Jindal Saw Limited, together with its subsidiaries, engages in the manufacture and supply of iron and steel pipes, pellets, and accessories in India and internationally. It operates through Iron and Steel Products, Waterways Logistics, and Others segments. The company offers submerged arc welded pipes used in the transportation of oil, gas, slurry, and water; ductile iron pipes and fittings for water and waste-water transportation; carbon, alloy, and stainless steel pipes, and tubes primarily used in petroleum, exploration, sugar, steel, bearing, automotive, general engineering, power, and process industries; and operates iron ore mine and pellet plant. It also provides precision stainless steel strips for use in the production of auto components, clocks, watches, and electrical equipment; drill pipes; soft magnetic nickel alloys; anti corrosion coating of pipes; induction bending of pipes; stainless and carbon steel tubes, and welded pipes for the oil and gas, pulp and paper, food, pharmaceuticals, water and sanitation, petrochemical, and boiler and heat exchanger applications, as well as general engineering markets. In addition, the company engages in the waterborne transportation businesses; building and repair of barges and ships; and inland shipping, business process outsourcing, call center and advisory, helical anchor manufacturing, property holding, tools and fittings, deep-sea transloading, and information technology activities. Jindal Saw Limited was incorporated in 1984 and is headquartered in New Delhi, India.
Jindalw Dividend Announcement
• Jindalw announced a annually dividend of ₹4.00 per ordinary share which will be made payable on 2024-07-18. Ex dividend date: 2024-06-11
• Jindalw annual dividend for 2024 was ₹4.00
• Jindalw annual dividend for 2023 was ₹3.00
• Jindalw's trailing twelve-month (TTM) dividend yield is 0.59%
• Jindalw's dividend growth over the last five years (2018-2023) was 20.11% year
• Jindalw's dividend growth over the last ten years (2013-2023) was 4.14% year
Jindalw Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-06-11 | ₹4.00 | annually | 2024-07-18 |
| 2023-06-13 | ₹3.00 | annually | 2023-08-19 |
| 2022-09-19 | ₹4.00 | annually | 2022-10-27 |
| 2021-07-08 | ₹2.00 | annually | 2021-08-15 |
| 2020-09-17 | ₹4.00 | annually | 2020-10-25 |
| 2019-08-29 | ₹2.00 | annually | 2019-10-09 |
| 2018-09-18 | ₹1.20 | annually | 2018-10-27 |
| 2017-09-15 | ₹1.00 | annually | 2017-10-25 |
| 2016-12-14 | ₹1.00 | annually | 2017-01-21 |
| 2015-09-10 | ₹1.00 | annually | 2015-10-18 |
| 2014-09-05 | ₹1.00 | annually | 2014-10-10 |
| 2013-09-23 | ₹2.00 | annually | 2013-10-03 |
Jindalw Dividend per year
Jindalw Dividend growth
Jindalw Dividend Yield
Jindalw current trailing twelve-month (TTM) dividend yield is 0.59%. Interested in purchasing Jindalw stock? Use our calculator to estimate your expected dividend yield:
Jindalw Financial Ratios
P/E ratio10.85
PEG ratio0.11
P/B ratio1.97
ROE20.44%
Payout ratio0.00%
Current ratio1.26
Quick ratio0.65
Cash Ratio0.06
Jindalw Dividend FAQ
How much is the next Jindalw dividend?
Jindalw's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Jindalw dividend. The next Jindalw dividend will be released in June.
When is Jindalw dividend paid?
Jindalw pays dividends on a annually basis. The specific dates may vary each year but are generally around June. 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 Jindalw pay?
The specific amount of Jindalw 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 Jindalw's dividend history.
Does Jindalw stock pay dividends?
Yes, Jindalw 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 Jindalw's dividend history.
How much dividend does Jindalw pay?
Jindalw paid ₹4.0 in 2024, ₹3.0 in 2023, ₹4.0 in 2022, ₹2.0 in 2021, and ₹4.0 in 2020.
How often does Jindalw pay dividends?
Jindalw typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around June.
What is Jindalw's dividend yield?
The current dividend yield for Jindalw is 0.59%. 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 Jindalw's exact dividend yield.
When does Jindalw go ex dividend?
Jindalw's ex-dividend date for the latest dividend was on 2024-06-11. Jindalw 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 Jindalw dividend paid?
Jindalw pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Jindalw 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 Jindalw 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 Jindalw dividend per share?
Jindalw paid ₹4.0 per share in 2024 and ₹3.0 per share in 2023. The amount of dividend per share that Jindalw 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 Jindalw 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 Jindalw 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 Jindalw a dividend stock?
Yes, Jindalw is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Jindalw a good dividend stock?
Whether Jindalw is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Jindalw has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Jindalw 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.
Other factors to consider when evaluating Jindalw 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 Jindalw pay dividends monthly?
Jindalw typically pays dividends on a annually basis.
Does Jindalw pay dividends quarterly?
Jindalw currently pays dividends on a annually basis.
Has Jindalw ever paid a dividend?
Yes, Jindalw has a history of paying dividends to its shareholders. Jindalw is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Jindalw dividend stocks?
To buy Jindalw 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 Jindalw 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.
Place an order: Use the brokerage's trading platform to place an order to buy Jindalw 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 Jindalw pay dividends 2024?
Jindalw pays dividends on a annually basis. 2024 dividend payments are in 2024-07-18. 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 Jindalw increase its dividend in 2024?
Decisions regarding Jindalw 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 Jindalw dividend overview you can look into the above table of dividend history.
How Jindalw dividend works?
The Jindalw 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 Jindalw's dividend process works:
1. Determination of Dividend: Jindalw'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, Jindalw 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, Jindalw 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 Jindalw 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.
1. Determination of Dividend: Jindalw'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, Jindalw 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, Jindalw 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 Jindalw 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 Jindalw dividends paid?
Jindalw dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Jindalw 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, Jindalw distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Jindalw 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.
1. Record Date: Jindalw 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, Jindalw distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Jindalw 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 Jindalw pay dividends?
Jindalw typically pays dividends on a annually 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 Jindalw pay dividends?
The general pattern is that Jindalw pays dividends around June. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Jindalw dividend safe?
The safety of Jindalw'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 Jindalw'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 Jindalw'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.
To assess the safety of Jindalw'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 Jindalw'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.