Market alert: Welspun Corp Limited announces Final Dividend for 2024 in Iron & Steel Products
0.68%
Div. Yield
11.78%
Payout Rat.
Welspun Corp Limited has recently declared an Final Dividend of ₹5.00 per share for the year 2024. The ex-dividend date is set for June 27, 2024, and shareholders must own shares before this date to qualify. With the stock priced at ₹553.05, this dividend is expected to be positively received in the market.
In 2023, a Final Dividend of ₹5.00 per share was issued, and Welspun Corp Limited continues this trend of delivering value to shareholders. The company’s dividend payout ratio of 11.78% underscores Welspun Corp Limited’s commitment to providing consistent returns. The dividend yield of 0.68% offers insight into the return relative to the share price.
Dividend Yield History
| Year | Yield |
|---|---|
| 2024 | 0.90% |
| 2023 | 1.88% |
| 2022 | 2.11% |
| 2021 | 3.73% |
| 2020 | 4.48% |
Dividend Payment History
| Ex-Div Date | Amount | Type | Share Price |
|---|---|---|---|
| June 27, 2024 | ₹5.00 | Final Dividend | ₹553.05 |
| June 15, 2023 | ₹5.00 | Final Dividend | ₹266.5 |
| June 8, 2022 | ₹5.00 | Dividend | ₹236.9 |
| August 8, 2021 | ₹5.00 | Final Dividend | ₹134.2 |
| August 5, 2020 | ₹0.50 | Dividend | ₹100.45 |
| February 11, 2020 | ₹10.00 | Interim Dividend | ₹223.2 |
Dividend Stars
| Stock Name | Median Yield | Current Yield |
|---|---|---|
 Oracle Financial Services Software Ltd NSE: OFSS | 5.42% | 2.82% |
 Indian Oil Corporation Ltd NSE: IOC | 3.88% | 8.65% |
 Hindustan Petroleum Corporation Ltd NSE: HINDPETRO | 3.60% | 5.35% |
 Gail India Ltd NSE: GAIL | 3.34% | 3.57% |
 Bajaj Auto Ltd NSE: BAJAJ-AUTO | 3.16% | 2.51% |
FAQs
Welspun Corp Limited has declared dividend worth ₹5.00
Welspun Corp Limited has declared dividend on June 27, 2024
As of February 17, 2025, the dividend yield for Welspun Corp Limited is 0.68%
The most recent dividend payment for Welspun Corp Limited was ₹5.00 per share.
The current dividend payout ratio for Welspun Corp Limited is 11.78%