SAIL
Steel Authority of India Ltd
₹111.45
Steel Authority of India Ltd Dividend 2024 : Should Steel Authority of India Ltd be a part of your dividend portfolio?
Steel Authority of India Ltd is one of the most popular Industrials company in the world with a market capitalisation of ₹45,993.40Cr. Its share price is ₹111.45 as on 21 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Steel Authority of India Ltd gave ₹2.50 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 Steel Authority of India Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2024, Steel Authority of India Ltd has declared dividend of ₹1 - translating a dividend yield of 2.24%.
Let's look at Steel Authority of India Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Steel Authority of India Ltd’s revenue were ₹24,997.41Cr in the quarter ending September 2024. The revenuefell by -16.55% year on year basis since last quarter.
- Steel Authority of India Ltd’s profits were ₹897.15Cr in the quarter ending September 2024. The profits fell by -31.28% year on year basis since last quarter.
- Steel Authority of India Ltd’s dividend was ₹1 in the quarter ending March 2024.
Steel Authority of India Ltd Dividend related ratios:
- Last dividend date: 20/05/2024
- Current Dividend Yield: 2.24%
- Annual dividend payment: ₹2.50
History of Steel Authority of India Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
19/09/2024 | CASH | ₹1 | 20/05/2024 | 19/09/2024 |
20/02/2024 | CASH | ₹1 | 12/02/2024 | 20/02/2024 |
20/09/2023 | CASH | ₹0.50 | 26/05/2023 | 20/09/2023 |
24/03/2023 | CASH | ₹1 | 16/03/2023 | 24/03/2023 |
28/07/2022 | CASH | ₹2.25 | 23/05/2022 | 29/07/2022 |
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