Tata Steel is making headlines once more, showcasing both its financial performance for the fourth quarter and a promising dividend for its investors. With significant developments on the horizon, let’s delve into what’s happening at Tata Steel.

Tata Steel Declares Dividend of Rs 3.60 per Share

Tata Steel has unveiled a dividend of Rs 3.60 per share, representing a substantial 360% of its nominal value of Rs 1. This dividend awaits approval from shareholders during the forthcoming Annual General Meeting (AGM) scheduled for July 2, 2025. Notably, this payout mirrors last year’s offering, maintaining consistency in shareholder returns.

Key Dates for Dividend Eligibility

Mark your calendars! June 6 has been designated as the record date for determining eligibility for this dividend. Shareholders who possess Tata Steel shares on this date will qualify to receive the dividend, pending approval at the AGM.

Tata Steel Reports Q4 Performance: Revenue Decline Yet Steady Profitability

In its latest quarterly report for the period ending March (Q4FY25), Tata Steel experienced a 4.2% drop in revenue, falling from Rs 58,687 crore to Rs 56,218 crore compared to the same quarter last year. However, there’s a positive note: the company’s EBITDA increased slightly to Rs 6,762 crore, maintaining a robust EBITDA margin of 11.7%.

Major Investment in Foreign Subsidiary Approved

In a significant move, Tata Steel has approved an investment of up to Rs 21,410.95 crore in its wholly-owned subsidiary, T Steel Holdings. This capital injection will be executed in stages throughout FY2025-26 and will be facilitated through equity share subscriptions, compliant with foreign exchange regulations.

Tata Steel Stock Performance Overview

Tata Steel’s stock has demonstrated a strong upward trend recently. Over the last five trading days, shares have surged by 6%, and in the past month, they have appreciated by 11%. In the last six months, the stock has gained 8%, although it has seen an annual decline of 8%. Remarkably, the stock has returned 10% thus far in 2025. The 52-week range for Tata Steel shares stands between a high of Rs 184.60 and a low of Rs 122.62.

For investors and stakeholders, Tata Steel’s recent announcements reflect the company’s ongoing commitment to delivering value and navigating the challenges of the market landscape. Keep an eye out for the upcoming AGM for further updates on shareholder returns.