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Welcast Steels Ltd. manufactures and markets chrome grinding media balls. Its products are used in cement, mining industries and thermal power plants. The company was founded on February 28, 1972 and is headquartered in Ahmedabad, India.

Welcast Steels Dividend Announcement

Welcast Steels announced a annually dividend of ₹2.50 per ordinary share which will be made payable on 2024-10-01. Ex dividend date: 2024-08-26
Welcast Steels annual dividend for 2024 was ₹2.50
Welcast Steels annual dividend for 2023 was ₹2.50
Welcast Steels's trailing twelve-month (TTM) dividend yield is 0.18%

Welcast Steels Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-08-26₹2.50annually2024-10-01
2023-09-05₹2.50annually2023-10-11
2019-07-31₹2.50annually2019-09-05
2018-08-01₹2.00annually2018-09-07
2017-08-04₹2.00annually2017-09-12
2015-09-10₹2.00annually
2014-09-01₹5.00annually
2013-08-01₹5.00annually
2012-07-03₹4.00annually
2011-07-18₹2.00annually
2010-07-09₹2.00annually
2009-07-13₹2.00annually

Welcast Steels Dividend per year

Welcast Steels Dividend growth

Welcast Steels Dividend Yield

Welcast Steels current trailing twelve-month (TTM) dividend yield is 0.18%. Interested in purchasing Welcast Steels stock? Use our calculator to estimate your expected dividend yield:

Welcast Steels Financial Ratios

P/E ratio44.79
PEG ratio11.99
P/B ratio2.19
ROE6.57%
Payout ratio0.00%
Current ratio4.23
Quick ratio2.64
Cash Ratio0.04

Welcast Steels Dividend FAQ

How much is the next Welcast Steels dividend?
Welcast 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 Welcast Steels dividend. The next Welcast Steels dividend will be released in September.
When is Welcast Steels dividend paid?
Welcast Steels 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 Welcast Steels pay?
The specific amount of Welcast 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 Welcast Steels's dividend history.
Does Welcast Steels stock pay dividends?
Yes, Welcast 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 Welcast Steels's dividend history.
How much dividend does Welcast Steels pay?
Welcast Steels paid ₹2.5 in 2024, ₹2.5 in 2023, ₹0.0 in 2022, ₹0.0 in 2021, and ₹0.0 in 2020.
How often does Welcast Steels pay dividends?
Welcast 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 September.
What is Welcast Steels's dividend yield?
The current dividend yield for Welcast Steels is 0.18%. 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 Welcast Steels's exact dividend yield.
When does Welcast Steels go ex dividend?
Welcast Steels's ex-dividend date for the latest dividend was on 2024-08-26. Welcast 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 Welcast Steels dividend paid?
Welcast Steels pays dividends on a annually basis, typically around September, but the exact dates can vary each year.
Will Welcast 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 Welcast 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 Welcast Steels dividend per share?
Welcast Steels paid ₹2.5 per share in 2024 and ₹2.5 per share in 2023. The amount of dividend per share that Welcast 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 Welcast 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 Welcast 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 Welcast Steels a dividend stock?
Yes, Welcast Steels is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Welcast Steels a good dividend stock?
Whether Welcast 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. Welcast Steels has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Welcast 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 Welcast Steels pay dividends monthly?
Welcast Steels typically pays dividends on a annually basis.
Does Welcast Steels pay dividends quarterly?
Welcast Steels currently pays dividends on a annually basis.
Has Welcast Steels ever paid a dividend?
Yes, Welcast Steels has a history of paying dividends to its shareholders. Welcast Steels is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Welcast Steels dividend stocks?
To buy Welcast 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 Welcast 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 Welcast Steels pay dividends 2024?
Welcast Steels pays dividends on a annually basis. 2024 dividend payments are in 2024-10-01. 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 Welcast Steels increase its dividend in 2024?
Decisions regarding Welcast 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 Welcast Steels dividend overview you can look into the above table of dividend history.
How Welcast Steels dividend works?
The Welcast 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 Welcast Steels's dividend process works:

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

1. Record Date: Welcast 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, Welcast 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: Welcast 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 Welcast Steels pay dividends?
Welcast 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 Welcast Steels pay dividends?
The general pattern is that Welcast Steels 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 Welcast Steels dividend safe?
The safety of Welcast 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 Welcast 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 Welcast 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.