Could you please elaborate on whether the Steel Exchange offers a dividend to its shareholders? I'm particularly interested in understanding if there's a consistent dividend policy in place, and if so, what the payout ratio or yield typically stands at. Additionally, I'd like to know if the dividend payments are reliable and whether they've been increasing or decreasing over the years. Understanding the dividend strategy of the Steel Exchange is crucial for investors who are considering adding this stock to their portfolios.
5 answers
Riccardo
Tue Jul 09 2024
Investors were keenly interested in knowing the market capitalization of Steel Exchange to assess its financial strength and compare it with other players in the same sector.
CryptoAlchemy
Tue Jul 09 2024
Steel Exchange India Ltd. declared an equity dividend of 10% on July 1st, 2009, on shares with a face value of 1.0, resulting in a dividend payout of Rs 1 per share.
Federico
Tue Jul 09 2024
The ex-dividend date for this distribution was set as September 24th, 2009, indicating the cutoff date for shareholders to be eligible for the dividend.
EthereumEagleGuard
Mon Jul 08 2024
Within the Metals - Ferrous sector, Steel Exchange stock held a significant position, reflected in its market capitalization.
Martino
Mon Jul 08 2024
Specifically, Steel Exchange stock was ranked 47th in terms of market capitalization, indicating its relative size and importance in the sector.