RAMASTEEL
Rama Steel Tubes Ltd
₹13.75
Rama Steel Tubes Ltd Dividend 2024 : Should Rama Steel Tubes Ltd be a part of your dividend portfolio?
Rama Steel Tubes Ltd is one of the most popular Industrials company in the world with a market capitalisation of ₹2,070.61Cr. Its share price is ₹13.75 as on 25 April,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Rama Steel Tubes Ltd gave ₹0.50 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 Rama Steel Tubes Ltd pays dividends to reward its shareholders.
- In the quarter ending December 2021, Rama Steel Tubes Ltd has declared dividend of ₹0.50 - translating a dividend yield of 3.64%.
Let's look at Rama Steel Tubes Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Rama Steel Tubes Ltd’s revenue were ₹264.17Cr in the quarter ending December 2023. The revenuefell by -26.07% year on year basis since last quarter.
- Rama Steel Tubes Ltd’s profits were ₹9.17Cr in the quarter ending December 2023. The profits grew by 22.92% year on year basis since last quarter.
- Rama Steel Tubes Ltd’s dividend was ₹0.50 in the quarter ending December 2021.
Rama Steel Tubes Ltd Dividend related ratios:
- Last dividend date: 14/02/2022
- Current Dividend Yield: 3.64%
- Annual dividend payment: ₹0.50
History of Rama Steel Tubes Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
24/02/2022 | CASH | ₹0.50 | 14/02/2022 | 25/02/2022 |
