SSWL
Steel Strips Wheels Ltd
₹201.24
Steel Strips Wheels Ltd Dividend 2024 : Should Steel Strips Wheels Ltd be a part of your dividend portfolio?
Steel Strips Wheels Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹3,158.20Cr. Its share price is ₹201.24 as on 21 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Steel Strips Wheels Ltd gave ₹2 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
- Consumer Cyclical stocks do not always pay a dividend but as Steel Strips Wheels Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2024, Steel Strips Wheels Ltd has declared dividend of ₹1 - translating a dividend yield of 0.99%.
Let's look at Steel Strips Wheels Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Steel Strips Wheels Ltd’s revenue were ₹1,095.68Cr in the quarter ending September 2024. The revenuefell by -3.61% year on year basis since last quarter.
- Steel Strips Wheels Ltd’s profits were ₹46.11Cr in the quarter ending September 2024. The profits fell by -11.84% year on year basis since last quarter.
- Steel Strips Wheels Ltd’s dividend was ₹1 in the quarter ending March 2024.
Steel Strips Wheels Ltd Dividend related ratios:
- Last dividend date: 23/05/2024
- Current Dividend Yield: 0.99%
- Annual dividend payment: ₹2
History of Steel Strips Wheels Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
23/09/2024 | CASH | ₹1 | 23/05/2024 | 24/09/2024 |
14/08/2023 | CASH | ₹1 | 26/05/2023 | 17/08/2023 |
22/09/2022 | CASH | ₹3.75 | 13/05/2022 | 24/09/2022 |
22/09/2021 | CASH | ₹2 | 07/05/2021 | 24/09/2021 |
20/09/2019 | CASH | ₹4 | 27/05/2019 | 24/09/2019 |
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