(Image: istock/ET Now News)Tata Group stock, 10:1 SPLIT, 360% DIVIDEND - Shares of one of the world's most geographically diversified steel producers, Tata Steel, have defied the market trends and posted a remarkable surge over the last one month.
Tata Steel DividendAt the current market price, Tata Steel has a dividend yield of 2.22 per cent on each stock.
As per BSE data, Tata Steel paid a dividend of Rs 3.60 on each stock to its investors in 2023.
Tata Steel Stock SplitEarlier in 2022, Tata Steel had announced the subdivision of its stocks with a ratio of 10:1 (ten for one).
Tata Steel shares have delivered a solid return of 82.75 per cent in the last three years.
Authored by : ET Now Digital Updated Apr 20, 2024 | 04:58 PM IST At the current market price, Tata Steel has a dividend yield of 2.22 per cent on each stock. (Image: istock/ET Now News)
Tata Group stock, 10:1 SPLIT, 360% DIVIDEND - Shares of one of the world's most geographically diversified steel producers, Tata Steel, have defied the market trends and posted a remarkable surge over the last one month. Tata Group's steel-making company is listed on NSE and BSE for trade. Beating Sensex, Tata Steel's stock has rallied over 9 per cent in the last one month, while the former posted a surge of 1.49 per cent, as shown by BSE analytics. Its shares currently trade under Rs 200 on the BSE.
Tata Steel stock ended the week's trading session with gains at Rs 162.10, up 1.31 per cent from its previous close of Rs 160 on the BSE.
Tata Steel Dividend
At the current market price, Tata Steel has a dividend yield of 2.22 per cent on each stock. As per BSE data, Tata Steel paid a dividend of Rs 3.60 on each stock to its investors in 2023. In 2022, the company had rewarded its investors by paying Rs 51 as dividend on each stock. In 2021, Tata Steel had distributed a dividend of Rs 25 on each stock.
Tata Steel Stock Split
Earlier in 2022, Tata Steel had announced the subdivision of its stocks with a ratio of 10:1 (ten for one).
Tata Steel Share Price History
Tata Steel is a constituent of S&P BSE Sensex. Shares of Tata Steel have delivered a positive return of 20.79 per cent in the last three months and 28.75 per cent in six months. In one year, the stock has sprinted 49.88 per cent. Tata Steel shares have delivered a solid return of 82.75 per cent in the last three years. The stock has emerged as a multibagger in 5 years, zooming a whopping 198.58 per cent.
Tata Steel shares have a 52-week range of Rs 169.75 - Rs 104.10 on the BSE. The steel maker company boasts a market cap of Rs 2,02,356.61 crore as of April 20, according to the BSE website.
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(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)
