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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 DATETYPECASH AMOUNTDECLARATION DATERECORD 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

FAQs

Steel Exchange India Ltd current market price is ₹10 per share

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

Steel Exchange India Ltd has declared dividend on 29/06/2009 of ₹1.