Steel Authority of India Dividend
Dividend criteria checks 3/6
Steel Authority of India is a dividend paying company with a current yield of 1.58% that is well covered by earnings. Next payment date is on 26th October, 2024 with an ex-dividend date of 19th September, 2024.
Key information
1.6%
Dividend yield
28%
Payout ratio
| Industry average yield | 1.6% |
| Next dividend pay date | 26 Oct 24 |
| Ex dividend date | 19 Sep 24 |
| Dividend per share | ₹2.000 |
| Earnings per share | ₹7.11 |
| Dividend yield forecast | 1.7% |
Recent dividend updates
Recent updates
Steel Authority of India (NSE:SAIL) Has Announced A Dividend Of ₹1.00
Sep 07
Returns At Steel Authority of India (NSE:SAIL) Appear To Be Weighed Down
Aug 28There Is A Reason Steel Authority of India Limited's (NSE:SAIL) Price Is Undemanding
Jul 13These 4 Measures Indicate That Steel Authority of India (NSE:SAIL) Is Using Debt Extensively
Jun 18Steel Authority of India's (NSE:SAIL) Solid Earnings Are Supported By Other Strong Factors
May 28Steel Authority of India Limited Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
May 23Returns At Steel Authority of India (NSE:SAIL) Appear To Be Weighed Down
May 01Steel Authority of India Limited's (NSE:SAIL) Share Price Boosted 31% But Its Business Prospects Need A Lift Too
Apr 13Calculating The Fair Value Of Steel Authority of India Limited (NSE:SAIL)
Mar 04Revenue Miss: Steel Authority of India Limited Fell 15% Short Of Analyst Revenue Estimates And Analysts Have Been Revising Their Models
Feb 17Steel Authority of India Limited's (NSE:SAIL) Share Price Boosted 26% But Its Business Prospects Need A Lift Too
Feb 08Steel Authority of India Limited (NSE:SAIL) Held Back By Insufficient Growth Even After Shares Climb 29%
Dec 19Returns On Capital Are Showing Encouraging Signs At Steel Authority of India (NSE:SAIL)
Dec 05Steel Authority of India (NSE:SAIL) Has A Somewhat Strained Balance Sheet
Sep 12Steel Authority of India (NSE:SAIL) Will Be Hoping To Turn Its Returns On Capital Around
Aug 16Steel Authority of India (NSE:SAIL) Has A Somewhat Strained Balance Sheet
Jun 08Returns At Steel Authority of India (NSE:SAIL) Are On The Way Up
May 12Steel Authority of India's (NSE:SAIL) Returns On Capital Are Heading Higher
Feb 09We Like These Underlying Return On Capital Trends At Steel Authority of India (NSE:SAIL)
Nov 10Estimating The Intrinsic Value Of Steel Authority of India Limited (NSE:SAIL)
Oct 15Steel Authority of India (NSE:SAIL) Knows How To Allocate Capital Effectively
Aug 03Here's Why Steel Authority of India (NSE:SAIL) Can Manage Its Debt Responsibly
Jul 16Here's Why We Think Steel Authority of India (NSE:SAIL) Might Deserve Your Attention Today
Jun 28Why We Like The Returns At Steel Authority of India (NSE:SAIL)
Apr 28Are Investors Undervaluing Steel Authority of India Limited (NSE:SAIL) By 44%?
Apr 07Should You Be Adding Steel Authority of India (NSE:SAIL) To Your Watchlist Today?
Mar 06Does Steel Authority of India (NSE:SAIL) Have A Healthy Balance Sheet?
Feb 17We Think Steel Authority of India (NSE:SAIL) Might Have The DNA Of A Multi-Bagger
Jan 09Do Steel Authority of India's (NSE:SAIL) Earnings Warrant Your Attention?
Nov 21Steel Authority of India (NSE:SAIL) Seems To Use Debt Quite Sensibly
Nov 04Steel Authority of India Limited's (NSE:SAIL) Intrinsic Value Is Potentially 55% Above Its Share Price
Sep 30Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SAIL's dividend payments have been volatile in the past 10 years.
Growing Dividend: SAIL's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Steel Authority of India Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SAIL) | 1.6% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.0% |
| Industry Average (Metals and Mining) | 1.6% |
| Analyst forecast (SAIL) (up to 3 years) | 1.7% |
Notable Dividend: SAIL's dividend (1.58%) is higher than the bottom 25% of dividend payers in the Indian market (0.23%).
High Dividend: SAIL's dividend (1.58%) 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 (28%), SAIL's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: SAIL is paying a dividend but the company has no free cash flows.