Transformers & Rectifiers India Ltd Dividend 2024 : Should Transformers & Rectifiers India Ltd be a part of your dividend portfolio?
Transformers & Rectifiers India Ltd is one of the most popular Industrials company in the world with a market capitalisation of ₹14,424.47Cr. Its share price is ₹952.50 as on 5 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Transformers & Rectifiers India Ltd gave ₹0.35 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 Transformers & Rectifiers India Ltd pays dividends to reward its shareholders.
In the quarter ending March 2024, Transformers & Rectifiers India Ltd has declared dividend of ₹0.20 - translating a dividend yield of 0.04%.
Let's look at Transformers & Rectifiers India Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Transformers & Rectifiers India Ltd’s revenue were ₹473.31Cr in the quarter ending September 2024. The revenue grew by 83.37% year on year basis since last quarter.
Transformers & Rectifiers India Ltd’s profits were ₹45.25Cr in the quarter ending September 2024. The profits grew by 2710.56% year on year basis since last quarter.
Transformers & Rectifiers India Ltd’s dividend was ₹0.20 in the quarter ending March 2024.
Transformers & Rectifiers India Ltd Dividend related ratios:
Last dividend date: 08/04/2024
Current Dividend Yield: 0.04%
Annual dividend payment: ₹0.35
History of Transformers & Rectifiers India Ltd's Dividend payments
Ex/EFF DATE
TYPE
CASH AMOUNT
DECLARATION DATE
RECORD DATE
10/05/2024
CASH
₹0.20
08/04/2024
11/05/2024
28/07/2023
CASH
₹0.15
04/05/2023
28/07/2023
28/07/2022
CASH
₹0.15
14/05/2022
29/07/2022
02/09/2021
CASH
₹0.10
25/05/2021
04/09/2021
Transformers & Rectifiers India Ltd Dividend v/s Transformers & Rectifiers India Ltd Share price
Discover More Dividend Stocks in Industrials Sector