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Dividend of Steel Strips Wheels Ltd

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Steel Strips Wheels Ltd

NSE: SSWL

Dividend Payout (Final)

₹ 1

Ex-Dividend Date: Sep 23, 2024

Key Highlights

  • The dividend payouts of Steel Strips Wheels Ltd changed from ₹ 1 to ₹ 4 over 6 quarters. This represents a CAGR of 151.98% .
  • The Latest Trading Price of Steel Strips Wheels Ltd is ₹ 221.5 as of 11 Dec 16:00 .

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Monitoring Steel Strips Wheels Ltd share price can help you stay informed about potential market shifts and opportunities.

Historical Dividend Payouts of Steel Strips Wheels Ltd

Fiscal Year
leftDividend Payout (₹)right
2023-241
2022-231
2021-224
2020-212
2018-194

Overview of Dividend

  • <h2><strong>Types of Dividend</strong></h2><br> <h3>Special Dividend</h3> <p>A dividend is paid on common stock when a company has accumulated substantial profits over years, often seen as excess cash that doesn't need immediate use.</p> <br> <h3>Preferred Dividend</h3> <p>A quarterly dividend is paid to preferred stock owners, typically accumulating a fixed amount, and is earned on shares that function more like bonds.</p> <br> <h3>Interim Dividend</h3> <p>Companies declare interim dividends before final full-year accounts are prepared, specifically in India, during the financial year from April to March of the following year.</p> <br> <h3>Final Dividend</h3> <p>A final dividend is issued after the year's accounts have been compiled.
  • Aside from this, the following list highlights the most prevalent sorts of dividends:</p> <br>.

Types of Dividend


Special Dividend

A dividend is paid on common stock when a company has accumulated substantial profits over years, often seen as excess cash that doesn't need immediate use.


Preferred Dividend

A quarterly dividend is paid to preferred stock owners, typically accumulating a fixed amount, and is earned on shares that function more like bonds.


Interim Dividend

Companies declare interim dividends before final full-year accounts are prepared, specifically in India, during the financial year from April to March of the following year.


Final Dividend

A final dividend is issued after the year's accounts have been compiled. Aside from this, the following list highlights the most prevalent sorts of dividends:


Dividend Yield Comparison With Top Peers

* All values are in %

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Steel Strips Wheels Ltd

NSE: SSWL

Share Price

₹ 221.5

-1.45 (-0.65%)

stock direction

Last updated on: Dec 11, 2024

Company Fundamentals for Steel Strips Wheels Ltd

No data available

Dividend Payout Over Time

No data available

Net Profit Vs Dividend Per Share

SWOT Analysis Of Steel Strips Wheels Ltd

Strength

1

che

Weakness

1

che

Opportunity

0

che

Threats

0

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BlinkX Score for Steel Strips Wheels Ltd

Historical Market Cap of Steel Strips Wheels Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Steel Strips Wheels Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

Steel Strips Wheels Ltd News Hub

Steel Strips Wheels AGM scheduled

Steel Strips Wheels announced that the Annual General Meeting (AGM) of the company will be held on 3

Read more

2024-08-31 00:00:00

SSWL net turnover slides 7% YoY in August

The company's gross turnover fell 6.17% to Rs 442.15 crore in August 2024 from Rs 471.24 crore recor

Read more

2024-09-02 00:00:00

Steel Strips Wheels appoints Company Secretary and Compliance Officer

Steel Strips Wheels has appointed Ms. Kanika supta as Company Secretary and Compliance officer of th

Read more

2024-10-29 00:00:00

Steel Strips Wheels to convene board meeting

Steel Strips Wheels will hold a meeting of the Board of Directors of the Company on 29 October 2024.

Read more

2024-10-21 00:00:00

About Steel Strips Wheels Ltd

  • Steel Strips Wheels Limited (SSWL), a part of the multifaceted Steel Strips Group, was established on February 28, 1985.
  • The Company is a leading manufacturer of Automotive Wheel Rims and other auto components.
  • SSWL started commercial production from 1991.
  • The company is armed with the latest know-how, manufacturing automobile wheel rims (cap. : 1.8 mln) at its state-of-the-art manufacturing unit at Chandigarh. The company introduced for the first time in the country - Cathodic Electro Deposition to its product range.
  • Its surface coating plant has been supplied, erected and commissioned by a leading company from the US. The Rim Line unit has been supplied by Hess Engineering, US, and the paint shop has been supplied by George Koch Sons, US. SSWL's main clients are Maruti Udyog (MUL), Mahindra & Mahindra, Bajaj Tempo, etc.

FAQs for Dividends of Steel Strips Wheels Ltd

What is the current market price of Steel Strips Wheels Ltd as of December 11, 2024?

The current market price of Steel Strips Wheels Ltd stands at 221.5 per share.

What dividend did Steel Strips Wheels Ltd declare in the last fiscal year?

In the last fiscal year, Steel Strips Wheels Ltd declared a dividend totaling ₹1.0.

What is the most recent dividend declared by Steel Strips Wheels Ltd?

Steel Strips Wheels Ltd has declared dividend worth ₹0.0 in the latest quarter..

How many times has Steel Strips Wheels Ltd declared dividends in the current fiscal year?

Steel Strips Wheels Ltd has declared dividends 2 times totaling ₹0 in the current fiscal year (FY2024-2025).

How many times did Steel Strips Wheels Ltd declare dividends in the previous fiscal year?

In the previous fiscal year (FY2023-2024), Steel Strips Wheels Ltd declared dividends 4 times totaling ₹1.0.

What is Dividend Yield of Steel Strips Wheels Ltd?

The Steel Strips Wheels Ltd's Dividend Yield is 0.4 as of December 11, 2024

Will I get Steel Strips Wheels Ltd dividend if I have shares?

If you purchase Steel Strips Wheels Ltd stock on or after its ex-dividend date, you won’t receive the next dividend; the seller will. Buy before the ex-dividend date to receive the dividend.

Do I lose my Steel Strips Wheels Ltd dividend if I sell my shares?

Shareholders who sell their Steel Strips Wheels Ltd stock before the ex-dividend date do not receive the dividend.

How do I check if I am eligible for a Steel Strips Wheels Ltd dividend?

To be eligible for the Steel Strips Wheels Ltd dividend, you must buy the stock no later than one day before the ex-dividend date.

Is Steel Strips Wheels Ltd dividend automatically credited to a bank account?

If your bank mandate is registered with the registrar, the Steel Strips Wheels Ltd dividend amount will be automatically credited to your bank account.

Will I get Steel Strips Wheels Ltd dividend if I have shares?

If you purchase Steel Strips Wheels Ltd stock on or after its ex-dividend date, you won’t receive the next dividend; the seller will. Buy before the ex-dividend date to receive the dividend.
Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.
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