JINDALSTEL
Jindal Steel & Power Ltd
₹953.95
Jindal Steel & Power Ltd Dividend 2024 : Should Jindal Steel & Power Ltd be a part of your dividend portfolio?
Jindal Steel & Power Ltd is one of the most popular Industrials company in the world with a market capitalisation of ₹97,311.30Cr. Its share price is ₹953.95 as on 8 September,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Jindal Steel & Power Ltd gave ₹4 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 Jindal Steel & Power Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2024, Jindal Steel & Power Ltd has declared dividend of ₹2 - translating a dividend yield of 0.42%.
Let's look at Jindal Steel & Power Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Jindal Steel & Power Ltd’s revenue were ₹13,652.33Cr in the quarter ending June 2024. The revenue grew by 7.98% year on year basis since last quarter.
- Jindal Steel & Power Ltd’s profits were ₹1,340.15Cr in the quarter ending June 2024. The profits fell by -20.56% year on year basis since last quarter.
- Jindal Steel & Power Ltd’s dividend was ₹2 in the quarter ending March 2024.
Jindal Steel & Power Ltd Dividend related ratios:
- Last dividend date: 13/05/2024
- Current Dividend Yield: 0.42%
- Annual dividend payment: ₹4
History of Jindal Steel & Power Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
22/08/2024 | CASH | ₹2 | 13/05/2024 | 22/08/2024 |
18/08/2023 | CASH | ₹2 | 16/05/2023 | 18/08/2023 |
20/09/2022 | CASH | ₹2 | 30/05/2022 | 21/09/2022 |
16/03/2022 | CASH | ₹1 | 10/03/2022 | 19/03/2022 |
