Steel City Securities Dividend
Dividend criteria checks 3/6
Steel City Securities is a dividend paying company with a current yield of 3.06% that is well covered by earnings. Next payment date is on 28th October, 2024 with an ex-dividend date of 20th September, 2024.
Key information
3.1%
Dividend yield
33%
Payout ratio
| Industry average yield | 1.2% |
| Next dividend pay date | 28 Oct 24 |
| Ex dividend date | 20 Sep 24 |
| Dividend per share | ₹3.000 |
| Earnings per share | ₹9.24 |
| Dividend yield forecast | n/a |
Recent dividend updates
Steel City Securities (NSE:STEELCITY) Has Announced A Dividend Of ₹1.00
Sep 13
Steel City Securities' (NSE:STEELCITY) Dividend Will Be ₹1.00
Jul 13Steel City Securities (NSE:STEELCITY) Is Paying Out A Dividend Of ₹1.00
Jul 13Steel City Securities (NSE:STEELCITY) Is Due To Pay A Dividend Of ₹1.00
Feb 11Recent updates
Steel City Securities (NSE:STEELCITY) Has Announced A Dividend Of ₹1.00
Sep 13Steel City Securities' (NSE:STEELCITY) Dividend Will Be ₹1.00
Jul 13Steel City Securities Limited's (NSE:STEELCITY) Earnings Are Not Doing Enough For Some Investors
Apr 23Steel City Securities Limited (NSE:STEELCITY) Looks Inexpensive But Perhaps Not Attractive Enough
Dec 28Steel City Securities (NSE:STEELCITY) Is Paying Out A Dividend Of ₹1.00
Jul 13Steel City Securities (NSE:STEELCITY) Is Due To Pay A Dividend Of ₹1.00
Feb 11Is Now The Time To Put Steel City Securities (NSE:STEELCITY) On Your Watchlist?
Jul 01Steel City Securities (NSE:STEELCITY) Has Re-Affirmed Its Dividend Of ₹1.00
Feb 12Is Now The Time To Put Steel City Securities (NSE:STEELCITY) On Your Watchlist?
Dec 30Steel City Securities (NSE:STEELCITY) Has Announced A Dividend Of ₹1.00
Nov 05Executive Chairman Kamireddy Satyanarayana Just Bought A Handful Of Shares In Steel City Securities Limited (NSE:STEELCITY)
Mar 04Be Sure To Check Out Steel City Securities Limited (NSE:STEELCITY) Before It Goes Ex-Dividend
Mar 03Is Steel City Securities Limited (NSE:STEELCITY) A Great Dividend Stock?
Feb 17Trade Alert: The Executive Chairman Of Steel City Securities Limited (NSE:STEELCITY), Kamireddy Satyanarayana, Has Just Spent ₹1.0m Buying 32% More Shares
Dec 01
Would Steel City Securities Limited (NSE:STEELCITY) Be Valuable To Income Investors?
Nov 18Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: STEELCITY has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: STEELCITY's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| Steel City Securities Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (STEELCITY) | 3.1% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.0% |
| Industry Average (Capital Markets) | 1.2% |
| Analyst forecast (STEELCITY) (up to 3 years) | n/a |
Notable Dividend: STEELCITY's dividend (3.06%) is higher than the bottom 25% of dividend payers in the Indian market (0.24%).
High Dividend: STEELCITY's dividend (3.06%) is in the top 25% of dividend payers in the Indian market (1.03%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (32.5%), STEELCITY's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: STEELCITY is paying a dividend but the company has no free cash flows.