SSWL

Steel Strips Wheels Ltd

₹179.28

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 ₹2,821.59Cr. Its share price is ₹179.28 as on 21 February,2025.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 1.12%.

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 ₹1,075.05Cr in the quarter ending December 2024. The revenuefell by -3.32% year on year basis since last quarter.
Steel Strips Wheels Ltd’s profits were ₹47.71Cr in the quarter ending December 2024. The profits fell by -19.69% 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: 1.12%
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