Steelcast Dividends and Buybacks
Dividend criteria checks 3/6
Steelcast is a dividend paying company with a current yield of 0.9% that is well covered by earnings. Next payment date is on 9th December, 2024 with an ex-dividend date of 22nd November, 2024.
Key information
0.9%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 14.7% |
| Next dividend pay date | 09 Dec 24 |
| Ex dividend date | 22 Nov 24 |
| Dividend per share | ₹7.200 |
| Payout ratio | 23% |
Recent dividend and buyback updates
Steelcast (NSE:STEELCAS) Has Affirmed Its Dividend Of ₹1.35
Nov 14
Steelcast (NSE:STEELCAS) Will Pay A Dividend Of ₹1.35
Aug 11Steelcast (NSE:STEELCAS) Is Increasing Its Dividend To ₹3.15
Jul 18Recent updates
Steelcast (NSE:STEELCAS) Has Affirmed Its Dividend Of ₹1.35
Nov 14Even With A 26% Surge, Cautious Investors Are Not Rewarding Steelcast Limited's (NSE:STEELCAS) Performance Completely
Sep 15Steelcast (NSE:STEELCAS) Is Reinvesting To Multiply In Value
Sep 09Steelcast (NSE:STEELCAS) Will Pay A Dividend Of ₹1.35
Aug 11Steelcast (NSE:STEELCAS) Is Increasing Its Dividend To ₹3.15
Jul 18Steelcast's (NSE:STEELCAS) Dividend Will Be ₹1.35
Feb 03We Ran A Stock Scan For Earnings Growth And Steelcast (NSE:STEELCAS) Passed With Ease
Dec 26Steelcast (NSE:STEELCAS) Is Achieving High Returns On Its Capital
Dec 10Steelcast's (NSE:STEELCAS) Earnings Are Of Questionable Quality
May 26Pinning Down Steelcast Limited's (NSE:STEELCAS) P/E Is Difficult Right Now
Apr 01Stability and Growth of Payments
Fetching dividends data
Stable Dividend: STEELCAS has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: STEELCAS's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| Steelcast Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (STEELCAS) | 0.9% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Metals and Mining) | 2.6% |
| Analyst forecast (STEELCAS) (up to 3 years) | n/a |
Notable Dividend: STEELCAS's dividend (0.9%) is higher than the bottom 25% of dividend payers in the Indian market (0.24%).
High Dividend: STEELCAS's dividend (0.9%) is low compared to the top 25% of dividend payers in the Indian market (1.12%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (23.4%), STEELCAS's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (30.9%), STEELCAS's dividend payments are well covered by cash flows.