Bajaj Steel Industries Ltd

₹719.75

Bajaj Steel Industries Ltd Dividend 2024 : Should Bajaj Steel Industries Ltd be a part of your dividend portfolio?

Bajaj Steel Industries Ltd is one of the most popular Industrials company in the world with a market capitalisation of ₹1,414.61Cr. Its share price is ₹719.75 as on 21 February,2025.The dividend is a percentage of earnings paid out to shareholders. Last year, Bajaj Steel Industries Ltd gave ₹3 for the full year, but should it be a part of your investments that give good dividends?

Key Highlights

Industrials stocks do not always pay a dividend but as Bajaj Steel Industries Ltd pays dividends to reward its shareholders.
In the quarter ending March 2024, Bajaj Steel Industries Ltd has declared dividend of ₹3 - translating a dividend yield of 0.42%.

Let's look at Bajaj Steel Industries Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:

Bajaj Steel Industries Ltd’s revenue were ₹139.69Cr in the quarter ending December 2024. The revenue grew by 9.88% year on year basis since last quarter.
Bajaj Steel Industries Ltd’s profits were ₹13.71Cr in the quarter ending December 2024. The profits grew by 36.42% year on year basis since last quarter.
Bajaj Steel Industries Ltd’s dividend was ₹3 in the quarter ending March 2024.

Bajaj Steel Industries Ltd Dividend related ratios:

Last dividend date: 29/05/2024
Current Dividend Yield: 0.42%
Annual dividend payment: ₹3

History of Bajaj Steel Industries Ltd's Dividend payments

Ex/EFF DATE	TYPE	CASH AMOUNT	DECLARATION DATE	RECORD DATE
28/08/2024	CASH	₹3	29/05/2024	29/08/2024
08/09/2023	CASH	₹3	27/05/2023	09/09/2023
08/09/2022	CASH	₹2	27/05/2022	09/09/2022
02/12/2021	CASH	₹3	29/06/2021	04/12/2021
13/08/2020	CASH	₹2	27/06/2020	15/08/2020