STEELXIND
Steel Exchange India Ltd
₹10
Steel Exchange India Ltd Dividend 2023 : Should Steel Exchange India Ltd be a part of your dividend portfolio?
Steel Exchange India Ltd is one of the most popular Industrials company in the world with a market capitalisation of ₹1,078.08Cr. Its share price is ₹10 as on 21 September,2023.
The dividend is a percentage of earnings paid out to shareholders. Last year, Steel Exchange India Ltd gave ₹2 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 Exchange India Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2009, Steel Exchange India Ltd has declared dividend of ₹1 - translating a dividend yield of 20%.
Let's look at Steel Exchange India Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Steel Exchange India Ltd’s revenue were ₹252.16Cr in the quarter ending June 2023. The revenuefell by -30.99% year on year basis since last quarter.
- Steel Exchange India Ltd’s profits were ₹-5.43Cr in the quarter ending June 2023. The profits fell by -166.79% year on year basis since last quarter.
- Steel Exchange India Ltd’s dividend was ₹1 in the quarter ending March 2009.
Steel Exchange India Ltd Dividend related ratios:
- Last dividend date: 29/06/2009
- Current Dividend Yield: 20%
- Annual dividend payment: ₹2
History of Steel Exchange India Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
24/09/2009 | CASH | ₹1 | 29/06/2009 | 29/09/2009 |
18/09/2008 | CASH | ₹1 | 01/07/2008 | 22/09/2008 |
06/12/2007 | CASH | ₹1 | 30/06/2007 | 10/12/2007 |
