company-logo

Sunflag Iron and Steel Company Limited manufactures and sells steel rolled products in India. The company offers bearing, cold forging, engine valve, micro alloyed, forging, free and semi-free cutting, stainless, spring, and tool steels, as well as carbon, valve, alloy, cold heading, and high strength steel; and forging ingots and super alloys. It also provides round bars, round cornered squares in straight bars, round and hexagonal wire rods, and hexagonal and flat sections straight bars, as well as bright bars, such as peeled/drawn/ground bars. The company's products are used for the manufacture of automotive transmission gears, drive shafts, steering systems, bearings, exhaust systems, engine components, suspension systems, gear boxes, drive trains, and steering systems. It serves railways, ordnance factories, power sectors, and other general engineering areas. The company exports its products to South East Asia, North America and South America, East Africa, Europe, Japan, Taiwan, and China. Sunflag Iron and Steel Company Limited was incorporated in 1984 and is headquartered in Nagpur, India.

Sunflag Iron and Steel Dividend Announcement

Sunflag Iron and Steel announced a annually dividend of ₹0.50 per ordinary share which will be made payable on 2019-10-27. Ex dividend date: 2019-09-05
Sunflag Iron and Steel's trailing twelve-month (TTM) dividend yield is -%

Sunflag Iron and Steel Dividend History

Ex-Div dateDividend amountDividend typePay date
2019-09-05₹0.50annually2019-10-27
2018-09-06₹0.50annually2018-10-25
2011-08-30₹0.50annually2011-10-23
2010-09-02₹0.50annually2010-10-23
2009-09-03₹0.50annually2009-10-01
2008-09-04₹0.50annually2008-10-01
2007-09-06₹0.25annually2007-10-01
2006-09-14₹0.50annually2006-10-03

Sunflag Iron and Steel Dividend per year

Sunflag Iron and Steel Dividend growth

Sunflag Iron and Steel Dividend Yield

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

Sunflag Iron and Steel Financial Ratios

P/E ratio26.20
PEG ratio1.35
P/B ratio0.74
ROE3.24%
Payout ratio0.00%
Current ratio1.45
Quick ratio0.65
Cash Ratio0.24

Sunflag Iron and Steel Dividend FAQ

How much is the next Sunflag Iron and Steel dividend?
Sunflag Iron and 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 Sunflag Iron and Steel dividend. The next Sunflag Iron and Steel dividend will be released in September.
When is Sunflag Iron and Steel dividend paid?
Sunflag Iron and Steel 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 Sunflag Iron and Steel pay?
The specific amount of Sunflag Iron and 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 Sunflag Iron and Steel's dividend history.
Does Sunflag Iron and Steel stock pay dividends?
Yes, Sunflag Iron and 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 Sunflag Iron and Steel's dividend history.
How much dividend does Sunflag Iron and Steel pay?
Sunflag Iron and Steel paid ₹0.0 in 2024, ₹0.0 in 2023, ₹0.0 in 2022, ₹0.0 in 2021, and ₹0.0 in 2020.
How often does Sunflag Iron and Steel pay dividends?
Sunflag Iron and 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 September.
What is Sunflag Iron and Steel's dividend yield?
The current dividend yield for Sunflag Iron and Steel is -%. 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 Sunflag Iron and Steel's exact dividend yield.
When does Sunflag Iron and Steel go ex dividend?
Sunflag Iron and Steel's ex-dividend date for the latest dividend was on 2019-09-05. Sunflag Iron and 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 Sunflag Iron and Steel dividend paid?
Sunflag Iron and Steel pays dividends on a annually basis, typically around September, but the exact dates can vary each year.
Will Sunflag Iron and 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 Sunflag Iron and 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 Sunflag Iron and Steel dividend per share?
Sunflag Iron and Steel paid ₹0.0 per share in 2024 and ₹0.0 per share in 2023. The amount of dividend per share that Sunflag Iron and 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 Sunflag Iron and 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 Sunflag Iron and 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 Sunflag Iron and Steel a dividend stock?
Yes, Sunflag Iron and Steel is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Sunflag Iron and Steel a good dividend stock?
Whether Sunflag Iron and 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. Sunflag Iron and Steel has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Sunflag Iron and 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 Sunflag Iron and Steel pay dividends monthly?
Sunflag Iron and Steel typically pays dividends on a annually basis.
Does Sunflag Iron and Steel pay dividends quarterly?
Sunflag Iron and Steel currently pays dividends on a annually basis.
Has Sunflag Iron and Steel ever paid a dividend?
Yes, Sunflag Iron and Steel has a history of paying dividends to its shareholders. Sunflag Iron and Steel is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Sunflag Iron and Steel dividend stocks?
To buy Sunflag Iron and 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 Sunflag Iron and 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 Sunflag Iron and Steel pay dividends 2024?
Sunflag Iron and Steel pays dividends on a annually basis. 2024 dividend payments are in 2019-10-27. 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 Sunflag Iron and Steel increase its dividend in 2024?
Decisions regarding Sunflag Iron and 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 Sunflag Iron and Steel dividend overview you can look into the above table of dividend history.
How Sunflag Iron and Steel dividend works?
The Sunflag Iron and 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 Sunflag Iron and Steel's dividend process works:

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

1. Record Date: Sunflag Iron and 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, Sunflag Iron and 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: Sunflag Iron and 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 Sunflag Iron and Steel pay dividends?
Sunflag Iron and 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 Sunflag Iron and Steel pay dividends?
The general pattern is that Sunflag Iron and Steel 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 Sunflag Iron and Steel dividend safe?
The safety of Sunflag Iron and 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 Sunflag Iron and 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 Sunflag Iron and 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.