SSWL

Steel Strips Wheels Ltd

₹248.35

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 ₹3,897.34Cr. Its share price is ₹248.35 as on 15 June,2025.The dividend is a percentage of earnings paid out to shareholders. Last year, Steel Strips Wheels Ltd gave ₹2.00 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 2024, Steel Strips Wheels Ltd has declared dividend of ₹1.00 - translating a dividend yield of 0.81%.

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 ₹1,234.94Cr in the quarter ending March 2025. The revenuefell by -20.15% year on year basis since last quarter.
Steel Strips Wheels Ltd’s profits were ₹60.66Cr in the quarter ending March 2025. The profits fell by -88.23% year on year basis since last quarter.
Steel Strips Wheels Ltd’s dividend was ₹1.00 in the quarter ending March 2024.

Steel Strips Wheels Ltd Dividend related ratios:

Last dividend date: 23/05/2024
Current Dividend Yield: 0.81%
Annual dividend payment: ₹2.00

History of Steel Strips Wheels Ltd's Dividend payments

Ex/EFF DATE	TYPE	CASH AMOUNT	DECLARATION DATE	RECORD DATE
23/09/2024	CASH	₹1.00	23/05/2024	24/09/2024
14/08/2023	CASH	₹1.00	26/05/2023	17/08/2023
22/09/2022	CASH	₹3.75	13/05/2022	24/09/2022
22/09/2021	CASH	₹2.00	07/05/2021	24/09/2021
20/09/2019	CASH	₹4.00	27/05/2019	24/09/2019