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
History of Steel Authority of India Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD 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 |
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