Steelcast Dividend
Dividend criteria checks 5/6
Steelcast is a dividend paying company with a current yield of 1.65% that is well covered by earnings.
Key information
1.7%
Dividend yield
18%
Payout ratio
Industry average yield | 5.2% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₹37.47 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Steelcast'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's dividend payments have been volatile in the past 10 years.
Growing Dividend: STEELCAS's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Steelcast Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (STEELCAS) | 1.7% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Metals and Mining) | 5.2% |
Analyst forecast in 3 Years (STEELCAS) | n/a |
Notable Dividend: STEELCAS's dividend (1.65%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: STEELCAS's dividend (1.65%) is in the top 25% of dividend payers in the Indian market (1.17%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (18%), STEELCAS's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (32.6%), STEELCAS's dividend payments are well covered by cash flows.