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 ₹2,236.65Cr. Its share price is ₹14.28 as on 4 October,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 3.50%.
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 ₹217.59Cr in the quarter ending June 2024. The revenuefell by -30.83% year on year basis since last quarter.
Rama Steel Tubes Ltd’s profits were ₹6.36Cr in the quarter ending June 2024. The profits fell by -10.04% 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: 3.50%
Annual dividend payment: ₹0.50
History of Rama Steel Tubes Ltd's Dividend payments