Jindal Steel & Power Limited Stock Dividends
₹1,015.50
+10.25 (+1.02%)
At Close: May 17, 2024
JINDALSTEL.NS used to pay dividends yearly. Last paid amount was ₹2.00 at Sep 20, 2022. As of today, dividend yield (TTM) is 0%.
Dividend Yield Range
The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
AI Analysis of JINDALSTEL.NS
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Key Stats
| Dividend Yield (TTM) | 0% |
|---|---|
| Frequency | Yearly |
| 1Y Growth | 0% |
| Payout Ratio | 0 |
| Amount Per Share | ₹2.00 |
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Jindal Steel & Power Limited has not yet announced its next dividend date. Last payment date was: Sep 20, 2022.
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JINDALSTEL Dividend Payout History
To ensure a understanding of JINDALSTEL's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Sep 20, 2022 | Sep 20, 2022 | Sep 20, 2022 | ₹2.00 | 0.456% |
| 2 | Mar 16, 2022 | Mar 16, 2022 | Mar 16, 2022 | ₹1.00 | 0.215% |
| 3 | Apr 29, 2014 | Jul 11, 2014 | Aug 29, 2014 | ₹1.50 | 0.644% |
| 4 | Apr 25, 2013 | Sep 13, 2013 | Oct 30, 2013 | ₹1.60 | 0.667% |
| 5 | Apr 27, 2012 | Sep 10, 2012 | Oct 26, 2012 | ₹1.60 | 0.413% |
| 6 | Apr 21, 2011 | Sep 12, 2011 | Oct 29, 2011 | ₹1.50 | 0.259% |
| 7 | May 04, 2010 | Sep 13, 2010 | Oct 28, 2010 | ₹1.25 | 0.180% |
| 8 | May 27, 2009 | Sep 14, 2009 | Oct 29, 2009 | ₹0.92 | 0.137% |
| 9 | May 27, 2008 | Sep 12, 2008 | Oct 01, 2008 | ₹0.417 | 0.192% |
| 10 | Feb 18, 2008 | Feb 27, 2008 | Apr 01, 2008 | ₹0.250 | 0.0745% |
Dividend Sustainability
The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.
Sustainability score
Low (64.82%)
Growth potential
Stable (6.93%)
FAQ
What factors can affect the amount of JINDALSTEL.NS's dividend payments?
The amount of JINDALSTEL.NS's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in JINDALSTEL.NS sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.
Can dividends from JINDALSTEL.NS stock be automatically reinvested?
If JINDALSTEL.NS offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy JINDALSTEL.NS stock.
How often does JINDALSTEL.NS pay dividend?
Jindal Steel & Power Limited (JINDALSTEL.NS) used to pay dividends yearly. The most recent payout was on Sep 20, 2022.
How much does JINDALSTEL.NS pays per share?
The last recorder (Sep 20, 2022) dividend per share was ₹2.00.
What is JINDALSTEL.NS dividend growth rate?
Over the last year, Jindal Steel & Power Limited has witnessed growth rate of 0% . Looking back over the past 3 years, this growth rate has been 25.99%. Furthermore, examining the past 5 years, Jindal Steel & Power Limited has maintained an average Dividends Per Share Growth Rate of 14.87%.
