SSWL
Steel Strips Wheels Ltd
₹226.90
Steel Strips Wheels Ltd Dividend 2024 : Should Steel Strips Wheels Ltd be a part of your dividend portfolio?
Steel Strips Wheels Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹3,559.94Cr. Its share price is ₹226.90 as on 4 May,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Steel Strips Wheels Ltd gave ₹1 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
- Consumer Cyclical stocks do not always pay a dividend but as Steel Strips Wheels Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2023, Steel Strips Wheels Ltd has declared dividend of ₹1 - translating a dividend yield of 0.44%.
Let's look at Steel Strips Wheels Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Steel Strips Wheels Ltd’s revenue were ₹1,111.99Cr in the quarter ending December 2023. The revenue grew by 18.24% year on year basis since last quarter.
- Steel Strips Wheels Ltd’s profits were ₹59.41Cr in the quarter ending December 2023. The profits grew by 35.73% year on year basis since last quarter.
- Steel Strips Wheels Ltd’s dividend was ₹1 in the quarter ending March 2023.
Steel Strips Wheels Ltd Dividend related ratios:
- Last dividend date: 26/05/2023
- Current Dividend Yield: 0.44%
- Annual dividend payment: ₹1
History of Steel Strips Wheels Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
14/08/2023 | CASH | ₹1 | 26/05/2023 | 17/08/2023 |
22/09/2022 | CASH | ₹3.75 | 13/05/2022 | 24/09/2022 |
22/09/2021 | CASH | ₹2 | 07/05/2021 | 24/09/2021 |
20/09/2019 | CASH | ₹4 | 27/05/2019 | 24/09/2019 |
19/09/2018 | CASH | ₹4 | 26/05/2018 | 22/09/2018 |
View More
