BlueScope Steel Returns to Profit

Submitted by Share Trading on 16 August, 2010 - 11:40

Australia's largest steel maker, BlueScope Steel (ASX:BSL) have returned to profit and have resumed paying out dividends. BSL has posted a net profit of $126 million for FY2010 ending June30, compared to a net loss of $66 million for the previous corresponding period. BSL was one of the low performing stocks last week.

BlueScope Steel Dividends

BlueScope Steel have declared a dividend of 5 cents per share (CPS), fully franked. BSL did not have a dividend last year and the first dividend since the December 2008 half year interim.

Post new comment

The content of this field is kept private and will not be shown publicly.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Allowed HTML tags: <a> <em> <strong> <cite> <code> <ul> <ol> <li> <dl> <dt> <dd> <blockquote> <h2> <h3>
  • Lines and paragraphs break automatically.

More information about formatting options

CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.
4 + 10 =
Solve this simple math problem and enter the result. E.g. for 1+3, enter 4.

Download our FREE App


Signup for Free
Don't miss out on your free share trading articles.


Free Risk Money Management Calculator for those who sign up!