, 2019 | $0.02 | normal |
| Feb 28, 2019 | Mar 15, 2019 | Feb 7, 2019 | $0.02 | normal |
| Nov 30, 2018 | Dec 17, 2018 | Nov 7, 2018 | $0.02 | normal |
| Aug 31, 2018 | Sep 17, 2018 | Jul 31, 2018 | $0.02 | normal |
| May 31, 2018 | Jun 15, 2018 | May 2, 2018 | $0.02 | normal |
| Feb 28, 2018 | Mar 15, 2018 | Feb 12, 2018 | $0.02 | normal |
| Nov 30, 2017 | Dec 15, 2017 | Nov 7, 2017 | $0.02 | normal |
| Aug 30, 2017 | Sep 15, 2017 | Aug 3, 2017 | $0.02 | normal |
| May 30, 2017 | Jun 15, 2017 | Apr 27, 2017 | $0.02 | normal |
| Feb 27, 2017 | Mar 15, 2017 | Feb 8, 2017 | $0.02 | normal |
| Nov 29, 2016 | Dec 15, 2016 | Nov 2, 2016 | $0.02 | normal |
| Aug 30, 2016 | Sep 15, 2016 | Aug 10, 2016 | $0.02 | normal |
ZEUS has a payout ratio of 13.2% which is higher than the industry average but lower than the Basic Materials sector average. In comparison with the Basic Materials sector average of 27.9%, Olympic Steel's payout ratio is 53% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| WOR Worthington Industries Inc | 1.82% | $1.25 | 23.7% |
| RS Reliance Steel & Aluminum Co | 1.48% | $3.88 | 15.1% |
| ZEUS Olympic Steel Inc | 0.89% | $0.47 | 13.2% |
| FRD Friedman Industries Inc | 0.62% | $0.08 | 3.3% |
Yes, Olympic Steel has been paying dividends for the last 17 years.
ZEUS hasn't announced its next dividend date yet, but if we take into consideration its recent dividend history, it is likely that its next dividend will be in November 2023.
Olympic Steel's last regular dividend was on Aug 31, 2023 (ex-date) with the amount of $0.125 per share.
ZEUS has paid dividend of $0.47 per share in the last year.
Olympic Steel's current dividend yield is 0.89%.
Olympic Steel pays four dividends per year.
Olympic Steel's dividend payout ratio is 13.2%.
Olympic Steel's dividend yield is below the Basic Materials sector average.