Iron & Steel Stocks With High Dividend Yield

Iron & Steel Stocks With High Dividend Yield

The below table shows Iron & Steel Stocks With High Dividend Yields based on the Highest Market Capitalization.

NameMarket Cap (Cr)Close Price (rs)
Tata Steel Ltd199798.92160.05
Nava Limited7164.34493.75
Surya Roshni Ltd5998.3553.2
Kalyani Steels Ltd3808.29872.4
Indian Metals and Ferro Alloys Ltd3699.63685.7
Mukand Ltd2428.25168.05
Steelcast Ltd1284.23634.5
Shyam Century Ferrous Ltd402.0718.95

Content:

What are Iron & Steel Stocks?

Iron & steel stocks represent companies involved in the production and distribution of iron and steel products, essential materials used in construction, automotive, and manufacturing industries. These stocks are influenced by global economic conditions, industrial demand, and commodity price fluctuations, playing a crucial role in industrial growth.

These companies benefit from periods of economic growth when construction and manufacturing demand increases. As essential components for building infrastructure and vehicles, the demand for iron and steel often correlates with broader economic trends, boosting profitability.

However, the iron and steel industry is also highly susceptible to economic downturns. During such periods, reduced demand can lead to significant oversupply, affecting prices and profitability. Additionally, the industry faces ongoing challenges with cost control and environmental regulations.

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Best Iron & Steel Stocks With High Dividend Yield

The table below shows the Best Iron & Steel Stocks With High Dividend Yields based on 1 Year Return.

NameClose Price (rs)1Y Return (%)
Kalyani Steels Ltd872.4169.26
Indian Metals and Ferro Alloys Ltd685.7147.55
Nava Limited493.75114.53
Tata Steel Ltd160.0549.37
Surya Roshni Ltd553.248.24
Steelcast Ltd634.532.28
Mukand Ltd168.0525.18
Shyam Century Ferrous Ltd18.957.37

Top Iron & Steel Stocks With High Dividend Yield

The table below shows the Top Iron & Steel Stocks With High Dividend Yields based on 1 Month Return.

NameClose Price (rs)1M Return (%)
Indian Metals and Ferro Alloys Ltd685.725.2
Mukand Ltd168.0514.59
Tata Steel Ltd160.0512.64
Surya Roshni Ltd553.211.58
Shyam Century Ferrous Ltd18.95-0.53
Nava Limited493.75-1.86
Steelcast Ltd634.5-2.54
Kalyani Steels Ltd872.4-7.09

List Of Iron & Steel Stocks With High Dividend Yield

The table below shows a List Of Iron & Steel Stocks With High Dividend Yields based on the highest day Volume.

NameClose Price (rs)Daily Volume (Shares)
Tata Steel Ltd160.0541391261
Mukand Ltd168.05320494
Indian Metals and Ferro Alloys Ltd685.7212789
Nava Limited493.75151800
Surya Roshni Ltd553.2103926
Shyam Century Ferrous Ltd18.9580995
Kalyani Steels Ltd872.432565
Steelcast Ltd634.511964

High Dividend Iron & Steel Stocks 

The table below shows High Dividend Iron & Steel Stocks based on the PE Ratio.

NameClose Price (rs)PE Ratio (%)
Tata Steel Ltd160.0549.2
Mukand Ltd168.0512.06
Indian Metals and Ferro Alloys Ltd685.79.59
Nava Limited493.755.36
Surya Roshni Ltd553.217.62
Shyam Century Ferrous Ltd18.9539.73
Kalyani Steels Ltd872.422.8
Steelcast Ltd634.517.6

Who Should Invest In Iron & Steel Stocks With High Dividend Yield?

Investors seeking exposure to the foundational sectors of the economy should consider iron & steel stocks with high dividend yields. These stocks are suitable for those who can handle cyclical market fluctuations and are looking for dividends combined with the potential for capital appreciation during economic upswings.

Investing in iron and steel stocks is particularly appealing for those who understand the cyclical nature of commodities and industrial demand. These investors are usually well-prepared to navigate the volatility associated with the industry’s ups and downs, optimizing their investment timing for maximum benefit.

Additionally, these stocks are a good match for investors interested in industries critical to infrastructure and development. As global economies expand and require more construction and manufacturing materials, these sectors often experience significant growth, benefiting shareholders with both dividends and stock value increases.

How To Invest In The Iron & Steel Stocks With High Dividend Yield?

To invest in iron and steel stocks with high dividend yields, open an account with Alice Blue. Identify companies in the iron and steel sector that have a history of stable and high dividend yields, backed by strong financial health and a solid market position.

Next, diversify your investments within the iron and steel sector to spread risk. Look for companies that are leaders in their niche, whether in raw steel production or specialized products. This diversification helps mitigate the impact of industry-specific downturns on your overall portfolio.

Finally, keep a close eye on global economic indicators and construction trends, as these can significantly affect iron and steel demand. Adjust your investment strategy based on these trends to capitalize on industry upswings and avoid losses during downturns. Regular monitoring and strategic adjustments are key to maintaining profitable investments in this sector.

Performance Metrics Of Iron & Steel Stocks With High Dividend Yield

Performance metrics of iron and steel stocks with high dividend yield include dividend yield, payout ratio, and price-to-earnings (P/E) ratio. These metrics help investors assess the financial health and dividend sustainability of companies in this capital-intensive industry, guiding investment decisions toward profitable and stable options.

The dividend yield is critical for investors seeking income, indicating the percentage of the stock price paid out as dividends annually. High dividend yield in iron and steel stocks can be appealing, but it’s essential to verify that these dividends are supported by solid earnings and cash flows.

The payout ratio shows the proportion of earnings distributed as dividends, offering insights into dividend sustainability. A high but stable payout ratio suggests that a company manages its cash well, essential in a volatile industry like iron and steel. Additionally, the P/E ratio helps gauge if the stock is priced reasonably relative to its earnings, providing a measure of the investment’s value potential.

Benefits Of Investing In Iron & Steel Stocks With High Dividend Yield

The main benefits of investing in iron and steel stocks with high dividend yield include substantial income from dividends, potential capital appreciation during economic growth phases, and exposure to a fundamental industry that supports global infrastructure and development, offering long-term investment opportunities.

  • Dividend Dynamo: Iron and steel stocks with high dividend yields provide a robust source of income. These dividends can be particularly lucrative during periods of economic growth when industry demand spikes, offering investors a steady cash flow and enhancing the overall yield of their investment portfolios.
  • Capital Growth Catalyst: As essential materials in construction and manufacturing, iron and steel are in constant demand during economic expansions. Investing in these stocks can lead to significant capital appreciation, as industry growth drives up company profits and, consequently, stock prices.
  • Infrastructure Cornerstone: By investing in iron and steel stocks, you’re investing in the backbone of infrastructure projects worldwide. This sector’s growth is directly tied to global development and urbanization trends, providing long-term growth opportunities as new markets emerge and existing ones expand.

Challenges Of Investing In Iron & Steel Stocks With High Dividend Yield

The main challenges of investing in iron and steel stocks with high dividend yield include high market volatility, susceptibility to global economic shifts, and significant environmental regulations. These factors can disrupt profitability and affect the stability of dividends, posing risks to investors.

  • Economic Sensitivity Snags: Iron and steel stocks are highly vulnerable to global economic fluctuations. Economic downturns can dramatically reduce demand for construction and manufacturing materials, leading to rapid declines in industry profits and stock values, making these investments risky during unstable economic periods.
  • Regulatory Rigors: The iron and steel industry faces stringent environmental regulations aimed at reducing pollution. Compliance with these regulations can be costly, affecting profit margins. Investors must consider the potential for regulatory changes that could further impact the financial health of these companies.
  • Commodity Price Rollercoaster: The prices of raw materials used in iron and steel manufacturing are subject to volatile commodity markets. Fluctuations in these prices can directly impact production costs and profitability, making it challenging to maintain consistent dividend payouts and financial stability.

Introduction to Iron & Steel Stocks With High Dividend Yield

Tata Steel Ltd

The Market Cap of Tata Steel Ltd is ₹199,798.92 crore. Its monthly return is 49.37% and its annual return is 12.64%. The stock is currently 6.09% below its 52-week high.

Tata Steel Limited, headquartered in India, operates as a global steel producer with an annual capacity of around 35 million tons. The company focuses on the production and worldwide distribution of steel products, encompassing the entire steel manufacturing value chain from mining and processing of iron ore and coal to delivering finished products.

Its extensive product range includes various steel forms such as cold rolled sheets, BP sheets, Galvano, and hot rolled varieties. Tata Steel is known for its diverse brands like MagiZinc, Ymagine, Ympress, and Colorcoat, catering to different sectors including construction and automotive, with facilities and subsidiaries spread globally.

Nava Limited

The Market Cap of Nava Limited is ₹7,164.34 crore. Its monthly return is 114.53%, while the annual return is -1.86%. The stock is currently 9.16% below its 52-week high.

NAVA Limited, based in India, specializes in producing ferroalloys, including ferrochrome, silico manganese, and ferro silicon. The company also engages in power generation and mining, primarily for captive use and external sales. Its business extends across three main segments: Ferro Alloys (FAP), Power, and Mining, with each segment contributing to its comprehensive industrial operations.

The company boasts an annual production of approximately 200,000 tons of ferroalloys, managed through two plants located in Paloncha, Telangana, and Kharagprasad, Odisha. NAVA Limited’s operations are supported by subsidiaries such as Nava Bharat Projects Limited, Nava Bharat Energy India Limited, Brahmani Infratech Private Limited, and Nava Bharat (Singapore) Pte. Limited, enhancing its capabilities and reach in the industry.

Surya Roshni Ltd

The Market Cap of Surya Roshni Ltd is ₹5,998.30 crore. Its monthly return is 48.24% and its annual return is 11.58%. The stock is currently 52.14% below its 52-week high.

Surya Roshni Limited, headquartered in India, specializes in steel pipes and lighting products. The company operates through two main segments: Steel Pipe and Strips, which focuses on producing steel pipes and cold rolled strips; and Lighting and Consumer Durables, which includes lamps, fittings, fans, and other electric appliances. Their product range extends from conventional lighting like tube lights to energy-efficient LED solutions.

The company is also a provider of advanced smart LED products tailored for various professional markets including street lighting and office spaces. Additionally, Surya Roshni offers a variety of home appliances such as mixer grinders and water heaters. With manufacturing facilities located in Kashipur, Uttarakhand, and Malanpur, Madhya Pradesh, the company ensures a robust production capacity to meet diverse consumer demands.

Kalyani Steels Ltd

The Market Cap of Kalyani Steels Ltd is ₹3,808.29 crore. Its monthly return is 169.26%, while the annual return is -7.09%. The stock is currently 23.19% below its 52-week high.

Kalyani Steels Limited specializes in the production and sale of iron and steel products, focusing primarily on forging and engineering quality carbon and alloy steels. The company operates as an integrated steel manufacturer, offering a wide array of steel products at its Hospet Works facility in Karnataka. Their range includes various applications, grades, and sizes tailored to diverse industries.

The company produces Rolled Bars for both automotive and engineering applications, Round Cast for the Seamless Tube Industry, and Machined Bars for the Aluminum Smelting Industry. Kalyani Steels’ product lineup also features Carbon Steel, Carbon-Manganese Steel, and several chrome steel variations. The company’s primary production facility is situated at Village Ginigera in Karnataka, and it owns a subsidiary named Lord Ganesha Minerals Private Limited.

Indian Metals and Ferro Alloys Ltd

The Market Cap of Indian Metals and Ferro Alloys Ltd is ₹3,699.63 crore. Its monthly return is 147.55%, and its annual return is 25.20%. The stock is currently 12.00% below its 52-week high.

Indian Metals and Ferro Alloys Limited, based in India, is primarily engaged in producing ferro chrome, making it a leading producer in the country. The company operates across three segments: Ferro Alloys, Power, and Mining, with key operations in Odisha where it manages two captive mines in Sukinda and Mahagiri. It boasts significant power generation capabilities, including over 204.55 megawatts from captive sources and around 4.55 megawatts through solar power.

The company’s manufacturing prowess is centered in Odisha at two main sites in Therubali and Choudwar, which collectively offer a substantial production capacity of 284,000 tons and a smelting capacity exceeding 190 megavolt-amperes. With around 190 MVA in installed furnace capacity complemented by extensive chrome ore mining tracts, Indian Metals, and Ferro Alloys predominantly exports its ferrochrome products to markets in Korea, China, Japan, and Taiwan. The company also has several subsidiaries, including Indmet Mining Pte. Ltd., Utkal Coal Ltd., and IMFA Alloys Finlease Ltd.

Mukand Ltd

The Market Cap of Mukand Ltd is ₹2,428.25 crore. Its monthly return is 25.18% and its annual return is 14.59%. The stock is currently 26.63% below its 52-week high.

Mukand Limited, based in India, specializes in producing special alloys and stainless steel products like billets, bars, rods, and wire rods. Additionally, the company manufactures industrial machinery such as EOT cranes and material handling equipment and provides comprehensive engineering services and construction/erection solutions. Its business operations are divided into segments including Specialty Steel and Industrial Machinery and Engineering Contracts.

The Specialty Steel segment of Mukand Limited offers a variety of products including billets, blooms, rounds, wire rods, bars, rods, sections, bright bars, and wires made of special and alloy steel as well as stainless steel. The Industrial Machinery and Engineering Contracts segment delivers products like electric overhead traveling cranes, steel structures, and material handling equipment, as well as processing plant and equipment. The company also engages in road construction, property development, and non-banking financial activities.

Steelcast Ltd

The Market Cap of Steelcast Ltd is ₹1,284.23 crore. Its monthly return is 32.28%, while the annual return is -2.54%. The stock is currently 17.73% below its 52-week high.

Steelcast Limited, based in India, specializes in the production of steel and alloy steel castings. The company primarily focuses on mission-critical applications and serves various original equipment manufacturers (OEMs) across sectors including earthmoving, mining, railway, steel plants, and more. Its vast range of products is integral to numerous industrial activities, reflecting its pivotal role in the engineering and manufacturing landscape.

The manufacturing facility of Steelcast Limited is strategically located in Bhavnagar district, Gujarat, specifically in Alang. The company produces a diverse array of components like adapter and tooth points, axle spindles, and more for different machinery. Their offerings extend to sophisticated items such as oil field equipment, car shredding hammers, and gate valves, showcasing their capability to meet complex industrial requirements.

Shyam Century Ferrous Ltd

The Market Cap of Shyam Century Ferrous Ltd is ₹402.07 crore. Its monthly return is 7.37%, and the annual return is -0.53%. The stock is currently 70.98% below its 52-week high.

Shyam Century Ferrous Limited, based in India, is primarily involved in the production of ferroalloys and power generation. The company distributes its products throughout India, catering to a diverse market.

The manufacturing facility of the company is situated in Byrnihat, Meghalaya, close to Guwahati. It boasts an annual production capacity of about 21,000 metric tons of ferrosilicon. Additionally, the plant features a captive power generation unit with a capacity of approximately 14 megawatt hours.

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Iron & Steel Stocks With High Dividend – FAQs

1.Which Are The Best Iron & Steel Stocks With High Dividend Yield?

Best Iron & Steel Stocks With High Dividend Yield #1: Tata Steel Ltd
Best Iron & Steel Stocks With High Dividend Yield #2: Nava Limited
Best Iron & Steel Stocks With High Dividend Yield #3: Surya Roshni Ltd
Best Iron & Steel Stocks With High Dividend Yield #4: Kalyani Steels Ltd
Best Iron & Steel Stocks With High Dividend Yield #5: Indian Metals and Ferro Alloys Ltd
The Top Best Iron & Steel Stocks With High Dividend Yield based on market capitalization.

2.What Are The Top Iron & Steel Stocks With High Dividend Yield?

The top Iron & Steel stocks with high dividend yield include Tata Steel Ltd, Nava Limited, Surya Roshni Ltd, Kalyani Steels Ltd, and Indian Metals and Ferro Alloys Ltd. These companies offer attractive dividend yields, making them appealing investments for income-oriented investors seeking exposure to the iron and steel sector.

3.Can I Invest In Iron & Steel Stocks With High Dividend Yield?

Yes, you can invest in iron and steel stocks with high dividend yield if you are comfortable with the sector’s cyclicality and potential risks. These stocks can offer significant dividend income and capital appreciation during economic upswings but require careful monitoring due to their sensitivity to economic and market changes.

4.Is It Good To Invest In Iron & Steel Stocks With High Dividend Yield?

Investing in iron and steel stocks with high dividend yields can be beneficial during economic growth phases, offering both dividend income and capital appreciation. However, it’s essential to assess the risks associated with their cyclical nature and market volatility to ensure they align with your investment goals and risk tolerance.

5.How To Invest In Iron & Steel Stocks With High Dividend Yield?

To invest in iron and steel stocks with high dividend yields, open an account with Alice Blue, research and select companies with stable dividends and strong financials. Diversify your portfolio across various companies in the sector to mitigate risks associated with economic cycles and market volatility.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.

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