Tata Steel Dividend Payment Date 2022, Record Date, Ex-Dividend Date: On Wednesday, Shares of Tata Steel turned into ex-dividend. On May 4, 2022, the company announced the dividend, and on June 16 the Board of directors of TATA company recorded the date for the final dividend payment of Rs 51 per share dividend. To know more read the given article below.
Tata Steel Dividend Payment Date 2022 – ₹51 a share
On May 4, 2022, the company announced the dividend Shares of Tata Steel, Tata Power Company, Tata Exlsi, Tata Chemicals, and Tinplate Company of India where they have turned ex-date of share for final dividends on Wednesday.
While the final dividend of ₹51 Tata Steel had been announced for a share, the Investors who buy these TATA companies’ shares from Thursday will not be eligible to receive the dividends. On Wednesday, Tata Steel Shares are going to turn into Ex-dividend stock.
- Tata Elxsi shares – ₹42.50 to its shareholders.
- Tata Steel shares – ₹51
- Tata Chemicals shares – ₹12.50 to its shareholders
- Tinplate Company shares – ₹4
- Tata Power shares – ₹1.75
Tata Steel Dividend Payment – Overview
| Title | Tata Steel Dividend Payment |
| dividend Shares of Tata Steel were announced on | 4 May 2022 |
| CEO | T. V. Narendran |
| Tata Steel Founded | 25 August 1907 |
| Stock price | TATA STEEL (NSE) ₹939.45 |
| Subsidiaries |
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| Dividend Payment |
|
| Industry | Steel and Iron |
| Official website | tatasteel.com |
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Reasons for investing in the Tata steel Ltd stock
- The company is bringing down debt considerable,
- Tata Company has generated free cash flow to the tune of Rs 27,185 crores and
- Tata steel company reduced its net debt as well.
- The company is expecting to have great cash generation on the back of rising steel prices.
- It implies that its debt reduction program is likely to continue.
Dividend-paying stock – Ex-Dividend Date
The BOD (Board of Directors) of Tata Steel shares the news with the shareholders that the shares are going to turn ex-dividend stock today on 16th June 2022 as the final dividend payment date. Tata Steel shares have been approved at ₹51 by the Board members for the financial year 2021-22. The ₹51 final dividends will be paid on and from 2nd July 2022.
- Stock price– TATA STEEL (NSE) ₹939.45, -51.60 (-5.38%)
- Headquarters– Mumbai
- Subsidiaries– Tata Elxsi shares, Tata Power shares, Tinplate Company shares, Tata Chemicals shares, Tata Steel shares
List of 5 things for Tata Steel shareholders
- Tata Steel’s final dividend is ₹51 and is decided by the Tata Steel Board Of Directors
- Tata Steel’s final dividend record date Tata Steel has fixed on 16th June 2022 for the final dividend payment.
- The dividend payment date is decided on and from 2nd July 2022 the final dividend of ₹51, will be paid
- Tata Steel at AGM (Annual General Meeting ) the shareholders and board of directors decided the final dividend of ₹51 is scheduled for 28th June 2022.
- Tata Steel’s stock price today is ₹997, -51.60 (-5.38%)
Tata Steel shares – ₹51
T. V. Narendran
Tata Steel has informed Indian exchanges that the final dividend of ₹51, if approved, will be paid on and from 2nd July 2022.
Tata Elxsi shares – ₹42.50 to its shareholders.
Tata Steel shares – ₹51
Tata Chemicals shares – ₹12.50 to its shareholders
Tinplate Company shares – ₹4
Tata Power shares – ₹1.75
The final dividend, if approved by the Members of the Company at the AGM, will be paid on and from Saturday, July 2, 2022.
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