Modern Steels Ltd Dividend History
Latest Dividend
₹2.00
FY2007 · Final
Declared On
24/07/2007
announcement date
Ex-Date
22/08/2007
last ex-dividend date
Record Date
24/08/2007
eligibility cutoff
Dividend Yield
14.19%
as of 15 Sep 2026
History of Modern Steels Ltd's Dividend payments
| Announcement Date | Ex-Date | Record Date | Type | Dividend / Share |
|---|---|---|---|---|
24/07/2007 | 22/08/2007 | 24/08/2007 | Final | ₹2.00 |
17/06/2005 | 21/06/2005 | 23/06/2005 | Final | ₹0.00 |
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FAQs
What is the latest dividend declared by Modern Steels Ltd?
Modern Steels Ltd declared a dividend of ₹2.00 per share on 24 Jul 2007, with a record date of 24 Aug 2007.
When will I receive the Modern Steels Ltd dividend?
To receive the Modern Steels Ltd dividend, you must hold 513303 shares before the ex-date of 22 Aug 2007. Under T+1 settlement, buying on the ex-date itself makes you ineligible. The dividend is credited to your linked bank account within 30 days of the record date.
How often does Modern Steels Ltd pay dividend?
Modern Steels Ltd pays one dividend per financial year, typically declared after Q4 board meeting results.
Is Modern Steels Ltd a good stock for dividend income?
Modern Steels Ltd's current dividend yield is 0.00%. This is relatively low — Modern Steels Ltd is primarily a capital appreciation stock rather than a high-dividend one.
How much tax will I pay on Modern Steels Ltd dividend?
Dividends from Modern Steels Ltd are taxable as income from other sources at your applicable income tax slab rate. TDS at 10% is deducted at source if your total dividend income from Modern Steels Ltd exceeds ₹10,000 in a financial year. NRI investors are subject to 20% TDS or applicable DTAA rate. You can claim TDS credit when filing your ITR.