Steel Authority of India | Dividends > Steel - Large > Dividends declared by Steel Authority of India - BSE: 500113, NSE: SAIL (2024)

FAQs

What is the dividend record of Steel Authority of India? ›

NSE) has announced a dividend of ₹3.6 with an ex date of June 22, 2024 and a payment date of July 10, 2024.

The metals-to-oil conglomerate also declared its first interim dividend of Rs 11 per equity share for financial year 2024-25 (FY25), amounting to Rs 4,089 crore.

The dividend declared by a company is paid to the shareholders in either of the following two ways: Through the National Electronic Clearing Service (NECS), also called the ECS. By mailing the dividend warrants to the physical address of the investor.

Which are the top dividend yield stocks in India? Some of the highest dividend paying stocks in India are Vedanta Ltd., Hindustan Zinc Ltd, Coal India Ltd, T.V. Today Network Ltd, Bhansali Engineering Polymers Ltd, Balmer Lawrie Investment Ltd, Coal India Ltd.

The dividend per share is calculated using a simple method. To calculate DPS, divide the entire number of dividends paid by the company by the total number of shares held. The annualised dividend is the total amount of dividends given out during the year.

As per the above data, Tata Steel's share price target for 2025 is at a maximum of Rs 208 and a Minimum of Rs 134. What is the Tata Steel Share Price Target for the year 2030? As per the above data, Tata Steel's share price target for 2030 is at a maximum of Rs 380 and a Minimum of Rs 266.

What Is a Good Dividend Yield? Yields from 2% to 6% are generally considered to be a good dividend yield, but there are plenty of factors to consider when deciding if a stock's yield makes it a good investment. Your own investment goals should also play a big role in deciding what a good dividend yield is for you.

For example, if a stock trades for $100 per share today and the company's annualized dividend is $5 per share, the dividend yield is 5%. The formula is: annualized dividend divided by share price equals yield. In this case, $5 divided by $100 equals 5%.

How often do dividend stocks pay out? ›

Dividends are typically issued quarterly but can also be disbursed monthly or annually. Distributions are announced in advance and determined by the company's board of directors. Companies pay dividends for a variety of reasons, most often to show their financial stability and to keep or attract investors.

Vedanta Ltd Dividend related ratios:

Last dividend date: 18/12/2023. Current Dividend Yield: 15.09% Annual dividend payment: ₹62.50.

Vedanta paid a total dividend of Rs 18,572 crore in FY24. This was against Rs 37,572 crore dividend it paid in FY23, Rs 16,689 crore in FY22 and Rs 3,519 crore in FY21. In a recent investor presentation, Vedanta said its 5-year average dividend yield at 17 per cent was 10 times the yield of Nifty 50 companies.

Record date, also known as the cut-off date, is the specific day on which a company finalises the list of shareholders eligible for its forthcoming dividend distribution.

SAIL, a major player in the iron and steel industry, saw a -3.19% decline in its stock on May 13th, 2024. Despite this, MarketsMojo has given a 'Buy' call for SAIL's stock, indicating a positive outlook. SAIL's moving averages are still higher, showing a strong performance in the past.

The ex-dividend date or "ex-date" is usually one business day before the record date. Investors who purchase a stock on its ex-dividend date or after will not receive the next dividend payment. Instead, the seller gets the dividend. Investors only get dividends if they buy the stock before the ex-dividend date.