SRU Steels Ltd Dividend 2024 : Should SRU Steels Ltd be a part of your dividend portfolio?
SRU Steels Ltd is one of the most popular Financial Services company in the world with a market capitalisation of ₹55.50Cr. Its share price is ₹9.10 as on 4 October,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, SRU Steels Ltd gave ₹0.10 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Financial Services stocks do not always pay a dividend but as SRU Steels Ltd pays dividends to reward its shareholders.
In the quarter ending December 2022, SRU Steels Ltd has declared dividend of ₹0.10 - translating a dividend yield of 1.10%.
Let's look at SRU Steels Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
SRU Steels Ltd’s revenue were ₹0.19Cr in the quarter ending June 2013. The revenue grew by 58.33% year on year basis since last quarter.
SRU Steels Ltd’s profits were ₹0.03Cr in the quarter ending June 2013. The profits grew by 50% year on year basis since last quarter.
SRU Steels Ltd’s dividend was ₹0.10 in the quarter ending December 2022.