Tata Stocks

Tata Steel is one of the world's most geographically diversified steel producers. Its is listed on NSE and BSE for trade. Tata Steel stock currently trade under Rs 200. Besides, it also has a good dividend yield of more than 2 per cent!!!!

In the fourth quarter (Q4FY24), Tata Steel's crude steel production was broadly stable and stood at around 5.38 million tons. Despite that, deliveries grew expansively by 11 per cent QoQ and an additional 5 per cent YoY to 5.41 million tons and were indeed the utmost quarterly deliveries ever!

Nevertheless, on Friday, Tata Steel shares closed at Rs 163.35 apiece on BSE, which signifies a noteworthy outcome for the company in the current market scenario!

Tata Steel Dividend, Stock Split History

Tata Steel has a dividend yield of 2.20 per cent on each stock. In 2023, Tata Steel paid a dividend of Rs 3.60 on each stock to its loyal investors for supporting them, which was indeed a considerable amount. In 2022, the company had generously rewarded its investors by paying Rs 51 as dividend on each stock, a remarkable gesture. The firm had generously paid dividends just ahead of the stock split, which was done in a ratio of 10:1 (ten for one), showcasing their commitment to shareholder value.

In 2021, Tata Steel had distributed a dividend of Rs 25 on each stock, showing their dedication to their stakeholders. In 2020 and 2019, the large-cap company had paid Rs 10 and Rs 13, respectively, as dividends, thus demonstrating their consistent approach towards investor relations and value creation.

Tata Steel Share Price History

Tata Steel is a constituent of S&P BSE SENSEX. It's shares has delivered a positive return of 30 per cent in six months. In a one year, the stock has rallied 56 per cent. Tata Steel shares have delivered a solid returns of 88 per cent in a the last three years! The stock has turns out to be multibagger in 5 years, zooming a whopping 197 per cent.

(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. FINOSTRY suggests its readers/audience to consult their financial advisors before making any money related decisions.)