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Steel Authority of India Ltd

₹122.79

Steel Authority of India Ltd Dividend 2024 : Should Steel Authority of India Ltd be a part of your dividend portfolio?

Steel Authority of India Ltd is one of the most popular Industrials company in the world with a market capitalisation of ₹49,194.56Cr. Its share price is ₹122.79 as on 3 December,2024.

The dividend is a percentage of earnings paid out to shareholders. Last year, Steel Authority of India Ltd gave ₹2.50 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 Steel Authority of India Ltd pays dividends to reward its shareholders.
  • In the quarter ending March 2024, Steel Authority of India Ltd has declared dividend of ₹1 - translating a dividend yield of 2.04%.

Let's look at Steel Authority of India Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:

  • Steel Authority of India Ltd’s revenue were ₹24,997.41Cr in the quarter ending September 2024. The revenuefell by -16.55% year on year basis since last quarter.
  • Steel Authority of India Ltd’s profits were ₹897.15Cr in the quarter ending September 2024. The profits fell by -31.28% year on year basis since last quarter.
  • Steel Authority of India Ltd’s dividend was ₹1 in the quarter ending March 2024.

Steel Authority of India Ltd Dividend related ratios:

  • Last dividend date: 20/05/2024
  • Current Dividend Yield: 2.04%
  • Annual dividend payment: ₹2.50

History of Steel Authority of India Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATE
19/09/2024
CASH
₹1
20/05/2024
19/09/2024
20/02/2024
CASH
₹1
12/02/2024
20/02/2024
20/09/2023
CASH
₹0.50
26/05/2023
20/09/2023
24/03/2023
CASH
₹1
16/03/2023
24/03/2023
28/07/2022
CASH
₹2.25
23/05/2022
29/07/2022
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Steel Authority of India Ltd Dividend v/s Steel Authority of India Ltd Share price

FAQs

Steel Authority of India Ltd current market price is ₹122.79 per share

Steel Authority of India Ltd has declared dividend worth ₹2 in the last year.

Steel Authority of India Ltd has declared dividend worth ₹1 in the latest quarter.

Steel Authority of India Ltd has declared dividend on 20/05/2024 of ₹1.

Steel Authority of India Ltd has declared dividend 1 times of ₹1 in the current financial year (FY2024-2025)

Steel Authority of India Ltd has declared dividend 2 times of ₹1.50 in the previous financial year (FY2023-2024)