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TRIVENI

Triveni Engineering and Industries Ltd

₹371.10

Triveni Engineering and Industries Ltd Dividend 2024 : Should Triveni Engineering and Industries Ltd be a part of your dividend portfolio?

Triveni Engineering and Industries Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹7,975.55Cr. Its share price is ₹371.10 as on 29 April,2024.

The dividend is a percentage of earnings paid out to shareholders. Last year, Triveni Engineering and Industries Ltd gave ₹7.75 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 Triveni Engineering and Industries Ltd pays dividends to reward its shareholders.
  • In the quarter ending December 2023, Triveni Engineering and Industries Ltd has declared dividend of ₹2.25 - translating a dividend yield of 2.09%.

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

  • Triveni Engineering and Industries Ltd’s revenue were ₹1,333.09Cr in the quarter ending December 2023. The revenuefell by -11.13% year on year basis since last quarter.
  • Triveni Engineering and Industries Ltd’s profits were ₹137.40Cr in the quarter ending December 2023. The profits fell by -6.71% year on year basis since last quarter.
  • Triveni Engineering and Industries Ltd’s dividend was ₹2.25 in the quarter ending December 2023.

Triveni Engineering and Industries Ltd Dividend related ratios:

  • Last dividend date: 30/01/2024
  • Current Dividend Yield: 2.09%
  • Annual dividend payment: ₹7.75

Triveni Engineering and Industries Ltd Dividend v/s Triveni Engineering and Industries Ltd Share price

History of Triveni Engineering and Industries Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATE
09/02/2024
CASH
₹2.25
30/01/2024
09/02/2024
09/02/2024
CASH
₹2.25
30/01/2024
09/02/2024
01/09/2023
CASH
₹3.25
25/05/2023
01/09/2023
12/08/2022
CASH
₹2
16/05/2022
17/08/2022
09/11/2021
CASH
₹1.25
27/10/2021
10/11/2021
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FAQs

Triveni Engineering and Industries Ltd current market price is ₹371.10 per share

Triveni Engineering and Industries Ltd has declared dividend worth ₹7.75 in the last year.

Triveni Engineering and Industries Ltd has declared dividend worth ₹2.25 in the latest quarter.

Triveni Engineering and Industries Ltd has declared dividend on 30/01/2024 of ₹2.25.

Triveni Engineering and Industries Ltd has declared dividend 3 times of ₹7.75 in the previous financial year (FY2023-2024)