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Olympic Steel (Olympic Steel) 3-Year Dividend Growth Rate : 84.20% (As of Dec. 2023)


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What is Olympic Steel 3-Year Dividend Growth Rate?

Olympic Steel's Dividends per Share for the three months ended in Dec. 2023 was $0.13.

The historical rank and industry rank for Olympic Steel's 3-Year Dividend Growth Rate or its related term are showing as below:

ZEUS' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -59.2   Med: -6.5   Max: 84.2
Current: 84.2

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Olympic Steel was 84.20% per year. The lowest was -59.20% per year. And the median was -6.50% per year.

ZEUS's 3-Year Dividend Growth Rate is ranked better than
92.73% of 220 companies
in the Steel industry
Industry Median: 15.2 vs ZEUS: 84.20

During the past 12 months, Olympic Steel's average Dividends Per Share Growth Rate was 38.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 84.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 47.80% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 14.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Olympic Steel's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.35. As of today, Olympic Steel's Dividend Yield % is 0.91%.

Good Sign:

Olympic Steel Inc stock dividend yield is close to 1-year high.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Olympic Steel's 3-Year Dividend Growth Rate

For the Steel subindustry, Olympic Steel's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Olympic Steel's 3-Year Dividend Growth Rate Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Olympic Steel's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Olympic Steel's 3-Year Dividend Growth Rate falls into.



Olympic Steel 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Olympic Steel  (NAS:ZEUS) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Olympic Steel's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.125/ 0.36
=0.35

During the past 13 years, the highest Dividend Payout Ratio of Olympic Steel was 0.24. The lowest was 0.01. And the median was 0.05.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Olympic Steel Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1500002024-03-012024-03-042024-03-15Cash DividendquarterlyUSD: 1.000000
USD 0.1250002023-11-302023-12-012023-12-15Cash DividendquarterlyUSD: 1.000000
USD 0.1250002023-08-312023-09-012023-09-15Cash DividendquarterlyUSD: 1.000000
USD 0.1250002023-05-312023-06-012023-06-15Cash DividendquarterlyUSD: 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Olympic Steel's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.525/57.55
=0.91 %

Current Share Price is $57.55.
Olympic Steel's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.525.

During the past 13 years, the highest Dividend Yield of Olympic Steel was 1.27%. The lowest was 0.21%. And the median was 0.45%.

Good Sign:

Olympic Steel Inc stock dividend yield is close to 1-year high.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Olympic Steel 3-Year Dividend Growth Rate Related Terms>


Olympic Steel (Olympic Steel) Business Description

Industry
Traded in Other Exchanges
Address
22901 Millcreek Boulevard, Suite 650, Highland Hills, OH, USA, 44122
Olympic Steel Inc provides metals processing and distribution services in the United States. The company operates in three reportable segments; specialty metals flat products, carbon flat products, and tubular and pipe products. It specializes in the processing and distribution of large volumes of carbon, aluminum, and stainless steel flat-rolled sheet, coils, plates, bars, and fabricated parts. The group serves various industries such as industrial machinery and equipment manufacturers, automobile manufacturers and suppliers, and transportation equipment manufacturers. The company generates majority of the revenue from carbon flat products.
Executives
Dirk A Kempthorne director 1735 MARKET STREET, PHILADELPHIA PA 19103
Michael D Siegal director, 10 percent owner, officer: Chairman of the Board and CEO 5080 RICHMOND ROAD, CLEVELAND OH 44146-1392
David A Wolfort director, officer: President and COO
Richard T Marabito officer: Chief Financial Officer 5096 RICHMOND ROAD, BEDFORD HEIGHTS OH 44146
Andrew S Greiff officer: EVP and COO 22901 MILLCREEK BLVD., SUITE 650, HIGHLAND HILLS OH 44122
Richard P Stovsky director 350 CAMINO DE LA REINA, SUITE 100, SAN DIEGO CA 92108
Arthur F Anton director 29500 SOLON ROAD, SOLON OH 44139
Richard A Manson officer: Vice President and Treasurer 5096 RICHMOND ROAD, BEDFORD HEIGHTS OH 44146
Lisa K Christen officer: See Remarks C/O/ OLYMPIC STEEL, INC., 22901 MILLCREED BLVD., SUITE 650, HIGHLAND HILLS OH 44122
Vanessa Whiting director C/O OLYMPIC STEEL, INC., 22901 MILLCREEK BLVD., SUITE 650, HIGHLAND HILLS OH 44122
Della Ratta Ralph M Jr director 1690 CHAGRIN RIVER ROAD, GATES MILLS OH 44040
Idalene Fay Kesner director 101 OAKLEY STREET, EVANSVILLE IN 47710
Michael G Rippey director C/O OLYMPIC STEEL, INC., 22901 MILLCREEK BLVD., HIGHLAND HILLS OH 44122
Howard Goldstein director 5096 RICHMOND RD, BEDFORD HEIGHTS OH 44146
Mcneeley Donald R. Jr. director, officer: Subsidiary Officer 5096 RICHMOND ROAD, BEDFORD HEIGHTS OH 44146

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