In this article we will provide the information related to the Tata Steel dividend history, shedding light on the frequency of dividend payouts to its shareholders.
Examining the dividend timeline from 2000 to 2023, we aim to provide a comprehensive overview of Tata Steel dividend history and its financial practices, company details, and key fundamentals.
UNDERSTANDING TATA STEEL DIVIDEND HISTORY
A Journey Through Dividend Payments
Let’s get on on a chronological journey through Tata Steel dividend history, spanning from 2000 to 2023:
| Year | Dividend Payment | Dividend Class |
| June 22, 2023 | 3.60 | FINAL |
| June 15, 2022 | 12.75 | FINAL |
| June 15, 2022 | 51.00 | FINAL |
| June 17, 2021 | 6.25 | FINAL |
| June 17, 2021 | 25.00 | FINAL |
| Aug. 6, 2020 | 2.50 | FINAL |
| Aug. 6, 2020 | 10.00 | FINAL |
| July 4, 2019 | 3.25 | FINAL |
| July 4, 2019 | 13.00 | FINAL |
| July 5, 2018 | 2.50 | FINAL |
| July 5, 2018 | 10.00 | FINAL |
| July 20, 2017 | 10.00 | FINAL |
| July 28, 2016 | 8.00 | FINAL |
| July 23, 2015 | 8.00 | FINAL |
| July 14, 2014 | 10.00 | FINAL |
| July 15, 2013 | 8.00 | FINAL |
| July 16, 2012 | 12.00 | FINAL |
| July 4, 2011 | 12.00 | FINAL |
| July 12, 2010 | 8.00 | FINAL |
| July 6, 2009 | 16.00 | FINAL |
| July 18, 2008 | 16.00 | FINAL |
| June 8, 2007 | 15.50 | FINAL |
| May 26, 2006 | 13.00 | FINAL |
| June 7, 2005 | 13.00 | FINAL |
| June 8, 2004 | 10.00 | FINAL |
| June 9, 2003 | 8.00 | FINAL |
| June 28, 2002 | 0.00 | FINAL |
| May 28, 2002 | 0.00 | INTERIM |
| May 24, 2001 | 0.00 | FINAL |
June 22, 2023: Dividend Payment of 3.60 Rupees (Final)
June 15, 2022: Dividend Payment of 12.75 Rupees (Final)
June 15, 2022: Dividend Payment of 51.00 Rupees (Final)
June 17, 2021: Dividend Payment of 6.25 Rupees (Final)
June 17, 2021: Dividend Payment of 25.00 Rupees (Final)
Tata Steel declared dividends multiple times each year, differentiating between “Final” and “Interim” dividends. Notably, after the year 2000, Tata Steel has generously provided dividends to shareholders on 29 occasions.
Recent Dividend Announcement
In the last 52 weeks, Tata Steel declared a dividend of 3.60 rupees per equity share. This recent payout is a testament to the company’s commitment to sharing profits with its shareholders.
Annual Tradition of Dividend Announcements
Tata Steel has maintained an annual tradition of announcing dividends since 2001, creating a reliable track record for shareholders. This consistent practice reflects the company’s stability and financial health.
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TATA STEEL SHARE PRICE HISTORY
ABOUT TATA STEEL
Overview of Tata Steel
Tata Steel stands as a multinational steelmaking giant headquartered in Mumbai, Maharashtra, India.
As a proud member of the Tata Group, one of India’s most extensive and enduring conglomerates, Tata Steel has established itself as a leading force in global steel production.
Key Fundamentals of Tata Steel
Historical Roots
Founded in 1907 by Indian industrialist Jamsetji Tata, Tata Steel holds the distinction of being Asia’s first integrated private sector steel company.
Global Operations
Tata Steel operates in various countries, including India, the United Kingdom, the Netherlands, Singapore, Thailand, and Australia, demonstrating its international reach.
Product Range
The company produces an extensive array of steel and steel related products, encompassing hot rolled and cold rolled coils, wire rods, rebars, plates, bearings, pipes, tubes, and more.
Sustainability and Social Responsibility
Tata Steel places a strong emphasis on sustainability and corporate social responsibility, aligning its operations with ethical and environmentally conscious practices.
Innovations
The company continually invests in developing new technologies to enhance the efficiency, quality, and sustainability of its products and processes.
Strategic Expansions
Tata Steel has executed several strategic acquisitions and mergers to broaden its global footprint and strengthen its position in the steel industry.
QUESTION AND ANSWER: TATA STEEL DIVIDEND HISTORY
Will Tata Steel Give Dividends in 2023?
Yes, in 2023, Tata Steel declared a dividend on June 22 at a rate of 3.60 rupees per share, continuing its tradition of sharing profits with shareholders.
Video Credit: Apna Market News
CONCLUSION ON TATA STEEL DIVIDEND HISTORY
In unravelling Tata Steel dividend history, we witness a financial journey marked by consistency and shareholder commitment.
The company’s strategic approach to dividends, combined with its robust global presence and commitment to sustainability, positions Tata Steel as a formidable force in the steel industry.