Home

Dividend of Welcast Steels Ltd

Image

Welcast Steels Ltd

NSE: WELCASTSTEELS

Dividend Payout (Final)

₹ 2.5

Ex-Dividend Date: Aug 26, 2024

Key Highlights

  • Welcast Steels Ltd dividend yield is 0.2%.
  • Welcast Steels Ltd has declared 6 dividends since 2015.
  • In the past 12 months, Welcast Steels Ltd has given a dividend of ₹3.00 per share.
  • The Latest Trading Price of Welcast Steels Ltd is ₹ 1271 as of 15 Jan 15:30 .

swot
swot

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

Historical Dividend Payouts of Welcast Steels Ltd

Fiscal Year
leftDividend Payout (₹)right
2023-243
2022-233
2018-193
2017-182
2016-172

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 %

Image

Welcast Steels Ltd

NSE: WELCASTSTEELS

Share Price

₹ 1271.95

13.95 (1.11%)

stock direction

Last updated on: Jan 15, 2025

Company Fundamentals for Welcast Steels Ltd

Dividend Payout Over Time

No data available

Net Profit Vs Dividend Per Share

SWOT Analysis Of Welcast Steels Ltd

Strength

2

che

Weakness

1

che

Opportunity

0

che

Threats

0

che

BlinkX Score for Welcast Steels Ltd

Historical Market Cap of Welcast Steels Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Welcast Steels Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

Welcast Steels Ltd News Hub

Welcast Steels reports standalone net loss of Rs 0.58 crore in the June 2024 quarter

Net loss of Welcast Steels reported to Rs 0.58 crore in the quarter ended June 2024 as against net p

Read more

08 Aug 2024

Welcast Steels to announce Quarterly Result

Welcast Steels will hold a meeting of the Board of Directors of the Company on 29 October 2024. Powe

Read more

19 Oct 2024

Welcast Steels reports standalone net loss of Rs 0.06 crore in the September 2024 quarter

Net loss of Welcast Steels reported to Rs 0.06 crore in the quarter ended September 2024 as against

Read more

29 Oct 2024

About Welcast Steels Ltd

  • Incorporated in February, 1972, Welcast Steels Ltd (WSL) manufactures and markets a wide range of High Chrome Grinding Media Balls which are used in the process of Crushing/Grinding in the Cement, Mining and Thermal Power Plants.
  • At present, the Company's manufacturing capacity is 42,000 p.a. of High Chrome Grinding Media Balls. The Company employs alloy-casting process for manufacture of the products, which require designing of alloys in relation to end application.
  • The casting process is followed by precision heat treatment to develop required end properties.
  • Therefore, Company can generally be classified as a foundry.
  • Since the Company's products are used in the cement, mining and thermal power plants, the market prospects are linked with the requirement of these industries. The Indian Cement Industry has been facing excess capacity in the recent past due to sluggish demand.

FAQs for Dividends of Welcast Steels Ltd

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

The current market price of Welcast Steels Ltd stands at 1271.9 per share.

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

In the last fiscal year, Welcast Steels Ltd declared a dividend totaling ₹2.5.

What is the most recent dividend declared by Welcast Steels Ltd?

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

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

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

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

In the previous fiscal year (FY2023-2024), Welcast Steels Ltd declared dividends 4 times totaling ₹2.5.

What is Dividend Yield of Welcast Steels Ltd?

The Welcast Steels Ltd's Dividend Yield is 0.2 as of January 15, 2025

Will I get Welcast Steels Ltd dividend if I have shares?

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

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

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

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

Is Welcast Steels Ltd dividend automatically credited to a bank account?

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

Will I get Welcast Steels Ltd dividend if I have shares?

If you purchase Welcast 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.

Join the

Future of Trading

with BlinkX

#ItsATraderThing

Open Trading Account
Verify your phone
+91
*By signing up you agree to our terms & conditions