Trident Texofab Ltd Dividend 2024 : Should Trident Texofab Ltd be a part of your dividend portfolio?
Trident Texofab Ltd is one of the most popular Financial Services company in the world with a market capitalisation of ₹50.26Cr. Its share price is ₹49.50 as on 3 May,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Trident Texofab Ltd gave ₹1 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Financial Services stocks do not always pay a dividend but as Trident Texofab Ltd pays dividends to reward its shareholders.
In the quarter ending March 2019, Trident Texofab Ltd has declared dividend of ₹1 - translating a dividend yield of 2.02%.
Let's look at Trident Texofab Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Trident Texofab Ltd’s revenue were ₹23.12Cr in the quarter ending December 2023. The revenuefell by -8.58% year on year basis since last quarter.
Trident Texofab Ltd’s profits were ₹0.56Cr in the quarter ending December 2023. The profits fell by -51.3% year on year basis since last quarter.
Trident Texofab Ltd’s dividend was ₹1 in the quarter ending March 2019.