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504988

Welcast Steels Ltd

₹1,311.20

Welcast Steels Ltd Dividend 2024 : Should Welcast Steels Ltd be a part of your dividend portfolio?

Welcast Steels Ltd is one of the most popular Industrials company in the world with a market capitalisation of ₹84.08Cr. Its share price is ₹1,311.20 as on 15 June,2024.

The dividend is a percentage of earnings paid out to shareholders. Last year, Welcast Steels Ltd gave ₹2.50 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 Welcast Steels Ltd pays dividends to reward its shareholders.
  • In the quarter ending March 2023, Welcast Steels Ltd has declared dividend of ₹2.50 - translating a dividend yield of 0.19%.

Let's look at Welcast Steels Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:

  • Welcast Steels Ltd’s revenue were ₹26.22Cr in the quarter ending March 2024. The revenue grew by 21.16% year on year basis since last quarter.
  • Welcast Steels Ltd’s profits were ₹1.35Cr in the quarter ending March 2024. The profits grew by 164.59% year on year basis since last quarter.
  • Welcast Steels Ltd’s dividend was ₹2.50 in the quarter ending March 2023.

Welcast Steels Ltd Dividend related ratios:

  • Last dividend date: 16/05/2023
  • Current Dividend Yield: 0.19%
  • Annual dividend payment: ₹2.50

Welcast Steels Ltd Dividend v/s Welcast Steels Ltd Share price

History of Welcast Steels Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATE
05/09/2023
CASH
₹2.50
16/05/2023
06/09/2023
31/07/2019
CASH
₹2.50
22/05/2019
02/08/2019
01/08/2018
CASH
₹2
07/05/2018
03/08/2018
04/08/2017
CASH
₹2
22/05/2017
08/08/2017
10/09/2015
CASH
₹2
04/05/2015
14/09/2015
View More

FAQs

Welcast Steels Ltd current market price is ₹1,311.20 per share

Welcast Steels Ltd has declared dividend worth ₹2.50 in the latest quarter.

Welcast Steels Ltd has declared dividend on 16/05/2023 of ₹2.50.

Welcast Steels Ltd has declared dividend 1 times of ₹2.50 in the previous financial year (FY2023-2024)