Steel Authority of India Limited (SAIL) has declared a ₹2.35 per share dividend with a 1.32% annual yield, while Navratna NMDC announced a Re 1 dividend with a 3.8% annual yield. According to reports from Live Mint, SAIL has set September 30, 2026 as its dividend record date, requiring investors to own shares before this date to be eligible for the payout. NMDC has fixed October 5, 2026 as its dividend record date, meaning investors must purchase shares by Thursday, October 1 to qualify for the dividend, as Friday will be a market holiday on Mahatma Gandhi Jayanti. Sunflag Iron and Steel Company Limited has also announced a ₹1 dividend with a 0.29% annual yield, with an ex-dividend date of September 11, 2026.
As reported by Live Mint, SAIL shares were trading 1.14% higher at ₹177.15 per share on BSE with a market capitalisation of ₹73,164.58 crore at 1:16 pm on Friday. The stock has touched its 52-week high of ₹209.70 per share on May 14, 2026, and its 52-week low of ₹124 per share on December 19, 2025. NMDC stock was trading 0.54% lower at ₹80.47 per share on BSE with a market capitalisation of ₹70,747.76 crore at 1:19 pm on Friday. The stock reached its 52-week high of ₹97.49 per share on June 3, 2026, and its 52-week low of ₹72.26 per share on November 24, 2025. Sunflag Iron and Steel Company Limited is trading in the ₹343-354 range with a 52-week range of ₹191.556, maintaining a market cap of ₹62.194 billion.
According to Live Mint data, SAIL has delivered close to 33% return in one year, 36.8% return in two years, and around 83% return in three years. NMDC stock has delivered 4.86% return in one year, 13.94% return in two years, and 62.42% return in three years. The comparison shows that SAIL has outperformed NMDC across all three-year periods, with significantly higher returns in the two-year and three-year timeframes, while NMDC has shown stronger performance in the one-year period. Sunflag's performance metrics show a trailing total return of 11.42% as of September 18, 2026, with a beta of 1.10 indicating moderate volatility relative to the market.
As reported by Live Mint, SAIL's annual dividend yield of 1.32% is lower than NMDC's 3.8% annual dividend yield for the year 2026. The dividend structure shows that SAIL pays 23.5% dividend to eligible investors as per its face value of ₹10 each, while NMDC has declared 100% dividend per equity share with a face value of Re 1 each. PSU stocks often generate heightened investor interest around dividend announcements, and the upcoming record dates for both companies are expected to attract significant attention from investors. Sunflag's forward dividend yield of 0.29% reflects its lower payout structure compared to the other two companies.
