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Kalyani Steels Limited manufactures and sells iron and steel products. The company provides rolled bars for various automotive applications, including crankshaft, camshaft, connecting rods, gears, transmission shafts, axle beams, steering knuckles, and others; rolled bars for engineering applications comprising alloyed steels for use in energy, railways, defense, fasteners, material handling, etc.; and steel for use in the earthmoving, cement, sugar, steel, coal, ship-building, and oilfield industries, as well as general engineering equipment. It also offers round cast for seamless tube industry; and machined bars for aluminum smelting industry. The company serves various component manufacturers of commercial vehicles, two wheelers, diesel engines, bearings, tractors, turbines, and rail in India and internationally. Kalyani Steels Limited was incorporated in 1973 and is headquartered in Pune, India.

Kalyani Steels Dividend Announcement

Kalyani Steels announced a annually dividend of ₹10.00 per ordinary share which will be made payable on 2024-09-02. Ex dividend date: 2024-08-14
Kalyani Steels annual dividend for 2024 was ₹10.00
Kalyani Steels annual dividend for 2023 was ₹10.00
Kalyani Steels's trailing twelve-month (TTM) dividend yield is 1.29%
Kalyani Steels's dividend growth over the last five years (2018-2023) was 14.87% year

Kalyani Steels Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-08-14₹10.00annually2024-09-02
2023-08-11₹10.00annually2023-08-30
2022-07-22₹10.00annually2022-08-12
2021-08-26₹7.50annually2021-09-15
2020-03-12₹5.00annually2020-03-23
2019-08-16₹5.00annually2019-09-26
2018-08-10₹5.00annually2018-09-20
2017-07-24₹5.00annually2017-08-31
2014-08-27₹3.00annually2014-10-05
2013-07-18₹1.50annually2013-08-23
2012-07-19₹1.00annually2012-08-27
2011-08-04₹2.00annually2011-09-11

Kalyani Steels Dividend per year

Kalyani Steels Dividend growth

Kalyani Steels Dividend Yield

Kalyani Steels current trailing twelve-month (TTM) dividend yield is 1.29%. Interested in purchasing Kalyani Steels stock? Use our calculator to estimate your expected dividend yield:

Kalyani Steels Financial Ratios

P/E ratio13.59
PEG ratio0.14
P/B ratio1.93
ROE14.90%
Payout ratio0.00%
Current ratio1.65
Quick ratio1.28
Cash Ratio0.70

Kalyani Steels Dividend FAQ

How much is the next Kalyani Steels dividend?
Kalyani Steels's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Kalyani Steels dividend. The next Kalyani Steels dividend will be released in August.
When is Kalyani Steels dividend paid?
Kalyani Steels pays dividends on a annually basis. The specific dates may vary each year but are generally around August. 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 Kalyani Steels pay?
The specific amount of Kalyani Steels 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 Kalyani Steels's dividend history.
Does Kalyani Steels stock pay dividends?
Yes, Kalyani Steels 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 Kalyani Steels's dividend history.
How much dividend does Kalyani Steels pay?
Kalyani Steels paid ₹10.0 in 2024, ₹10.0 in 2023, ₹10.0 in 2022, ₹7.5 in 2021, and ₹5.0 in 2020.
How often does Kalyani Steels pay dividends?
Kalyani Steels 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 August.
What is Kalyani Steels's dividend yield?
The current dividend yield for Kalyani Steels is 1.29%. 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 Kalyani Steels's exact dividend yield.
When does Kalyani Steels go ex dividend?
Kalyani Steels's ex-dividend date for the latest dividend was on 2024-08-14. Kalyani Steels 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 Kalyani Steels dividend paid?
Kalyani Steels pays dividends on a annually basis, typically around August, but the exact dates can vary each year.
Will Kalyani Steels 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 Kalyani Steels 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 Kalyani Steels dividend per share?
Kalyani Steels paid ₹10.0 per share in 2024 and ₹10.0 per share in 2023. The amount of dividend per share that Kalyani Steels 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 Kalyani Steels 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 Kalyani Steels 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 Kalyani Steels a dividend stock?
Yes, Kalyani Steels is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Kalyani Steels a good dividend stock?
Whether Kalyani Steels is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Kalyani Steels has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Kalyani Steels 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 Kalyani Steels pay dividends monthly?
Kalyani Steels typically pays dividends on a annually basis.
Does Kalyani Steels pay dividends quarterly?
Kalyani Steels currently pays dividends on a annually basis.
Has Kalyani Steels ever paid a dividend?
Yes, Kalyani Steels has a history of paying dividends to its shareholders. Kalyani Steels is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Kalyani Steels dividend stocks?
To buy Kalyani Steels 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 Kalyani Steels 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 Kalyani Steels pay dividends 2024?
Kalyani Steels pays dividends on a annually basis. 2024 dividend payments are in 2024-09-02. 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 Kalyani Steels increase its dividend in 2024?
Decisions regarding Kalyani Steels 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 Kalyani Steels dividend overview you can look into the above table of dividend history.
How Kalyani Steels dividend works?
The Kalyani Steels 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 Kalyani Steels's dividend process works:

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

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

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