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JSW Steel Limited engages in the manufacture and sale of iron and steel products in India and internationally. The company provides hot rolled and cold-rolled coils, as well as galvanized, galvalume, and color coated products; and TMT bars, wire rods, and special alloy steel products. Its products are used in automotive, general engineering, machinery, and projects and construction applications. The company was formerly known as Jindal Vijayanagar Steel Limited and changed its name to JSW Steel Limited in June 2005. JSW Steel Limited was founded in 1982 and is based in Mumbai, India.

JSW Steel Dividend Announcement

JSW Steel announced a annually dividend of ₹7.30 per ordinary share which will be made payable on 2024-08-25. Ex dividend date: 2024-07-09
JSW Steel annual dividend for 2024 was ₹7.30
JSW Steel annual dividend for 2023 was ₹3.40
JSW Steel's trailing twelve-month (TTM) dividend yield is 0.73%
JSW Steel's dividend growth over the last five years (2018-2023) was 1.22% year
JSW Steel's dividend growth over the last ten years (2013-2023) was -10.23% year

JSW Steel Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-07-09₹7.30annually2024-08-25
2023-07-11₹3.40annually2023-08-27
2022-07-04₹17.35annually2022-07-22
2021-07-05₹6.50annually2021-07-23
2020-07-06₹2.00annually2020-07-27
2019-07-08₹4.10annually2019-07-29
2018-07-06₹3.20annually2018-08-23
2017-06-12₹2.25annually2017-07-29
2016-07-04₹7.50annually2016-08-25
2015-07-06₹11.00annually2015-08-27
2014-07-07₹11.00annually2014-08-30
2013-07-15₹10.00annually2013-08-29

JSW Steel Dividend per year

JSW Steel Dividend growth

JSW Steel Dividend Yield

JSW Steel current trailing twelve-month (TTM) dividend yield is 0.73%. Interested in purchasing JSW Steel stock? Use our calculator to estimate your expected dividend yield:

JSW Steel Financial Ratios

P/E ratio48.81
PEG ratio0.49
P/B ratio3.06
ROE6.40%
Payout ratio0.00%
Current ratio1.07
Quick ratio0.43
Cash Ratio0.10

JSW Steel Dividend FAQ

How much is the next JSW Steel dividend?
JSW Steel's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next JSW Steel dividend. The next JSW Steel dividend will be released in July.
When is JSW Steel dividend paid?
JSW Steel pays dividends on a annually basis. The specific dates may vary each year but are generally around July. 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 JSW Steel pay?
The specific amount of JSW Steel 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 JSW Steel's dividend history.
Does JSW Steel stock pay dividends?
Yes, JSW Steel 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 JSW Steel's dividend history.
How much dividend does JSW Steel pay?
JSW Steel paid ₹7.3 in 2024, ₹3.4 in 2023, ₹17.35 in 2022, ₹6.5 in 2021, and ₹2.0 in 2020.
How often does JSW Steel pay dividends?
JSW Steel 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 July.
What is JSW Steel's dividend yield?
The current dividend yield for JSW Steel is 0.73%. 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 JSW Steel's exact dividend yield.
When does JSW Steel go ex dividend?
JSW Steel's ex-dividend date for the latest dividend was on 2024-07-09. JSW Steel 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 JSW Steel dividend paid?
JSW Steel pays dividends on a annually basis, typically around July, but the exact dates can vary each year.
Will JSW Steel 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 JSW Steel 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 JSW Steel dividend per share?
JSW Steel paid ₹7.3 per share in 2024 and ₹3.4 per share in 2023. The amount of dividend per share that JSW Steel 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 JSW Steel 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 JSW Steel 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 JSW Steel a dividend stock?
Yes, JSW Steel is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is JSW Steel a good dividend stock?
Whether JSW Steel is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. JSW Steel has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating JSW Steel 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 JSW Steel pay dividends monthly?
JSW Steel typically pays dividends on a annually basis.
Does JSW Steel pay dividends quarterly?
JSW Steel currently pays dividends on a annually basis.
Has JSW Steel ever paid a dividend?
Yes, JSW Steel has a history of paying dividends to its shareholders. JSW Steel is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy JSW Steel dividend stocks?
To buy JSW Steel 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 JSW Steel 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 JSW Steel pay dividends 2024?
JSW Steel pays dividends on a annually basis. 2024 dividend payments are in 2024-08-25. 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 JSW Steel increase its dividend in 2024?
Decisions regarding JSW Steel 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 JSW Steel dividend overview you can look into the above table of dividend history.
How JSW Steel dividend works?
The JSW Steel 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 JSW Steel's dividend process works:

1. Determination of Dividend: JSW Steel'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, JSW Steel 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, JSW Steel 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 JSW Steel 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 JSW Steel dividends paid?
JSW Steel dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: JSW Steel 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, JSW Steel distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: JSW Steel 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 JSW Steel pay dividends?
JSW Steel 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 JSW Steel pay dividends?
The general pattern is that JSW Steel pays dividends around July. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is JSW Steel dividend safe?
The safety of JSW Steel'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 JSW Steel'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 JSW Steel'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.