Steel Authority of India (SAIL) Ltd. Announced Dividend For 2018-2019 | Dividend History & Payment Date

Steel Authority of India (SAIL) Ltd. Announced Dividend

In the 47th annual general meeting of Steel Authority of India Limited (SAIL), SAIL Chairman Anil Kumar Chaudhary told the shareholders that the financial year 2018-19 was very good for the company. He said, “SAIL has earned a net profit of Rs 2179 crore in the financial year 2018-19. The company had a loss of Rs 482 crore in the last financial year 2017-18. The company has also announced a 5% dividend for its shareholders for 2018-19.



The company gained a total of 2349 crores 

SAIL has registered a profit of Rs 2349 crore (after tax) in the FY 2018-19. EBITDA of Rs 10,283 crore has been recorded by the company in the year 2018-19, which is almost double of Rs 5,184 crore in the financial year 2017-18.

Continuously increasing production SAIL has said that production of hot metal, crude steel and celebrity steel will increase during the second half of 2018-19. In the second half of FY 2018-19, Hot Metal, Crude Steel and Celeble Steel grew by 12%, 13% and 10% respectively as compared to the first half. During this period, long rail production increased by 28% in the second half as compared to the first half. There was an increase of 35 in the production of UTS-90 rail. 

Many products are being made under Make in India 

“SAIL has supplied steel for every major national infrastructure project in the country including defense, railways, infrastructure, space, power, manufacturing and many more.The company commissioned the Steel for Bogibeel Bridge (India's longest rail-road bridge), Kishanganga and Tuirial Hydro Projects, Eastern and Western Peripheral Expressway projects including the Statue of Unity (world's tallest statue) during FY 2018-19. Is supplied The company is making many products under Make in India.

SAIL Dividend History 


Year/Month Effective Date Dividend Date Dividend (%) (%) Remarks
May 30, 2019 Aug 22, 2019 Final 5 Rs.0.5000 per share(5%)Final Dividend
May 29, 2015 Aug 11, 2015 Final 2.5 Rs.0.2500 per share(2.5%)Final Dividend
Feb 02, 2015 Feb 18, 2015 Interim 17.5 Rs.1.7500 per share(17.5%)Interim Dividend RD date has been Revised from 19/02/2015
Feb 04, 2014 Feb 18, 2014 Interim 20.2 Rs.2.0200 per share(20.2%)Interim Dividend
May 30, 2013 Aug 02, 2013 Final 4 Rs.0.4000 per share(4%)Final Dividend
Jan 28, 2013 Feb 15, 2013 Interim 16 Rs.1.6000 per share(16%)Interim Dividend
May 29, 2012 Aug 09, 2012 Final 8 Rs.0.80 per share(8%)Final Dividend
Jan 23, 2012 Feb 15, 2012 Interim 12
Jun 24, 2011 Aug 10, 2011 Final 12
Dec 28, 2010 Jan 18, 2011 Interim 12
May 28, 2010 Jul 29, 2010 Final 17
Jan 12, 2010 Feb 01, 2010 Interim 16
May 28, 2009 Jul 30, 2009 Final 13
Jan 14, 2009 Jan 30, 2009 Interim 13
May 16, 2008 Jul 31, 2008 Final 18 AGM
Jan 03, 2008 Feb 01, 2008 Interim 19
May 21, 2007 Aug 08, 2007 Final 15
Jan 16, 2007 Feb 01, 2007 Interim 16
May 25, 2006 Aug 10, 2006 Final 7.5 AGM
Jan 10, 2006 Feb 01, 2006 Interim 12.5
May 26, 2005 Aug 11, 2005 Final 18 AGM
Jan 10, 2005 Jan 31, 2005 Interim 15
Jul 11, 1997 Final 2.5

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