513511
Panchmahal Steel Ltd
₹254
Panchmahal Steel Ltd Dividend 2024 : Should Panchmahal Steel Ltd be a part of your dividend portfolio?
Panchmahal Steel Ltd is one of the most popular Industrials company in the world with a market capitalisation of ₹509.34Cr. Its share price is ₹254 as on 21 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Panchmahal Steel 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 Panchmahal Steel Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2022, Panchmahal Steel Ltd has declared dividend of ₹4 - translating a dividend yield of 1.57%.
Let's look at Panchmahal Steel Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Panchmahal Steel Ltd’s revenue were ₹99.98Cr in the quarter ending September 2024. The revenuefell by -16.92% year on year basis since last quarter.
- Panchmahal Steel Ltd’s profits were ₹1.78Cr in the quarter ending September 2024. The profits grew by 150.7% year on year basis since last quarter.
- Panchmahal Steel Ltd’s dividend was ₹4 in the quarter ending March 2022.
Panchmahal Steel Ltd Dividend related ratios:
- Last dividend date: 16/05/2022
- Current Dividend Yield: 1.57%
- Annual dividend payment: ₹4
History of Panchmahal Steel Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
14/09/2022 | CASH | ₹4 | 16/05/2022 | 16/09/2022 |
