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Electrosteel Castings Ltd

₹186.41

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 ₹11,074.52Cr. Its share price is ₹186.41 as on 11 July,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 0.75%.

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 ₹2,038.55Cr in the quarter ending March 2024. The revenue grew by 6.81% year on year basis since last quarter.
  • Electrosteel Castings Ltd’s profits were ₹227.08Cr in the quarter ending March 2024. The profits grew by 153.92% 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: 0.75%
  • Annual dividend payment: ₹1.40

Electrosteel Castings Ltd Dividend v/s Electrosteel Castings Ltd Share price

History of Electrosteel Castings Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD 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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FAQs

Electrosteel Castings Ltd current market price is ₹186.41 per share

Electrosteel Castings Ltd has declared dividend worth ₹0.50 in the last year.

Electrosteel Castings Ltd has declared dividend worth ₹0.50 in the latest quarter.

Electrosteel Castings Ltd has declared dividend on 08/02/2024 of ₹0.50.

Electrosteel Castings Ltd has declared dividend 2 times of ₹1.40 in the previous financial year (FY2023-2024)