RAMASTEEL
Rama Steel Tubes Ltd
₹12.22
Rama Steel Tubes Ltd Dividend 2024 : Should Rama Steel Tubes Ltd be a part of your dividend portfolio?
Rama Steel Tubes Ltd is one of the most popular Industrials company in the world with a market capitalisation of ₹1,900.82Cr. Its share price is ₹12.22 as on 21 December,2024.The dividend is a percentage of earnings paid out to shareholders. Last year, Rama Steel Tubes Ltd gave ₹0.50 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 Rama Steel Tubes Ltd pays dividends to reward its shareholders.
- In the quarter ending December 2021, Rama Steel Tubes Ltd has declared dividend of ₹0.50 - translating a dividend yield of 4.09%.
Let's look at Rama Steel Tubes Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Rama Steel Tubes Ltd’s revenue were ₹272.44Cr in the quarter ending September 2024. The revenue grew by 33.25% year on year basis since last quarter.
- Rama Steel Tubes Ltd’s profits were ₹4.05Cr in the quarter ending September 2024. The profits fell by -34.57% year on year basis since last quarter.
- Rama Steel Tubes Ltd’s dividend was ₹0.50 in the quarter ending December 2021.
Rama Steel Tubes Ltd Dividend related ratios:
- Last dividend date: 14/02/2022
- Current Dividend Yield: 4.09%
- Annual dividend payment: ₹0.50
History of Rama Steel Tubes Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
24/02/2022 | CASH | ₹0.50 | 14/02/2022 | 25/02/2022 |
