JSL
Jindal Stainless Ltd
₹699.85
Jindal Stainless Ltd Dividend 2024 : Should Jindal Stainless Ltd be a part of your dividend portfolio?
Jindal Stainless Ltd is one of the most popular Industrials company in the world with a market capitalisation of ₹57,722.76Cr. Its share price is ₹699.85 as on 30 April,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Jindal Stainless Ltd gave ₹3.50 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 Jindal Stainless Ltd pays dividends to reward its shareholders.
- In the quarter ending September 2023, Jindal Stainless Ltd has declared dividend of ₹1 - translating a dividend yield of 0.50%.
Let's look at Jindal Stainless Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Jindal Stainless Ltd’s revenue were ₹9,179.49Cr in the quarter ending December 2023. The revenue grew by 0.47% year on year basis since last quarter.
- Jindal Stainless Ltd’s profits were ₹692.33Cr in the quarter ending December 2023. The profits grew by 39.16% year on year basis since last quarter.
- Jindal Stainless Ltd’s dividend was ₹1 in the quarter ending September 2023.
Jindal Stainless Ltd Dividend related ratios:
- Last dividend date: 19/10/2023
- Current Dividend Yield: 0.50%
- Annual dividend payment: ₹3.50
History of Jindal Stainless Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
27/10/2023 | CASH | ₹1 | 19/10/2023 | 28/10/2023 |
15/09/2023 | CASH | ₹1.50 | 17/05/2023 | 15/09/2023 |
28/04/2023 | CASH | ₹1 | 18/04/2023 | 28/04/2023 |
13/08/2008 | CASH | ₹2 | 22/07/2008 | 16/08/2008 |
02/08/2007 | CASH | ₹0.40 | 28/05/2007 | 04/08/2007 |
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