504988
Welcast Steels Ltd
₹1,665
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 ₹113.16Cr. Its share price is ₹1,665 as on 4 May,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 0.15%.
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 ₹20.60Cr in the quarter ending December 2023. The revenue grew by 3.62% year on year basis since last quarter.
- Welcast Steels Ltd’s profits were ₹1.23Cr in the quarter ending December 2023. The profits grew by 432.43% 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: 0.15%
- Annual dividend payment: ₹2.50
History of Welcast Steels Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD 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 |
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