Market alert: Welcast Steels Ltd announces Final Dividend for 2024 in Other Industrial Products
0.21%
Div. Yield
3.05%
Payout Rat.
Welcast Steels Ltd has recently declared an Final Dividend of ₹2.50 per share for the year 2024. The ex-dividend date is set for August 25, 2024, and shareholders must own shares before this date to qualify. With the stock priced at ₹1491.70, this dividend is expected to be positively received in the market.
In 2023, a Dividend of ₹2.50 per share was issued, and Welcast Steels Ltd continues this trend of delivering value to shareholders. The company’s dividend payout ratio of 3.05% underscores Welcast Steels Ltd’s commitment to providing consistent returns. The dividend yield of 0.21% offers insight into the return relative to the share price.
Dividend Yield History
| Year | Yield |
|---|---|
| 2024 | 0.17% |
| 2023 | 0.31% |
Dividend Payment History
| Ex-Div Date | Amount | Type | Share Price |
|---|---|---|---|
| August 25, 2024 | ₹2.50 | Final Dividend | ₹1491.7 |
| September 4, 2023 | ₹2.50 | Dividend | ₹810.4 |
Dividend Stars
| Stock Name | Median Yield | Current Yield |
|---|---|---|
 Oracle Financial Services Software Ltd NSE: OFSS | 5.41% | 4.03% |
 Indian Oil Corporation Ltd NSE: IOC | 3.81% | 4.84% |
 Cesc Ltd NSE: CESC | 3.08% | 3.93% |
 Gail India Ltd NSE: GAIL | 3.02% | 5.25% |
 Bajaj Auto Ltd NSE: BAJAJ-AUTO | 2.97% | 2.32% |
FAQs
Welcast Steels Ltd has declared dividend worth ₹2.50
Welcast Steels Ltd has declared dividend on August 25, 2024
As of February 17, 2025, the dividend yield for Welcast Steels Ltd is 0.21%
The most recent dividend payment for Welcast Steels Ltd was ₹2.50 per share.
The current dividend payout ratio for Welcast Steels Ltd is 3.05%
