Sail dividend 2022

Synopsis The shares of SAIL will go ex-dividend a day or two days before the record date. When a company goes ex-dividend on a particular date, its stock does not carry the value of the next dividend payment. An ex-dividend date also dictates which shareholders are eligible to receive the dividend payment The company has reported around 65% fall in its consolidated net profit at Rs 542 crore in the December quarter, on account of higher expenses. Its total expenses soared to Rs 24,825.11 crore, compared to Rs 23,209.88 crore a year ago. However, total income also fell to Rs 25,140 crore from Rs 25,398 crore in the year-ago quarter. SAIL is one of the largest steel-making companies in India. The company produces iron and steel at 5 integrated plants and 3 special steel plants, located principally in the eastern and central regions of India and situated close to domestic sources of raw materials. Don’t miss out on ET Prime stories! Get your daily dose of business updates on WhatsApp.

Dividends Declared Announcement Date Effective Date Dividend Type Dividend(%) Remarks 25/05/2023 Final 7% Rs.0.7000 per share(7%)Final Dividend 31/10/2022 17/11/2022 Interim 8% Rs.0.8000 per share(8%)Interim Dividend (RD Revised) 20/05/2022 15/09/2022 Final 6% Rs.0.6300 per share(6.3%)Final Dividend 20/10/2021 10/11/2021 Interim 8% Rs.0.7700 per share(7.7%)Interim Dividend 09/02/2021 17/02/2021 Interim 10% Rs.1.0500 per share(10.5%)Interim Dividend

Steel Authority of India (SAIL) on Wednesday declared second interim dividend for the financial year 2021-2022. The country's largest steel maker said that its board has approved the payment of the dividend Rs 2.50 per equity share (25% on the paid up equity share capital of the company). The record date for the purpose of payment of second interim dividend is 29 March, 2022, it added. Shares of SAIL on Wednesday closed 2.42 per cent higher at Rs 97.20 apiece on BSE. SAIL is one of the largest steel-making companies in India and one of the Maharatnas of the country's Central Public Sector Enterprises. It produces iron and steel at five integrated plants and three special steel plants, located principally in the eastern and central regions of India and situated close to domestic sources of raw materials.

SAIL Q3 Results Preview: PSU steel giant's net profit likely to fall 78% on lower realisations, margin may shrink by 600 bps Steel Authority of India (SAIL) is likely to report a 78.3 per cent year-on-year fall in net profit to Rs 313 crore for the quarter ended December 2022 owing to lower realisations. The state-run steelmaker will report its financial results for the three-month period on Monday, February 13. • • • • • Steel Authority of India (SAIL) is likely to report a net profit of Rs 313 crore for the quarter ended December 2022, marking a fall of 78.3 per cent compared with the corresponding period a year ago owing to lower realisations. The state-run steelmaker will report its financial results for the three-month period on Monday, February 13. The analysts peg SAIL's margin — a key measure of profitability for businesses — to contract by 600 basis points on a year-on-year basis to eight per cent. SAIL's EBITDA per tonne is estimated at Rs 4,625 per tonne for the three-month period, according to Zee Business research. It is expected to report Rs 1,943 crore in earnings before interest, taxes, depreciation and ammortisation (EBITDA), a fall of 43 per cent compared with the year-ago period. Investors will track the SAIL management's commentary on the final quarter of the current financial year closely. Steel Authority of India shares gained 7.6 per cent in value in the quarter ended December 2022, outperforming a 5.9 per cent return each of headline indices Sensex ...