Tips Industries Limited Stock Dividends
TIPSINDLTD.NS pays dividends yearly. Last paid amount was ₹3.00 at Feb 16, 2024. As of today, dividend yield (TTM) is 1.36%.
Dividend Yield Range
AI Analysis of TIPSINDLTD.NS
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 1.36% |
|---|---|
| Frequency | Yearly |
| 1Y Growth | 500.00% |
| Payout Ratio | 0 |
| Amount Per Share | ₹3.00 |
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Tips Industries Limited has not yet announced its next dividend date. Last payment date was: Feb 16, 2024.
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TIPSINDLTD Dividend Payout History
To ensure a understanding of TIPSINDLTD's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Feb 01, 2024 | Feb 01, 2024 | Feb 16, 2024 | ₹3.00 | 0.620% |
| 2 | Oct 31, 2023 | Oct 31, 2023 | Oct 31, 2023 | ₹2.00 | 0.564% |
| 3 | Aug 04, 2023 | Aug 04, 2023 | Aug 21, 2023 | ₹1.50 | 0.508% |
| 4 | Aug 03, 2023 | Aug 03, 2023 | Aug 03, 2023 | ₹0.500 | 0.174% |
| 5 | Aug 19, 2022 | Aug 19, 2022 | Aug 19, 2022 | ₹0.200 | 0.127% |
| 6 | Sep 13, 2021 | Sep 13, 2021 | Sep 13, 2021 | ₹0.200 | 0.151% |
| 7 | Sep 17, 2020 | Sep 17, 2020 | Sep 17, 2020 | ₹0.150 | 0.562% |
| 8 | May 21, 2019 | Sep 13, 2019 | Oct 23, 2019 | ₹0.100 | 1.45% |
| 9 | May 28, 2018 | Sep 17, 2018 | Oct 25, 2018 | ₹0.100 | 1.58% |
| 10 | May 30, 2017 | Sep 05, 2017 | Oct 13, 2017 | ₹0.100 | 1.40% |
Dividend Sustainability
The company's strong Dividend Sustainability Score (DSS) indicates its robust capacity to uphold current dividend levels. Furthermore, its high Dividend Growth Potential Score (DGPS) signals potential dividend growth. In summary, the company provides a promising overall dividend outlook, balancing both sustainability and growth potential.
Sustainability score
Growth potential
TIPSINDLTD Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from TIPSINDLTD dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in TIPSINDLTD stock here.
Comparing TIPSINDLTD to Sector and Country
TIPSINDLTD.NS pays a solid dividend yield of 1.36%, which is higher than the average of the bottom 25% of dividend payers in the IN market (0.466%). TIPSINDLTD.NS’s dividend yield is lower than the average of the top 25% of dividend payers in the Communication Services sector in the IN market (3.50%), which means that there are more attractive dividend stocks to consider.
