JINDALSTEL
Jindal Steel & Power Ltd
₹929.65
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 ₹94,980.40Cr. Its share price is ₹929.65 as on 1 May,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 0.43%.
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 ₹11,736.52Cr in the quarter ending December 2023. The revenuefell by -5.88% year on year basis since last quarter.
- Jindal Steel & Power Ltd’s profits were ₹1,928.32Cr in the quarter ending December 2023. The profits grew by 271.78% 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: 0.43%
- Annual dividend payment: ₹4
History of Jindal Steel & Power Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD 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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