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Steel City Securities Limited provides retail stock broking services in southern parts of India. It provides a trading platform of capital market, futures and options, commodities, and currency derivatives; acts as a depository participant; offers margin trading facility for stocks or derivatives traded on NSE and BSE; and distributes mutual funds, credit cards, corporate fixed deposits, bonds, and IPOs. The company also promotes pension schemes for the retirement benefits of employees and business people; offers insurance agency services, and online payment system for online and offline trading clients; and provides non-banking financial services, such as project finance loans, housing loans, personal loans, gold loans, and loans against securities, as well as a mobile trading application. In addition, it offers e-governance products, such as PAN, TAN, e-TDS and e-TCS returns/statements, E- sign, annual information return, GST returns, and form 24G, as well as change requests of PAN and TAN. The company was incorporated in 1995 and is headquartered in Visakhapatnam, India.

Steel City Securities Dividend Announcement

Steel City Securities announced a quarterly dividend of ₹1.00 per ordinary share which will be made payable on 2024-10-28. Ex dividend date: 2024-09-20
Steel City Securities annual dividend for 2024 was ₹3.00
Steel City Securities annual dividend for 2023 was ₹3.00
Steel City Securities's trailing twelve-month (TTM) dividend yield is 3.43%
Steel City Securities's dividend growth over the last five years (2018-2023) was 3.71% year

Steel City Securities Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-20₹1.00quarterly2024-10-28
2024-07-23₹1.00quarterly2024-08-09
2024-02-16₹1.00quarterly
2023-09-20₹1.00quarterly2023-09-20
2023-07-19₹1.00quarterly2023-08-07
2023-02-20₹1.00quarterly2023-03-10
2022-10-27₹1.00quarterly2022-10-27
2022-07-21₹1.00quarterly2022-08-29
2022-02-24₹1.00quarterly2022-03-12
2021-11-17₹1.00quarterly2021-12-03
2021-09-08₹1.00quarterly2021-10-18
2021-03-08₹1.00quarterly2021-03-27
2020-11-25₹1.00quarterly2020-11-27
2020-03-12₹0.50quarterly2020-03-14
2019-10-17₹1.00quarterly2019-11-06
2019-09-04₹0.50quarterly2019-10-14
2019-02-28₹1.00quarterly2019-03-20
2018-10-25₹1.00quarterly2018-11-11
2018-08-21₹0.50quarterly2018-10-01
2018-03-09₹1.00quarterly2018-03-29
2017-10-26₹1.00quarterly2017-11-11
2017-08-09₹1.00quarterly2017-09-18
2017-03-21₹1.00quarterly2017-04-09

Steel City Securities Dividend per year

Steel City Securities Dividend growth

Steel City Securities Dividend Yield

Steel City Securities current trailing twelve-month (TTM) dividend yield is 3.43%. Interested in purchasing Steel City Securities stock? Use our calculator to estimate your expected dividend yield:

Steel City Securities Financial Ratios

P/E ratio9.48
PEG ratio1.27
P/B ratio1.12
ROE12.60%
Payout ratio0.00%
Current ratio2.01
Quick ratio2.01
Cash Ratio0.75

Steel City Securities Dividend FAQ

How much is the next Steel City Securities dividend?
Steel City Securities's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Steel City Securities dividend. The next Steel City Securities dividend will be released in February, July, or September.
When is Steel City Securities dividend paid?
Steel City Securities pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, July, and September. 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 Steel City Securities pay?
The specific amount of Steel City Securities 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 Steel City Securities's dividend history.
Does Steel City Securities stock pay dividends?
Yes, Steel City Securities 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 Steel City Securities's dividend history.
How much dividend does Steel City Securities pay?
Steel City Securities paid ₹3.0 in 2024, ₹3.0 in 2023, ₹3.0 in 2022, ₹3.0 in 2021, and ₹1.5 in 2020.
How often does Steel City Securities pay dividends?
Steel City Securities 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 February, July, and September.
What is Steel City Securities's dividend yield?
The current dividend yield for Steel City Securities is 3.43%. 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 Steel City Securities's exact dividend yield.
When does Steel City Securities go ex dividend?
Steel City Securities's ex-dividend date for the latest dividend was on 2024-09-20. Steel City Securities 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 Steel City Securities dividend paid?
Steel City Securities pays dividends on a quarterly basis, typically around February, July, or September, but the exact dates can vary each year.
Will Steel City Securities 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 Steel City Securities 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 Steel City Securities dividend per share?
Steel City Securities paid ₹3.0 per share in 2024 and ₹3.0 per share in 2023. The amount of dividend per share that Steel City Securities 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 Steel City Securities 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 Steel City Securities 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 Steel City Securities a dividend stock?
Yes, Steel City Securities is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Steel City Securities a good dividend stock?
Whether Steel City Securities is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Steel City Securities has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Steel City Securities 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 Steel City Securities pay dividends monthly?
Steel City Securities typically pays dividends on a quarterly basis.
Does Steel City Securities pay dividends quarterly?
Steel City Securities currently pays dividends on a quarterly basis.
Has Steel City Securities ever paid a dividend?
Yes, Steel City Securities has a history of paying dividends to its shareholders. Steel City Securities is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Steel City Securities dividend stocks?
To buy Steel City Securities 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 Steel City Securities 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 Steel City Securities pay dividends 2024?
Steel City Securities pays dividends on a quarterly basis. 2024 dividend payments are in 2024-10-28. 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 Steel City Securities increase its dividend in 2024?
Decisions regarding Steel City Securities 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 Steel City Securities dividend overview you can look into the above table of dividend history.
How Steel City Securities dividend works?
The Steel City Securities 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 Steel City Securities's dividend process works:

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

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

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