ELECTCAST
Electrosteel Castings Ltd
₹192
Electrosteel Castings Ltd Dividend 2024 : Should Electrosteel Castings Ltd be a part of your dividend portfolio?
Electrosteel Castings Ltd is one of the most popular Basic Materials company in the world with a market capitalisation of ₹11,416.42Cr. Its share price is ₹192 as on 1 May,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Electrosteel Castings Ltd gave ₹1.40 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
- Basic Materials stocks do not always pay a dividend but as Electrosteel Castings Ltd pays dividends to reward its shareholders.
- In the quarter ending December 2023, Electrosteel Castings Ltd has declared dividend of ₹0.50 - translating a dividend yield of 0.73%.
Let's look at Electrosteel Castings Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Electrosteel Castings Ltd’s revenue were ₹1,892.16Cr in the quarter ending December 2023. The revenue grew by 1.34% year on year basis since last quarter.
- Electrosteel Castings Ltd’s profits were ₹263.37Cr in the quarter ending December 2023. The profits grew by 235.8% year on year basis since last quarter.
- Electrosteel Castings Ltd’s dividend was ₹0.50 in the quarter ending December 2023.
Electrosteel Castings Ltd Dividend related ratios:
- Last dividend date: 08/02/2024
- Current Dividend Yield: 0.73%
- Annual dividend payment: ₹1.40
History of Electrosteel Castings Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
21/02/2024 | CASH | ₹0.50 | 08/02/2024 | 21/02/2024 |
04/09/2023 | CASH | ₹0.90 | 17/05/2023 | 05/09/2023 |
08/09/2022 | CASH | ₹0.80 | 10/05/2022 | 09/09/2022 |
26/08/2021 | CASH | ₹0.25 | 20/05/2021 | 27/08/2021 |
07/09/2020 | CASH | ₹0.30 | 15/06/2020 | 09/09/2020 |
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