JSW Steel Dividend yield

JSW Steel is part of Industrial Metals and Mining business, which is part of Basic Materials industry. JSW Steel is a company from India, and his stocks are publicly traded.

JSW Steel stock dividend

JSW Steel paid a total dividend of 8,321 million INR last year, for a market value of 1,891,431 millions (Market Cap 782,866 millions). JSW Steel dividend per share is 3.43 INR, and his stock market price 779.65 INR.

According to the chart below, where dividend yield is displayed, JSW Steel has a dividend yield of 0.44%, lower than the amount offered by both the market average and companies from India. It is also lower than average of Basic Materials industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare JSW Steel stocks dividend with other Industrial Metals and Mining companies or other of the high India dividend stocks list.

JSW Steel Dividend Payout

About the ability of JSW Steel to maintain his current dividend of INR 3.43 per share, an amount that accounts for 0.44%, we should study its payout ratio both on earnings and on cash-flows (see chart below). JSW Steel payout on ernings is currently 19.31%, which is lower than the market average and companies of Basic Materials industry, which are 39.34% and 38.07% respectively. Both figures lead us to believe that there is confidence that JSW Steelcan maintain his current dividend.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of JSW Steel is INR 70.24 per share, which is higher than the dividend per share paid by the company of INR 3.43, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of JSW Steel, compared againt world market average, India companies, Basic Materials industry and Industrial Metals and Mining sector companies.

JSW Steel Dividend History

Below you will find a table with the historical evolution of JSW Steel's dividend stock, both in percentage and in INR, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year	Yield	INR	Paypout	Shares*
Present	0.44%	3.43	19.31%	2,426
2022	2.26%	17.36	20.12%	2,410
2021	0.99%	6.49	19.39%	2,406
2020	0.52%	2.01	27.61%	2,402
2019	1.52%	4.10	12.91%	2,402
2018	1.04%	3.19	12.37%	2,417
2017	0.83%	2.24	15.02%	2,417
2016	0.43%	7.43	-23.89%	242
2015	1.22%	11.01	14.89%	242

*In millions

Then you can see the evolution of JSW Steel dividend stock, and compare it with the average of India stocks and that of the Industrial Metals and Mining stocks.

JSW Steel Stock performance

Finally, last moth JSW Steel showed a return of -4.50% compared to a worldwide -2.49% average, and a -3.66% of Basic Materials firms. Over the last year, the company obtained a 16.90% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for India and Industrial Metals and Mining firms.