Tata Steel Limited manufactures and distributes steel products in India and internationally. It operates in Tata Steel India, Tata Steel Long Products, Other Indian Operations, Tata Steel Europe, Other Trade Related Operations, South-East Asian operations, and Rest of the World segments. The company offers hot-rolled (HR) and cold-rolled (CR) coated steel coils and sheets, precision tubes, tire bead wires, spring wires, and bearings, as well as auto ancillaries for the automotive market; and galvanized iron wires, agriculture and garden tools, and conveyance tubes, as well as fencing, farming, and irrigation equipment for the agriculture market. It also provides rebars, steel doors and windows, roofing sheets, plumbing pipes, tubes, prefabricated houses, water kiosks, modular toilets, office cabins, rooftop houses, EV charging stations, rebars and corrosion-resistance steels, cut and bend bars, PC strands, and ground granulated blast furnace slags for individual house builders, corporate and government bodies, infrastructure companies, and housing and commercial customers in the construction market. In addition, the company offers CR, coated, HR, tube, wire rod, ferro chrome and manganese, boiler tube, pipes, ferroshot, blast furnace slag, coal tar, and metallic coated coil and sheet products for use in panels and appliances, fabrication and capital goods, furniture, Liquid Petroleum Gas cylinders, solar, heavy vehicles, consumer and industrial packaging, and welding applications, as well as the process industries, such as cement, power, and steel in the industrial and general engineering markets. The company was incorporated in 1907 and is based in Mumbai, India.
Tata Steel Dividend Announcement
• Tata Steel announced a annually dividend of $0.43 per ordinary share which will be made payable on 2024-08-30. Ex dividend date: 2024-06-20
• Tata Steel annual dividend for 2024 was $0.43
• Tata Steel annual dividend for 2023 was $0.44
• Tata Steel's trailing twelve-month (TTM) dividend yield is 0.03%
• Tata Steel's dividend growth over the last five years (2018-2023) was -5.96% year
• Tata Steel's dividend growth over the last ten years (2013-2023) was 13.39% year
Tata Steel Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-06-20 | $0.43 | annually | 2024-08-30 |
| 2023-06-21 | $0.44 | annually | 2023-07-31 |
| 2022-06-15 | $0.66 | annually | 2022-07-13 |
| 2021-06-16 | $0.33 | annually | 2021-07-14 |
| 2020-08-05 | $0.13 | annually | 2020-09-02 |
| 2019-07-02 | $0.19 | annually | 2019-07-30 |
| 2018-07-04 | $0.14 | annually | 2018-07-31 |
| 2018-02-22 | $0.45 | annually | |
| 2017-07-19 | $0.14 | annually | 2017-08-17 |
| 2016-07-27 | $0.12 | annually | |
| 2015-07-22 | $0.12 | annually | |
| 2014-07-10 | $0.16 | annually | |
| 2013-07-11 | $0.12 | annually |
Tata Steel Dividend per year
Tata Steel Dividend growth
Tata Steel Dividend Yield
Tata Steel current trailing twelve-month (TTM) dividend yield is 0.03%. Interested in purchasing Tata Steel stock? Use our calculator to estimate your expected dividend yield:
Tata Steel Financial Ratios
P/E ratio-47.05
PEG ratio-0.00
P/B ratio2.10
ROE-4.54%
Payout ratio0.00%
Current ratio0.72
Quick ratio0.22
Cash Ratio0.07
Tata Steel Dividend FAQ
How much is the next Tata Steel dividend?
Tata 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 Tata Steel dividend. The next Tata Steel dividend will be released in June.
When is Tata Steel dividend paid?
Tata Steel pays dividends on a annually basis. The specific dates may vary each year but are generally around June. 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 Tata Steel pay?
The specific amount of Tata 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 Tata Steel's dividend history.
Does Tata Steel stock pay dividends?
Yes, Tata 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 Tata Steel's dividend history.
How much dividend does Tata Steel pay?
Tata Steel paid $0.429 in 2024, $0.439 in 2023, $0.658 in 2022, $0.335 in 2021, and $0.134 in 2020.
How often does Tata Steel pay dividends?
Tata 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 June.
What is Tata Steel's dividend yield?
The current dividend yield for Tata Steel is 0.03%. 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 Tata Steel's exact dividend yield.
When does Tata Steel go ex dividend?
Tata Steel's ex-dividend date for the latest dividend was on 2024-06-20. Tata 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 Tata Steel dividend paid?
Tata Steel pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Tata 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 Tata 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 Tata Steel dividend per share?
Tata Steel paid $0.429 per share in 2024 and $0.439 per share in 2023. The amount of dividend per share that Tata 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 Tata 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 Tata 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 Tata Steel a dividend stock?
Yes, Tata Steel is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Tata Steel a good dividend stock?
Whether Tata 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. Tata Steel has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Tata 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.
Other factors to consider when evaluating Tata 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 Tata Steel pay dividends monthly?
Tata Steel typically pays dividends on a annually basis.
Does Tata Steel pay dividends quarterly?
Tata Steel currently pays dividends on a annually basis.
Has Tata Steel ever paid a dividend?
Yes, Tata Steel has a history of paying dividends to its shareholders. Tata Steel is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Tata Steel dividend stocks?
To buy Tata 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 Tata 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.
Place an order: Use the brokerage's trading platform to place an order to buy Tata 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 Tata Steel pay dividends 2024?
Tata Steel pays dividends on a annually basis. 2024 dividend payments are in 2024-08-30. 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 Tata Steel increase its dividend in 2024?
Decisions regarding Tata 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 Tata Steel dividend overview you can look into the above table of dividend history.
How Tata Steel dividend works?
The Tata 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 Tata Steel's dividend process works:
1. Determination of Dividend: Tata 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, Tata 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, Tata 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 Tata 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.
1. Determination of Dividend: Tata 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, Tata 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, Tata 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 Tata 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 Tata Steel dividends paid?
Tata Steel dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Tata 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, Tata 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: Tata 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.
1. Record Date: Tata 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, Tata 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: Tata 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 Tata Steel pay dividends?
Tata 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 Tata Steel pay dividends?
The general pattern is that Tata Steel pays dividends around June. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Tata Steel dividend safe?
The safety of Tata 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 Tata 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 Tata 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.
To assess the safety of Tata 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 Tata 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.