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Sterling Tools Limited manufactures and markets high tensile cold forged fasteners to original equipment manufacturers in India. The company offers standard, special, chassis, and engine fasteners for use in passenger vehicles, commercial vehicles, two wheelers, farm and construction equipment, and off-roadways. It also engages in leasing of immovable property; and manufacture and trading of motor control unit used in automobile industry. The company exports its products to Europe, the United States, South America, and the Middle East. Sterling Tools Limited was incorporated in 1979 and is based in Faridabad, India.

Sterling Tools Dividend Announcement

Sterling Tools announced a annually dividend of ₹2.00 per ordinary share which will be made payable on 2024-10-13. Ex dividend date: 2024-09-06
Sterling Tools annual dividend for 2024 was ₹2.00
Sterling Tools annual dividend for 2023 was ₹2.00
Sterling Tools's trailing twelve-month (TTM) dividend yield is 0.33%

Sterling Tools Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-06₹2.00annually2024-10-13
2023-09-11₹2.00annually2023-10-18
2022-09-14₹1.00annually2022-10-22
2021-09-13₹1.00annually2021-10-21
2019-08-08₹2.00annually2019-08-31
2018-08-20₹2.00annually2018-08-31
2018-02-20₹1.00annually2018-02-28
2017-09-13₹1.00annually2017-09-20
2017-02-16₹1.00annually2017-02-25
2016-08-12₹5.00annually2016-08-20
2016-03-21₹5.00annually2016-03-30
2016-02-15₹5.00annually2016-02-20
2015-08-07₹5.00annually2015-08-20
2014-08-13₹5.00annually2014-08-23
2014-01-27₹5.00annually2014-02-01
2013-02-21₹5.00annually2013-02-27
2012-06-28₹5.00annually2012-08-05

Sterling Tools Dividend per year

Sterling Tools Dividend growth

Sterling Tools Dividend Yield

Sterling Tools current trailing twelve-month (TTM) dividend yield is 0.33%. Interested in purchasing Sterling Tools stock? Use our calculator to estimate your expected dividend yield:

Sterling Tools Financial Ratios

P/E ratio33.27
PEG ratio8.01
P/B ratio4.56
ROE14.66%
Payout ratio0.00%
Current ratio2.13
Quick ratio1.38
Cash Ratio0.06

Sterling Tools Dividend FAQ

How much is the next Sterling Tools dividend?
Sterling Tools's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Sterling Tools dividend. The next Sterling Tools dividend will be released in September.
When is Sterling Tools dividend paid?
Sterling Tools pays dividends on a annually basis. The specific dates may vary each year but are generally around 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 Sterling Tools pay?
The specific amount of Sterling Tools 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 Sterling Tools's dividend history.
Does Sterling Tools stock pay dividends?
Yes, Sterling Tools 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 Sterling Tools's dividend history.
How much dividend does Sterling Tools pay?
Sterling Tools paid ₹2 in 2024, ₹2 in 2023, ₹1 in 2022, ₹1 in 2021, and ₹0 in 2020.
How often does Sterling Tools pay dividends?
Sterling Tools 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 September.
What is Sterling Tools's dividend yield?
The current dividend yield for Sterling Tools is 0.33%. 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 Sterling Tools's exact dividend yield.
When does Sterling Tools go ex dividend?
Sterling Tools's ex-dividend date for the latest dividend was on 2024-09-06. Sterling Tools 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 Sterling Tools dividend paid?
Sterling Tools pays dividends on a annually basis, typically around September, but the exact dates can vary each year.
Will Sterling Tools 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 Sterling Tools 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 Sterling Tools dividend per share?
Sterling Tools paid ₹2 per share in 2024 and ₹2 per share in 2023. The amount of dividend per share that Sterling Tools 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 Sterling Tools 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 Sterling Tools 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 Sterling Tools a dividend stock?
Yes, Sterling Tools is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Sterling Tools a good dividend stock?
Whether Sterling Tools is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Sterling Tools has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Sterling Tools 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 Sterling Tools pay dividends monthly?
Sterling Tools typically pays dividends on a annually basis.
Does Sterling Tools pay dividends quarterly?
Sterling Tools currently pays dividends on a annually basis.
Has Sterling Tools ever paid a dividend?
Yes, Sterling Tools has a history of paying dividends to its shareholders. Sterling Tools is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Sterling Tools dividend stocks?
To buy Sterling Tools 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 Sterling Tools 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 Sterling Tools pay dividends 2024?
Sterling Tools pays dividends on a annually basis. 2024 dividend payments are in 2024-10-13. 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 Sterling Tools increase its dividend in 2024?
Decisions regarding Sterling Tools 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 Sterling Tools dividend overview you can look into the above table of dividend history.
How Sterling Tools dividend works?
The Sterling Tools 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 Sterling Tools's dividend process works:

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

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

3. Currency: Sterling Tools 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 Sterling Tools pay dividends?
Sterling Tools 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 Sterling Tools pay dividends?
The general pattern is that Sterling Tools pays dividends around 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 Sterling Tools dividend safe?
The safety of Sterling Tools'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 Sterling Tools'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 Sterling Tools'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.