Tata Steel Limited Stock Dividends
Tata Steel Limited Stock Dividends Overview
TATASTEEL.NS pays dividends yearly. Last paid amount was ₹3.60 at Jun 22, 2023. As of today, dividend yield (TTM) is 3.24%.
Dividend Yield Range
AI Analysis of TATASTEEL.NS
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 3.24% |
|---|---|
| Frequency | Yearly |
| 1Y Growth | 0% |
| Payout Ratio | 0 |
| Amount Per Share | ₹3.60 |
| Next Ex-Dividend Date | Jun 21, 2024 |
| Next Payment Date | Aug 14, 2024 |
Upcoming Dividend Payment
To receive the upcoming dividend from TATASTEEL the purchase should be done within the next 0 days.
Here's a simple guide on how to buy TATASTEEL stock.
TATASTEEL Dividend Payout History
To ensure a understanding of TATASTEEL'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 | Jun 21, 2024 | Jun 21, 2024 | Aug 14, 2024 | ₹3.60 | 2.00% |
| 2 | Jun 22, 2023 | Jun 22, 2023 | Jun 22, 2023 | ₹3.60 | 3.24% |
| 3 | Jun 15, 2022 | Jun 15, 2022 | Jun 15, 2022 | ₹5.10 | 5.31% |
| 4 | Jun 17, 2021 | Jun 17, 2021 | Jun 17, 2021 | ₹2.50 | 2.26% |
| 5 | Jun 29, 2020 | Aug 06, 2020 | Aug 24, 2020 | ₹1.00 | 2.33% |
| 6 | Apr 25, 2019 | Jul 04, 2019 | Jul 23, 2019 | ₹1.30 | 2.83% |
| 7 | May 16, 2018 | Jul 05, 2018 | Jul 23, 2018 | ₹1.00 | 1.93% |
| 8 | May 16, 2017 | Jul 20, 2017 | Aug 10, 2017 | ₹0.95 | 1.65% |
| 9 | May 25, 2016 | Jul 28, 2016 | Aug 16, 2016 | ₹0.762 | 2.11% |
| 10 | May 20, 2015 | Jul 23, 2015 | Sep 11, 2015 | ₹0.762 | 3.43% |
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
Growth potential
TATASTEEL Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from TATASTEEL dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in TATASTEEL stock here.
Comparing TATASTEEL to Sector and Country
TATASTEEL.NS pays a solid dividend yield of 3.24%, which is higher than the average of the bottom 25% of dividend payers in the IN market (0.253%). TATASTEEL.NS’s dividend yield is higher than the average of the top 25% of dividend payers in the Basic Materials sector in the IN market (3.15%).
