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Dividend of Vardhman Special Steels Ltd

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Vardhman Special Steels Ltd

NSE: VSSL

Dividend Payout (Final)

₹ 2

Ex-Dividend Date: Sep 06, 2024

Key Highlights

  • Vardhman Special Steels Ltd dividend yield is 0.87%.
  • Vardhman Special Steels Ltd has declared 4 dividends since 2021.
  • In the past 12 months, Vardhman Special Steels Ltd has given a dividend of ₹2.00 per share.
  • The Latest Trading Price of Vardhman Special Steels Ltd is ₹ 232.2 as of 15 Jan 10:21 .

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Monitoring Vardhman Special Steels Ltd share price can help you stay informed about potential market shifts and opportunities.

Historical Dividend Payouts of Vardhman Special Steels Ltd

Fiscal Year
leftDividend Payout (₹)right
2023-242
2022-232
2021-224
2020-212

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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Vardhman Special Steels Ltd

NSE: VSSL

Share Price

₹ 232.2

3.65 (1.60%)

stock direction

Last updated on: Jan 15, 2025

Company Fundamentals for Vardhman Special Steels Ltd

Dividend Payout Over Time

No data available

Net Profit Vs Dividend Per Share

SWOT Analysis Of Vardhman Special Steels Ltd

Strength

1

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Weakness

0

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Opportunity

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Threats

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BlinkX Score for Vardhman Special Steels Ltd

Historical Market Cap of Vardhman Special Steels Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Vardhman Special Steels Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

Vardhman Special Steels Ltd News Hub

Vardhman Special Steels AGM scheduled

Vardhman Special Steels announced that the Annual General Meeting (AGM) of the company will be held

Read more

2024-08-31 00:00:00

Vardhman Special Steels allots 63,000 equity shares under ESOP

Vardhman Special Steels has allotted 63,000 equity shares under ESOP on 01 October 2024. Powered by

Read more

2024-10-01 00:00:00

Vardhman Special Steels to conduct board meeting

Vardhman Special Steels will hold a meeting of the Board of Directors of the Company on 7 November 2

Read more

2024-10-30 00:00:00

Vardhman Special Steels standalone net profit rises 39.87% in the September 2024 quarter

Net profit of Vardhman Special Steels rose 39.87% to Rs 25.82 crore in the quarter ended September 2

Read more

2024-11-07 00:00:00

About Vardhman Special Steels Ltd

  • Vardhman Special Steels Limited, was incorporated on 14 May 14, 2010 in Ludhiana.
  • The Company is one of India's leading special steel producers, developing high-quality special steel for automotive OEs operating in India.
  • The main business of the Company consist of manufacturing billets, steel bars and bright bars of various categories of special and alloy steels.
  • Part of the Vardhman Group, the Company is based at Ludhiana, India, with its manufacturing facility. As a part of US$1.4 billion Vardhman Group, the Company features among the leading producers of special and alloy steels catering primarily to domestic automotive sector.
  • Presently, it manufactures high quality special steel which is currently being imported.

FAQs for Dividends of Vardhman Special Steels Ltd

What is the current market price of Vardhman Special Steels Ltd as of January 15, 2025?

The current market price of Vardhman Special Steels Ltd stands at 231.5 per share.

What dividend did Vardhman Special Steels Ltd declare in the last fiscal year?

In the last fiscal year, Vardhman Special Steels Ltd declared a dividend totaling ₹0.0.

What is the most recent dividend declared by Vardhman Special Steels Ltd?

Vardhman Special Steels Ltd has declared dividend worth ₹0.0 in the latest quarter..

How many times has Vardhman Special Steels Ltd declared dividends in the current fiscal year?

Vardhman Special Steels Ltd has declared dividends 2 times totaling ₹0 in the current fiscal year (FY2024-2025).

How many times did Vardhman Special Steels Ltd declare dividends in the previous fiscal year?

In the previous fiscal year (FY2023-2024), Vardhman Special Steels Ltd declared dividends 4 times totaling ₹0.0.

What is Dividend Yield of Vardhman Special Steels Ltd?

The Vardhman Special Steels Ltd's Dividend Yield is 0.9 as of January 15, 2025

Will I get Vardhman Special Steels Ltd dividend if I have shares?

If you purchase Vardhman Special Steels 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 Vardhman Special Steels Ltd dividend if I sell my shares?

Shareholders who sell their Vardhman Special Steels Ltd stock before the ex-dividend date do not receive the dividend.

How do I check if I am eligible for a Vardhman Special Steels Ltd dividend?

To be eligible for the Vardhman Special Steels Ltd dividend, you must buy the stock no later than one day before the ex-dividend date.

Is Vardhman Special Steels Ltd dividend automatically credited to a bank account?

If your bank mandate is registered with the registrar, the Vardhman Special Steels Ltd dividend amount will be automatically credited to your bank account.

Will I get Vardhman Special Steels Ltd dividend if I have shares?

If you purchase Vardhman Special Steels 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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