MSP Steel & Power Ltd Dividend 2023 : Should MSP Steel & Power Ltd be a part of your dividend portfolio?
MSP Steel & Power Ltd is one of the most popular Industrials company in the world with a market capitalisation of ₹495.64Cr. Its share price is ₹13 as on 21 September,2023.
The dividend is a percentage of earnings paid out to shareholders. Last year, MSP Steel & Power Ltd gave ₹0.75 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 MSP Steel & Power Ltd pays dividends to reward its shareholders.
In the quarter ending March 2012, MSP Steel & Power Ltd has declared dividend of ₹0.25 - translating a dividend yield of 5.77%.
Let's look at MSP Steel & Power Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
MSP Steel & Power Ltd’s revenue were ₹675.35Cr in the quarter ending June 2023. The revenue grew by 8.05% year on year basis since last quarter.
MSP Steel & Power Ltd’s profits were ₹-1.81Cr in the quarter ending June 2023. The profits grew by 87.61% year on year basis since last quarter.
MSP Steel & Power Ltd’s dividend was ₹0.25 in the quarter ending March 2012.
MSP Steel & Power Ltd Dividend related ratios:
Last dividend date: 30/05/2012
Current Dividend Yield: 5.77%
Annual dividend payment: ₹0.75
History of MSP Steel & Power Ltd's Dividend payments
Ex/EFF DATE
TYPE
CASH AMOUNT
DECLARATION DATE
RECORD DATE
14/09/2012
CASH
₹0.25
30/05/2012
18/09/2012
08/09/2011
CASH
₹0.50
31/05/2011
10/09/2011
16/09/2010
CASH
₹0.50
28/06/2010
20/09/2010
Discover More Dividend Stocks in Industrials Sector