TCI
Transport Corporation of India Ltd
₹889.70
Transport Corporation of India Ltd Dividend 2024 : Should Transport Corporation of India Ltd be a part of your dividend portfolio?
Transport Corporation of India Ltd is one of the most popular Industrials company in the world with a market capitalisation of ₹6,779.69Cr. Its share price is ₹889.70 as on 26 April,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Transport Corporation of India Ltd gave ₹7 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 Transport Corporation of India Ltd pays dividends to reward its shareholders.
- In the quarter ending December 2023, Transport Corporation of India Ltd has declared dividend of ₹2.50 - translating a dividend yield of 0.79%.
Let's look at Transport Corporation of India Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Transport Corporation of India Ltd’s revenue were ₹1,029.70Cr in the quarter ending December 2023. The revenue grew by 4.65% year on year basis since last quarter.
- Transport Corporation of India Ltd’s profits were ₹79.40Cr in the quarter ending December 2023. The profits fell by -7.35% year on year basis since last quarter.
- Transport Corporation of India Ltd’s dividend was ₹2.50 in the quarter ending December 2023.
Transport Corporation of India Ltd Dividend related ratios:
- Last dividend date: 02/02/2024
- Current Dividend Yield: 0.79%
- Annual dividend payment: ₹7
History of Transport Corporation of India Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
09/02/2024 | CASH | ₹2.50 | 02/02/2024 | 10/02/2024 |
07/11/2023 | CASH | ₹2.50 | 30/10/2023 | 07/11/2023 |
25/07/2023 | CASH | ₹2 | 18/05/2023 | 25/07/2023 |
07/02/2023 | CASH | ₹2.50 | 30/01/2023 | 07/02/2023 |
03/11/2022 | CASH | ₹2.50 | 29/10/2022 | 05/11/2022 |
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