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Steel Strips Wheels Ltd

₹223.30

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 ₹3,388.89Cr. Its share price is ₹223.30 as on 21 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 0.45%.

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: 0.45%
  • Annual dividend payment: ₹1

Steel Strips Wheels Ltd Dividend v/s Steel Strips Wheels Ltd Share price

History of Steel Strips Wheels Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD 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
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FAQs

Steel Strips Wheels Ltd current market price is ₹223.30 per share

Steel Strips Wheels Ltd has declared dividend worth ₹1 in the last year.

Steel Strips Wheels Ltd has declared dividend worth ₹1 in the latest quarter.

Steel Strips Wheels Ltd has declared dividend on 26/05/2023 of ₹1.

Steel Strips Wheels Ltd has declared dividend 1 times of ₹1 in the previous financial year (FY2023-2024)