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JSL

Jindal Stainless Ltd

₹704.15

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 ₹57,936.86Cr. Its share price is ₹704.15 as on 20 May,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 ₹9,509.10Cr in the quarter ending March 2024. The revenuefell by -3.39% year on year basis since last quarter.
  • Jindal Stainless Ltd’s profits were ₹500.74Cr in the quarter ending March 2024. The profits fell by -34.61% 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

Jindal Stainless Ltd Dividend v/s Jindal Stainless Ltd Share price

History of Jindal Stainless Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD 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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FAQs

Jindal Stainless Ltd current market price is ₹704.15 per share

Jindal Stainless Ltd has declared dividend worth ₹1 in the last year.

Jindal Stainless Ltd has declared dividend worth ₹1 in the latest quarter.

Jindal Stainless Ltd has declared dividend on 19/10/2023 of ₹1.

Jindal Stainless Ltd has declared dividend 3 times of ₹3.50 in the previous financial year (FY2023-2024)