TEGA
Tega Industries Ltd
₹1,740.15
Tega Industries Ltd Dividend 2024 : Should Tega Industries Ltd be a part of your dividend portfolio?
Tega Industries Ltd is one of the most popular Engineering company in the world with a market capitalisation of ₹11,589.82Cr. Its share price is ₹1,740.15 as on 24 July,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Tega Industries Ltd gave ₹4 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
- Engineering stocks do not always pay a dividend but as Tega Industries Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2024, Tega Industries Ltd has declared dividend of ₹2 - translating a dividend yield of 0.23%.
Let's look at Tega Industries Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Tega Industries Ltd’s revenue were ₹512.78Cr in the quarter ending March 2024. The revenue grew by 26.8% year on year basis since last quarter.
- Tega Industries Ltd’s profits were ₹89.49Cr in the quarter ending March 2024. The profits grew by 15.83% year on year basis since last quarter.
- Tega Industries Ltd’s dividend was ₹2 in the quarter ending March 2024.
Tega Industries Ltd Dividend related ratios:
- Last dividend date: 23/05/2024
- Current Dividend Yield: 0.23%
- Annual dividend payment: ₹4
History of Tega Industries Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
09/08/2024 | CASH | ₹2 | 23/05/2024 | 10/08/2024 |
18/08/2023 | CASH | ₹2 | 30/05/2023 | 19/08/2023 |
