TATASTEEL
Tata Steel Ltd
₹131.60
Tata Steel Ltd Dividend 2023 : Should Tata Steel Ltd be a part of your dividend portfolio?
Tata Steel Ltd is one of the most popular Industrials company in the world with a market capitalisation of ₹1,61,033.57Cr. Its share price is ₹131.60 as on 6 December,2023.
The dividend is a percentage of earnings paid out to shareholders. Last year, Tata Steel Ltd gave ₹54.60 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 Tata Steel Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2023, Tata Steel Ltd has declared dividend of ₹3.60 - translating a dividend yield of 41.49%.
Let's look at Tata Steel Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Tata Steel Ltd’s revenue were ₹56,013.06Cr in the quarter ending September 2023. The revenuefell by -7.12% year on year basis since last quarter.
- Tata Steel Ltd’s profits were ₹-6196.24Cr in the quarter ending September 2023. The profits fell by -509.15% year on year basis since last quarter.
- Tata Steel Ltd’s dividend was ₹3.60 in the quarter ending March 2023.
Tata Steel Ltd Dividend related ratios:
- Last dividend date: 02/05/2023
- Current Dividend Yield: 41.49%
- Annual dividend payment: ₹54.60
History of Tata Steel Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
22/06/2023 | CASH | ₹3.60 | 02/05/2023 | 23/06/2023 |
15/06/2022 | CASH | ₹51 | 04/05/2022 | 17/06/2022 |
17/06/2021 | CASH | ₹25 | 05/05/2021 | 19/06/2021 |
06/08/2020 | CASH | ₹10 | 29/06/2020 | 08/08/2020 |
04/07/2019 | CASH | ₹13 | 25/04/2019 | 06/07/2019 |
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