Tata Steel Ltd initiates Final Dividend to reward investors in 2024
2.68%
Div. Yield
-101.2%
Payout Rat.
Tata Steel Ltd has announced an Final Dividend for the year 2024, paying ₹3.60 per share. To qualify for this dividend, investors must own shares before June 20, 2024, the ex-dividend date. With its stock priced at ₹182.28, this payout is expected to be positively received by the market.
In 2023, Tata Steel Ltd rewarded its shareholders with a Final Dividend of ₹3.60 per share. The company’s dividend payout ratio of -101.20% reflects its commitment to distributing profits while maintaining strong financial health. With a dividend yield of 2.68%, investors can gauge the return relative to the stock price.
Dividend Yield History
| Year | Yield |
|---|---|
| 2024 | 1.97% |
| 2023 | 3.16% |
| 2022 | - |
| 2021 | - |
| 2020 | - |
Dividend Payment History
| Ex-Div Date | Amount | Type | Share Price |
|---|---|---|---|
| June 20, 2024 | ₹3.60 | Final Dividend | ₹182.28 |
| June 21, 2023 | ₹3.60 | Final Dividend | ₹113.9 |
| June 14, 2022 | ₹51.00 | Final Dividend | ₹0 |
| June 16, 2021 | ₹25.00 | Final Dividend | ₹0 |
| August 5, 2020 | ₹10.00 | Final Dividend | ₹0 |
Dividend Stars
| Stock Name | Median Yield | Current Yield |
|---|---|---|
 Oracle Financial Services Software Ltd NSE: OFSS | 5.42% | 3.05% |
 Indian Oil Corporation Ltd NSE: IOC | 3.88% | 8.38% |
 Hindustan Petroleum Corporation Ltd NSE: HINDPETRO | 3.60% | 5.45% |
 Nmdc Ltd NSE: NMDC | 3.55% | 3.70% |
 Gail India Ltd NSE: GAIL | 3.34% | 3.43% |
FAQs
Tata Steel Ltd has declared dividend worth ₹3.60
Tata Steel Ltd has declared dividend on June 20, 2024
As of February 17, 2025, the dividend yield for Tata Steel Ltd is 2.68%
The most recent dividend payment for Tata Steel Ltd was ₹3.60 per share.
The current dividend payout ratio for Tata Steel Ltd is -101.20%