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513303

Modern Steels Ltd

₹19.61

Modern Steels Ltd Dividend 2024 : Should Modern Steels Ltd be a part of your dividend portfolio?

Modern Steels Ltd is one of the most popular Industrials company in the world with a market capitalisation of ₹27.48Cr. Its share price is ₹19.61 as on 15 July,2024.

The dividend is a percentage of earnings paid out to shareholders. Last year, Modern Steels Ltd gave ₹2 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 Modern Steels Ltd pays dividends to reward its shareholders.
  • In the quarter ending June 2007, Modern Steels Ltd has declared dividend of ₹2 - translating a dividend yield of 10.20%.

Let's look at Modern Steels Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:

  • Modern Steels Ltd’s revenue were ₹1.23Cr in the quarter ending March 2024. The revenuefell by -55.6% year on year basis since last quarter.
  • Modern Steels Ltd’s profits were ₹0.97Cr in the quarter ending March 2024. The profits fell by -60.89% year on year basis since last quarter.
  • Modern Steels Ltd’s dividend was ₹2 in the quarter ending June 2007.

Modern Steels Ltd Dividend related ratios:

  • Last dividend date: 24/07/2007
  • Current Dividend Yield: 10.20%
  • Annual dividend payment: ₹2

History of Modern Steels Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATE
22/08/2007
CASH
₹2
24/07/2007
24/08/2007
21/06/2005
CASH
₹0
17/06/2005
23/06/2005

FAQs

Modern Steels Ltd current market price is ₹19.61 per share

Modern Steels Ltd has declared dividend worth ₹2 in the latest quarter.

Modern Steels Ltd has declared dividend on 24/07/2007 of ₹2.