Steel Authority of India Ltd logo

SAIL

Steel Authority of India Ltd

₹91.70

Steel Authority of India Ltd Dividend 2023 : 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 ₹38,769.11Cr. Its share price is ₹91.70 as on 4 October,2023.

The dividend is a percentage of earnings paid out to shareholders. Last year, Steel Authority of India Ltd gave ₹1.50 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 2023, Steel Authority of India Ltd has declared dividend of ₹0.50 - translating a dividend yield of 1.64%.

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 ₹24,886.23Cr in the quarter ending June 2023. The revenue grew by 2.23% year on year basis since last quarter.
  • Steel Authority of India Ltd’s profits were ₹212.48Cr in the quarter ending June 2023. The profits fell by -73.59% year on year basis since last quarter.
  • Steel Authority of India Ltd’s dividend was ₹0.50 in the quarter ending March 2023.

Steel Authority of India Ltd Dividend related ratios:

  • Last dividend date: 26/05/2023
  • Current Dividend Yield: 1.64%
  • Annual dividend payment: ₹1.50

Steel Authority of India Ltd Dividend v/s Steel Authority of India Ltd Share price

History of Steel Authority of India Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATE
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
28/03/2022
CASH
₹2.50
16/03/2022
29/03/2022
09/11/2021
CASH
₹4
29/10/2021
10/11/2021
View More

FAQs

Steel Authority of India Ltd current market price is ₹91.70 per share

Steel Authority of India Ltd has declared dividend worth ₹1.50 in the last year.

Steel Authority of India Ltd has declared dividend worth ₹0.50 in the latest quarter.

Steel Authority of India Ltd has declared dividend on 26/05/2023 of ₹0.50.

Steel Authority of India Ltd has declared dividend 1 times of ₹0.50 in the current financial year (FY2023-2024)

Steel Authority of India Ltd has declared dividend 2 times of ₹3.25 in the previous financial year (FY2022-2023)