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TEXRAIL

Texmaco Rail & Engineering Ltd

₹284.12

Texmaco Rail & Engineering Ltd Dividend 2024 : Should Texmaco Rail & Engineering Ltd be a part of your dividend portfolio?

Texmaco Rail & Engineering Ltd is one of the most popular Industrials company in the world with a market capitalisation of ₹11,346.87Cr. Its share price is ₹284.12 as on 12 July,2024.

The dividend is a percentage of earnings paid out to shareholders. Last year, Texmaco Rail & Engineering Ltd gave ₹0.25 for the full year, but should it be a part of your investments that give good dividends?

Key Highlights

  • Industrials stocks do not always pay a dividend but as Texmaco Rail & Engineering Ltd pays dividends to reward its shareholders.
  • In the quarter ending March 2023, Texmaco Rail & Engineering Ltd has declared dividend of ₹0.15 - translating a dividend yield of 0.09%.

Let's look at Texmaco Rail & Engineering Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:

  • Texmaco Rail & Engineering Ltd’s revenue were ₹1,164.08Cr in the quarter ending March 2024. The revenue grew by 38.04% year on year basis since last quarter.
  • Texmaco Rail & Engineering Ltd’s profits were ₹45.32Cr in the quarter ending March 2024. The profits grew by 147.24% year on year basis since last quarter.
  • Texmaco Rail & Engineering Ltd’s dividend was ₹0.15 in the quarter ending March 2023.

Texmaco Rail & Engineering Ltd Dividend related ratios:

  • Last dividend date: 12/05/2023
  • Current Dividend Yield: 0.09%
  • Annual dividend payment: ₹0.25

Texmaco Rail & Engineering Ltd Dividend v/s Texmaco Rail & Engineering Ltd Share price

History of Texmaco Rail & Engineering Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATE
18/09/2023
CASH
₹0.15
12/05/2023
19/09/2023
22/09/2022
CASH
₹0.10
20/05/2022
24/09/2022
16/09/2021
CASH
₹0.10
14/05/2021
18/09/2021
23/09/2020
CASH
₹0.10
17/06/2020
25/09/2020
22/08/2019
CASH
₹0.35
13/05/2019
24/08/2019
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FAQs

Texmaco Rail & Engineering Ltd current market price is ₹284.12 per share

Texmaco Rail & Engineering Ltd has declared dividend worth ₹0.15 in the latest quarter.

Texmaco Rail & Engineering Ltd has declared dividend on 12/05/2023 of ₹0.15.

Texmaco Rail & Engineering Ltd has declared dividend 1 times of ₹0.15 in the previous financial year (FY2023-2024)