JSL
Jindal Stainless Ltd
₹778.50
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 ₹63,396.23Cr. Its share price is ₹778.50 as on 4 October,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Jindal Stainless Ltd gave ₹4.50 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 March 2024, Jindal Stainless Ltd has declared dividend of ₹2 - translating a dividend yield of 0.58%.
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 ₹9,480.50Cr in the quarter ending June 2024. The revenuefell by -7.6% year on year basis since last quarter.
- Jindal Stainless Ltd’s profits were ₹648.06Cr in the quarter ending June 2024. The profits fell by -13.11% year on year basis since last quarter.
- Jindal Stainless Ltd’s dividend was ₹2 in the quarter ending March 2024.
Jindal Stainless Ltd Dividend related ratios:
- Last dividend date: 15/05/2024
- Current Dividend Yield: 0.58%
- Annual dividend payment: ₹4.50
History of Jindal Stainless Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
30/08/2024 | CASH | ₹2 | 15/05/2024 | 30/08/2024 |
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 |
