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JINDALSTEL

Jindal Steel & Power Ltd

₹989.95

Jindal Steel & Power Ltd Dividend 2024 : Should Jindal Steel & Power Ltd be a part of your dividend portfolio?

Jindal Steel & Power Ltd is one of the most popular Industrials company in the world with a market capitalisation of ₹1,03,044.20Cr. Its share price is ₹989.95 as on 18 July,2024.

The dividend is a percentage of earnings paid out to shareholders. Last year, Jindal Steel & Power Ltd gave ₹4 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 Steel & Power Ltd pays dividends to reward its shareholders.
  • In the quarter ending March 2023, Jindal Steel & Power Ltd has declared dividend of ₹2 - translating a dividend yield of 0.40%.

Let's look at Jindal Steel & Power Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:

  • Jindal Steel & Power Ltd’s revenue were ₹13,521.51Cr in the quarter ending March 2024. The revenuefell by -1.36% year on year basis since last quarter.
  • Jindal Steel & Power Ltd’s profits were ₹935.37Cr in the quarter ending March 2024. The profits grew by 102.22% year on year basis since last quarter.
  • Jindal Steel & Power Ltd’s dividend was ₹2 in the quarter ending March 2023.

Jindal Steel & Power Ltd Dividend related ratios:

  • Last dividend date: 16/05/2023
  • Current Dividend Yield: 0.40%
  • Annual dividend payment: ₹4

Jindal Steel & Power Ltd Dividend v/s Jindal Steel & Power Ltd Share price

History of Jindal Steel & Power Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATE
18/08/2023
CASH
₹2
16/05/2023
18/08/2023
20/09/2022
CASH
₹2
30/05/2022
21/09/2022
16/03/2022
CASH
₹1
10/03/2022
19/03/2022
11/07/2014
CASH
₹1.50
29/04/2014
15/07/2014
13/09/2013
CASH
₹1.60
25/04/2013
17/09/2013
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FAQs

Jindal Steel & Power Ltd current market price is ₹989.95 per share

Jindal Steel & Power Ltd has declared dividend worth ₹2 in the latest quarter.

Jindal Steel & Power Ltd has declared dividend on 16/05/2023 of ₹2.

Jindal Steel & Power Ltd has declared dividend 1 times of ₹2 in the previous financial year (FY2023-2024)