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TIMKEN

Timken India Ltd

₹4,064.15

Timken India Ltd Dividend 2024 : Should Timken India Ltd be a part of your dividend portfolio?

Timken India Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹29,732.46Cr. Its share price is ₹4,064.15 as on 28 May,2024.

The dividend is a percentage of earnings paid out to shareholders. Last year, Timken India Ltd gave ₹3 for the full year, but should it be a part of your investments that give good dividends?

Key Highlights

  • Consumer Cyclical stocks do not always pay a dividend but as Timken India Ltd pays dividends to reward its shareholders.
  • In the quarter ending March 2023, Timken India Ltd has declared dividend of ₹1.50 - translating a dividend yield of 0.07%.

Let's look at Timken India Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:

  • Timken India Ltd’s revenue were ₹908.52Cr in the quarter ending March 2024. The revenue grew by 12.27% year on year basis since last quarter.
  • Timken India Ltd’s profits were ₹141.43Cr in the quarter ending March 2024. The profits grew by 35.33% year on year basis since last quarter.
  • Timken India Ltd’s dividend was ₹1.50 in the quarter ending March 2023.

Timken India Ltd Dividend related ratios:

  • Last dividend date: 17/05/2023
  • Current Dividend Yield: 0.07%
  • Annual dividend payment: ₹3

Timken India Ltd Dividend v/s Timken India Ltd Share price

History of Timken India Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATE
04/08/2023
CASH
₹1.50
17/05/2023
04/08/2023
11/08/2022
CASH
₹1.50
27/05/2022
12/08/2022
29/07/2021
CASH
₹1.50
18/06/2021
30/07/2021
23/07/2020
CASH
₹50
05/06/2020
25/07/2020
02/08/2019
CASH
₹1
21/05/2019
06/08/2019
View More

FAQs

Timken India Ltd current market price is ₹4,064.15 per share

Timken India Ltd has declared dividend worth ₹1.50 in the latest quarter.

Timken India Ltd has declared dividend on 17/05/2023 of ₹1.50.

Timken India Ltd has declared dividend 1 times of ₹1.50 in the previous financial year (FY2023-2024)