SAIL share price: Dividend stock dips on record date. Buy, hold or exit? Steel Authority of India (SAIL) shares are one of those dividend stocks on Dalal Street that has fixed record date on 24th March 2023. However, a good number of SAIL shareholders decided to exit the PSU stock on record date for interim dividend of Re 1 per share fearing further dip in the state-owned metal stock.
- SAIL share price today downside and went on to hit intraday low of ₹ 82.70 apiece on NSE, logging over 3 per cent intraday loss in early morning deals.
- According to stock market experts, steel prices in the international market has peaked out and now market is expecting ease in margins of the PSU metal company.
They said that even during reopening theme, rising metal prices may not work as SAIL is expected to lose its export revenue it gained during Chinese lockdown. They said that SAIL shares are currently in range of ₹ 80 to ₹ 88 and bullish or bearish trend can be assumed on breakage of either side of the range.
Contents
When Sail will give dividend in 2023?
Steel Authority of India Ltd.
| Announcement Date | Ex-Date | Remarks |
|---|---|---|
| 10-03-2023 | 24-03-2023 | Rs.1.0000 per share(10%)Interim Dividend |
| 23-05-2022 | 28-07-2022 | Rs.2.25000 per share(22.50%)Final Dividend |
| 14-03-2022 | 28-03-2022 | Rs.2.5000 per share (25%) Second Interim Dividend |
| 22-10-2021 | 09-11-2021 | Rs.4.0000 per share(40%)Interim Dividend |
What is the proposed dividend of sail?
SAIL Dividend 2023 Announcement: Steel Authority of India has recommended 5 per cent dividend per share. SAIL dividend 2023 record date, payment date and SAIL dividend history check here.
What is the date of sail dividend?
SAIL Dividends
| Ex-Dividend Date | Dividend | Yield |
|---|---|---|
| Mar 24, 2023 | 1 | 3.79% |
| Jul 28, 2022 | 2.25 | 13.92% |
| Mar 28, 2022 | 2.5 | 8.05% |
| Nov 09, 2021 | 4 | 5.46% |
What is the price target of sail in 2023?
–
| When | Maximum Price | Minimum Price |
| July 2023 | ₹94.50 | ₹85.91 |
| August 2023 | ₹96.39 | ₹87.63 |
| September 2023 | ₹98.61 | ₹89.64 |
| October 2023 | ₹95.73 | ₹87.03 |
| November 2023 | ₹97.65 | ₹88.77 |
| December 2023 | ₹100.58 | ₹91.44 |
YTD, SAID is up by 1.35%. In the last 1 year, SAIL is up by 24.34% In July 2023, the expected maximum price is ₹94.50, while the minimum price is ₹85.91. Moving into August, the maximum price is predicted to rise slightly to ₹96.39, with a minimum price of ₹87.63. The trend continues in September, with a projected maximum price of ₹98.61 and a minimum price of ₹89.64.
2028 – In 2028, the company is expected to maintain its financial growth. Steel consumption is expected to increase for investment in infrastructure, urbanization and industrial development. In addition, advances in technology and potential expansion into international markets could create additional growth opportunities for SAIL.
1st Target: Rs 165.10 to Rs 180.20 2nd Target: RS 185.50 to Rs 220.10
Steel Authority of India has not announced any bonus so far.
What is the latest news on SAIL dividend?
SAIL Dividend 2023: State-owned SAIL announced a final dividend of Re 0.50 per share for FY23 to its shareholders. ‘Higher prices of coal and volatility of steel prices have impacted the margins of SAIL.
View 18 reports from 6 analysts offering long term price targets for Steel Authority of India (SAIL) Ltd Steel Authority of India (SAIL) Ltd. has an average target of 92.50. The consensus estimate represents a downside of -2.22% from the last price of 94.60.
Will Royal Caribbean pay dividends?
Royal Caribbean Cruises – 28 Year Dividend History | RCL Historical dividend payout and yield for Royal Caribbean Cruises (RCL) since 1995. The current TTM dividend payout for Royal Caribbean Cruises (RCL) as of July 31, 2023 is $0.00, The current dividend yield for Royal Caribbean Cruises as of July 31, 2023 is 0.00%,
| Sector | Industry | Market Cap | Revenue |
|---|---|---|---|
| $27.813B | $8.841B | ||
| Royal Caribbean Cruises is a cruise company. It owns and operates three global brands: Royal Caribbean International, Celebrity Cruises and Azamara Club Cruises. Additionally, it has investment in a joint venture with TUI AG, which operates the brand TUI Cruises and interest in the Spanish brand Pullmantur along with interest in the Chinese brand SkySea Cruises. The company’s cruise brands primarily serve the contemporary, premium and deluxe segments of the cruise vacation industry, which also includes the budget and luxury segments. |
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Royal Caribbean Cruises – 28 Year Dividend History | RCL
What are the 3 dividend dates?
3 Dates to Remember if You Want A Cash Dividend – ACap Advisors & Accountants We all have important dates to remember in our lives such as birthdays and anniversaries. When it comes to investing for dividends, there are three key dates that everyone should memorize.
- The three dates are the date of declaration, date of record, and date of payment.
- Most investors buy stocks only for their cash dividends, this is especially true now because interest rates are so low and investors are hungry for yield.
- However, the next time you decide to buy a stock for its dividend, keep the following three dates in mind to ensure you get the cash you deserve.
Date of Declaration The date of declaration is when the company’s board of directors announces their intention to pay a cash dividend. Once declared, the company incurs a liability on their books to reflect the proposed dividend to shareholders. At the same meeting, the board of directors also announces the date of record and date of payment.
Date of Record (and ex-dividend date) The date of record is how the company determines which shareholders are entitled to the dividend. A company maintains a record of all their shareholders, unless the shares are held in street-name. Street-name means you own your shares through a brokerage account. In such cases, the company pays the broker and the broker deposits the cash dividend in your account.
The ex-dividend date is two days before the date of record. Investors who own the stock before the ex-dividend date are entitled to the dividend whereas investors who buy the stock on or after the ex-dividend date will not receive the dividend. As a result, the value of the stock declines on the ex-dividend date because the stock trades without the right to the dividend and the value of the company decreases because the dividend no longer belongs to the company.
- Date of Payment This is the last date to remember for dividends because the date of payment is when you actually receives the cash dividend.
- Sometimes companies pay large special dividends (such as Microsoft in 2004) because they have excess cash on their books and they want to distribute it to shareholders.
You could potentially miss out on a cash dividend if you do not pay attention to the three key dates mentioned above. Most importantly, don’t buy a stock just for its dividend. Dividend paying companies are usually mature companies that can no longer reinvest their profits into the business to earn a sufficient return required by their shareholders.
- You should have a diversified portfolio that includes both dividend and growth oriented companies.
- Have a financial question? Contact ACap Asset Management at or 818-272-8511.
- Ara Oghoorian, CFA, CFP® is the president and founder of ACap Asset Management, Inc., a “Fee-Only” investment management firm headquarted in Los Angeles, CA specializing in helping doctors and healthcare professionals make sound financial decisions.
Visit us at : 3 Dates to Remember if You Want A Cash Dividend – ACap Advisors & Accountants
What are the four dividend dates?
Ex-Dividend Date and the Stock Price – Many investors want to buy their shares before the ex-dividend date to ensure that they are eligible to receive the upcoming dividend. However, if you find yourself buying shares and realizing that you missed the ex-dividend date, you may not have missed out as much as you thought.
- This is because share prices usually drop by the amount of the dividend on the ex-dividend date.
- This makes sense because the company’s assets will soon be declining by the amount of the dividend.
- Let’s say a company announces a dividend equivalent to 2% of its stock price; its stock may decline by 2% on the ex-dividend date.
Therefore, if you bought the shares on or shortly after the ex-dividend date, you may have obtained a “discount” of about 2% relative to the price you would have paid shortly before the ex-dividend date. In this way, you may not have been any worse off than the investors who purchased the stock before the ex-dividend date and received the dividend.
What is final dividend record date?
Key Takeaways –
The record date is the cut-off date used to determine which shareholders are entitled to a corporate dividend.The record date will usually be the day following the ex-dividend date, which is the trading date on (and after) which the dividend is not owed to a new buyer of the stock. To be eligible for the dividend, you must buy the stock at least two business days before the record date.
Is SAIL a good buy?
As on 28th Jul 2023 SAIL SHARE Price closed @ 92.70 and we RECOMMEND Strong Buy for LONG-TERM with Stoploss of 83.95 & Strong Buy for SHORT-TERM with Stoploss of 85.94 we also expect STOCK to react on Following IMPORTANT LEVELS.
Sail Share Price Target/prediction 2022,2023,2024,2025,2030 – If government comes with some improvement in tax rules regarding import and export. The company may shows a good breakout. And it’s share price mein further touch the 110 level. We already know that India is in the making phase.
- There are more possibility of infrastructure development in our country and metal sector will be directly involve in the growth story of India.
- This possibility will increase the profitability of the companies involve in producing metals or steel.
- If the profitability will increase it will further increase the share price of the company.
The company made us $150 level of its near term high in the year of 2024 to 2025. Since the company is paying its debt, it’s bottom line will improve and company will be able to show more profit. Because it need to pay less in interest expense. This will further improve the cash position of the company and might show healthy cash flow.
- Investor will be interested and the share price will move further.
- It may touch the 170 level in upcoming years of 2025.
- There is only uncertainty in the market is prediction of market.
- No one can predict even the next day share price of any stocks or index for a given day.
- But by looking on its financial statement we make conclude that in water range the price may trade.
But there may be some issues with companies in future and they won’t be as profitable as they are now. No one knows the future therefore if everything looks good the share price make touch the level of 250 in 2030. The world is very dynamic, And changing day by day.
- We will try our best to update you on yearly basis.
- If the circumstances of the company changes, we will try your best to inform the investor by our article or video.
- Conclusion- let’s come to the conclusion part, since it’s a government company then there is a very less chances of defaulting.
- Company shoes are strong balance sheet but having some issues like working capital and capital working progress.
And I think it’s a major issue to function day to day operations. We we have observe that in a spite of having a good revenue the company is earning power is very low. And therefore revenue to net profit is in very measurable condition. There are also problems with cash flow.
In spite of all these things company is available at fair valuation. The company is trading at only 0.59 times its book value. I think it’s a good bargain price. But according to my view just consider for short term and enjoy the swing. But I would like to state that please ask your financial advisor before investing in any stock.
It’s not stock by recommendation, this content is meant only for your educational purpose. 
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Will there be cruises in 2023?
Many new cruise ships are setting sail in 2023, including Explora I from Explora Journeys. Thanks to plenty of ship orders made in advance of the pandemic, there are more than a dozen ocean newbuilds on the horizon.
Is SAIL undervalued stock?
DCF Value. This DCF valuation model was created by Alpha Spread and was last updated on Jul 22, 2023. Estimated DCF Value of one SAIL stock is 146.42 INR. Compared to the current market price of 90.2 INR, the stock is Undervalued by 38%.
What is the average dividend of SAIL?
Current Dividend Yield: 6.20% Annual dividend payment: ₹5.75.
What is the future of sea stock?
Stock Price Forecast – The 31 analysts offering 12-month price forecasts for Sea Ltd have a median target of 94.34, with a high estimate of 159.00 and a low estimate of 50.00. The median estimate represents a +43.16% increase from the last price of 65.90.
Steel Authority of India Limited’s (NSE:SAIL) largest shareholders are state or government with 65% ownership, individual investors own 21% – Simply Wall St News.
Steel Authority of India (SAIL) Ltd. has not split the face value of the share since Jan 1, 2000. Is Steel Authority of India (SAIL) Ltd.
What is the debt of sail?
How Much Debt Does Steel Authority of India Carry? – You can click the graphic below for the historical numbers, but it shows that as of March 2023 Steel Authority of India had ₹256.6b of debt, an increase on ₹133.9b, over one year. However, it does have ₹5.51b in cash offsetting this, leading to net debt of about ₹251.1b. NSEI:SAIL Debt to Equity History June 8th 2023
Which company will give dividend in 2023?
Dividends Declared
| COMPANY NAME | DIVIDEND | DATE |
|---|---|---|
| NDL Ventures | Final | 28-04-2023 |
| Ecoplast | Final | 10-07-2023 |
| Shri Dinesh Mil | Final | 30-05-2023 |
| Guj Hotels | Final | 19-04-2023 |
What will the UPS dividend be for 2023?
UPS Announces Quarterly Dividend ATLANTA-(BUSINESS WIRE)- UPS (NYSE: UPS) today announced its regular quarterly dividend of $1.62 per share on all outstanding Class A and Class B shares. The dividend is payable June 1, 2023, to shareowners of record on May 15, 2023.
Commitment to the dividend is one of UPS’s core principles and a hallmark of the company’s financial strength. UPS has either maintained or increased its dividend each year since going public in 1999. About UPS UPS (NYSE: UPS) is one of the world’s largest companies, with 2022 revenue of $100.3 billion, and provides a broad range of integrated logistics solutions for customers in more than 220 countries and territories.
Focused on its purpose statement, “Moving our world forward by delivering what matters,” the company’s more than 500,000 employees embrace a strategy that is simply stated and powerfully executed: Customer First. People Led. Innovation Driven. UPS is committed to reducing its impact on the environment and supporting the communities we serve around the world.
View source version on businesswire.com: UPS Media Relations 404-828-7123
UPS Investor Relations 404-828-6059 (Option 4) : UPS Announces Quarterly Dividend
What are the 3 dividend dates?
3 Dates to Remember if You Want A Cash Dividend – ACap Advisors & Accountants We all have important dates to remember in our lives such as birthdays and anniversaries. When it comes to investing for dividends, there are three key dates that everyone should memorize.
The three dates are the date of declaration, date of record, and date of payment. Most investors buy stocks only for their cash dividends, this is especially true now because interest rates are so low and investors are hungry for yield. However, the next time you decide to buy a stock for its dividend, keep the following three dates in mind to ensure you get the cash you deserve.
Date of Declaration The date of declaration is when the company’s board of directors announces their intention to pay a cash dividend. Once declared, the company incurs a liability on their books to reflect the proposed dividend to shareholders. At the same meeting, the board of directors also announces the date of record and date of payment.
- Date of Record (and ex-dividend date) The date of record is how the company determines which shareholders are entitled to the dividend.
- A company maintains a record of all their shareholders, unless the shares are held in street-name.
- Street-name means you own your shares through a brokerage account.
- In such cases, the company pays the broker and the broker deposits the cash dividend in your account.
The ex-dividend date is two days before the date of record. Investors who own the stock before the ex-dividend date are entitled to the dividend whereas investors who buy the stock on or after the ex-dividend date will not receive the dividend. As a result, the value of the stock declines on the ex-dividend date because the stock trades without the right to the dividend and the value of the company decreases because the dividend no longer belongs to the company.
- Date of Payment This is the last date to remember for dividends because the date of payment is when you actually receives the cash dividend.
- Sometimes companies pay large special dividends (such as Microsoft in 2004) because they have excess cash on their books and they want to distribute it to shareholders.
You could potentially miss out on a cash dividend if you do not pay attention to the three key dates mentioned above. Most importantly, don’t buy a stock just for its dividend. Dividend paying companies are usually mature companies that can no longer reinvest their profits into the business to earn a sufficient return required by their shareholders.
- You should have a diversified portfolio that includes both dividend and growth oriented companies.
- Have a financial question? Contact ACap Asset Management at or 818-272-8511.
- Ara Oghoorian, CFA, CFP® is the president and founder of ACap Asset Management, Inc., a “Fee-Only” investment management firm headquarted in Los Angeles, CA specializing in helping doctors and healthcare professionals make sound financial decisions.
Visit us at : 3 Dates to Remember if You Want A Cash Dividend – ACap Advisors & Accountants
What is PGR dividend for 2023?
Dividend FAQ – Does The Progressive Corporation pay dividends? The Progressive Corporation ( PGR ) pays dividends to its shareholders. How much is The Progressive Corporation’s dividend? The Progressive Corporation’s ( PGR ) quarterly dividend per share was $0.10 as of July 14, 2023,
