Steel City Securities (NSE:STEELCITY) Dividend Payout Ratio : 0.53 (As of Dec. 2023)

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What is Steel City Securities Dividend Payout Ratio?

Steel City Securities's dividend payout ratio for the months ended in Dec. 2023 was 0.53.

The historical rank and industry rank for Steel City Securities's Dividend Payout Ratio or its related term are showing as below:

NSE:STEELCITY' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.25 Med: 0.4 Max: 0.46
Current: 0.46

During the past 12 years, the highest Dividend Payout Ratio of Steel City Securities was 0.46. The lowest was 0.25. And the median was 0.40.

NSE:STEELCITY's Dividend Payout Ratio is ranked worse than
56.47% of 317 companies
in the Capital Markets industry
Industry Median: 0.39 vs NSE:STEELCITY: 0.46

As of today (2024-06-07), the Dividend Yield % of Steel City Securities is 2.37%.

During the past 12 years, the highest Trailing Annual Dividend Yield of Steel City Securities was 13.93%. The lowest was 0.72%. And the median was 4.61%.

Steel City Securities's Dividends per Share for the months ended in Dec. 2023 was ₹1.00.

During the past 3 years, the average Dividends Per Share Growth Rate was 14.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 1.60% per year.

During the past 12 years, the highest 3-Year average Dividends Per Share Growth Rate of Steel City Securities was 26.00% per year. The lowest was -12.60% per year. And the median was 10.40% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Steel City Securities Dividend Payout Ratio Historical Data

The historical data trend for Steel City Securities's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Steel City Securities Dividend Payout Ratio Chart

Steel City Securities Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Dividend Payout Ratio

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0.41

0.42

0.28

0.32

0.40

Steel City Securities Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															0.48	0.72	-	0.57	0.53

Competitive Comparison of Steel City Securities's Dividend Payout Ratio

For the Capital Markets subindustry, Steel City Securities's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Steel City Securities's Dividend Payout Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Steel City Securities's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Steel City Securities's Dividend Payout Ratio falls into.

Steel City Securities Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Steel City Securities's Dividend Payout Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Mar. 2023 )	/	EPS without NRI (A: Mar. 2023 )
	=	3	/	7.434
	=	0.40

Steel City Securities's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	1	/	1.876
	=	0.53

Steel City Securities (NSE:STEELCITY) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Steel City Securities Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Steel City Securities's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Steel City Securities (NSE:STEELCITY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Steel City Securities Ltd (NSE:STEELCITY) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

50-81-18, Seethammapeta Main Raod, Steel City Heights, Visakhapatnam, AP, IND, 530016

Website

https://www.steelcitynettrade.com

Steel City Securities Ltd is engaged in the business of retail broking (securities and commodity broking), DP Services, E-Governance, Services of EA of UIDAI, Corporate insurance agents, and marketing support services. The operating segment of the company is Stock and Commodity Broking and DP Operations and E-Governance Operations. It generates maximum revenue from the Stockbroking and DP Operations.

Steel City Securities (NSE:STEELCITY) Headlines

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