SAIL

Steel Authority of India Ltd

₹113.29

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 ₹46,778.20Cr. Its share price is ₹113.29 as on 27 March,2025.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 2.21%.

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 ₹24,883.36Cr in the quarter ending December 2024. The revenue grew by 4.98% year on year basis since last quarter.
Steel Authority of India Ltd’s profits were ₹141.89Cr in the quarter ending December 2024. The profits fell by -66.45% 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: 2.21%
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