company-logo

Jindal Stainless Limited manufactures and sells stainless steel products in India and internationally. The company provides ferro alloys, stainless steel slabs, hot rolled coils, plates and sheets, and cold rolled coils and sheets. Its products are used in automobile, railway and transport, architecture, building and construction, chemical and petrochemical, capital goods, consumer durables, nuclear, precision strip and blade steel, coin blanks, plumbing, and process markets. The company was founded in 1970 and is based in New Delhi, India.

Jindal Stainless Dividend Announcement

Jindal Stainless announced a quarterly dividend of ₹2.00 per ordinary share which will be made payable on 2024-10-09. Ex dividend date: 2024-08-30
Jindal Stainless annual dividend for 2024 was ₹2.00
Jindal Stainless annual dividend for 2023 was ₹3.50
Jindal Stainless's trailing twelve-month (TTM) dividend yield is 0.4%

Jindal Stainless Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-08-30₹2.00quarterly2024-10-09
2023-10-27₹1.00quarterly2023-11-17
2023-09-15₹1.50quarterly2023-10-20
2023-04-28₹1.00quarterly2023-05-17
2008-08-13₹2.00quarterly2008-10-01
2007-08-02₹0.40quarterly2007-09-01
2007-03-29₹1.60quarterly2007-04-15
2006-09-07₹1.60quarterly2006-09-24
2005-04-28₹1.20quarterly2005-05-14
2005-01-19₹1.20quarterly
2004-04-22₹0.80quarterly
2003-12-12₹6.00quarterly

Jindal Stainless Dividend per year

Jindal Stainless Dividend growth

Jindal Stainless Dividend Yield

Jindal Stainless current trailing twelve-month (TTM) dividend yield is 0.4%. Interested in purchasing Jindal Stainless stock? Use our calculator to estimate your expected dividend yield:

Jindal Stainless Financial Ratios

P/E ratio23.88
PEG ratio0.65
P/B ratio4.35
ROE18.94%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00

Jindal Stainless Dividend FAQ

How much is the next Jindal Stainless dividend?
Jindal Stainless's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Jindal Stainless dividend. The next Jindal Stainless dividend will be released in April, September, or October.
When is Jindal Stainless dividend paid?
Jindal Stainless pays dividends on a quarterly basis. The specific dates may vary each year but are generally around April, September, and October. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Jindal Stainless pay?
The specific amount of Jindal Stainless dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Jindal Stainless's dividend history.
Does Jindal Stainless stock pay dividends?
Yes, Jindal Stainless does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Jindal Stainless's dividend history.
How much dividend does Jindal Stainless pay?
Jindal Stainless paid ₹2.0 in 2024, ₹3.5 in 2023, ₹0.0 in 2022, ₹0.0 in 2021, and ₹0.0 in 2020.
How often does Jindal Stainless pay dividends?
Jindal Stainless typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around April, September, and October.
What is Jindal Stainless's dividend yield?
The current dividend yield for Jindal Stainless is 0.4%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Jindal Stainless's exact dividend yield.
When does Jindal Stainless go ex dividend?
Jindal Stainless's ex-dividend date for the latest dividend was on 2024-08-30. Jindal Stainless typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Jindal Stainless dividend paid?
Jindal Stainless pays dividends on a quarterly basis, typically around April, September, or October, but the exact dates can vary each year.
Will Jindal Stainless increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Jindal Stainless will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Jindal Stainless dividend per share?
Jindal Stainless paid ₹2.0 per share in 2024 and ₹3.5 per share in 2023. The amount of dividend per share that Jindal Stainless pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Jindal Stainless a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Jindal Stainless a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Jindal Stainless a dividend stock?
Yes, Jindal Stainless is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Jindal Stainless a good dividend stock?
Whether Jindal Stainless is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Jindal Stainless has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Jindal Stainless as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Jindal Stainless pay dividends monthly?
Jindal Stainless typically pays dividends on a quarterly basis.
Does Jindal Stainless pay dividends quarterly?
Jindal Stainless currently pays dividends on a quarterly basis.
Has Jindal Stainless ever paid a dividend?
Yes, Jindal Stainless has a history of paying dividends to its shareholders. Jindal Stainless is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Jindal Stainless dividend stocks?
To buy Jindal Stainless you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Jindal Stainless stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Jindal Stainless pay dividends 2024?
Jindal Stainless pays dividends on a quarterly basis. 2024 dividend payments are in 2024-10-09. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Jindal Stainless increase its dividend in 2024?
Decisions regarding Jindal Stainless dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Jindal Stainless dividend overview you can look into the above table of dividend history.
How Jindal Stainless dividend works?
The Jindal Stainless dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Jindal Stainless's dividend process works:

1. Determination of Dividend: Jindal Stainless's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, Jindal Stainless publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, Jindal Stainless distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from Jindal Stainless are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Jindal Stainless dividends paid?
Jindal Stainless dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Jindal Stainless sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, Jindal Stainless distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Jindal Stainless declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Jindal Stainless pay dividends?
Jindal Stainless typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Jindal Stainless pay dividends?
The general pattern is that Jindal Stainless pays dividends around April, September, and October. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Jindal Stainless dividend safe?
The safety of Jindal Stainless's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Jindal Stainless's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review Jindal Stainless's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.