Triveni Turbine Limited Stock Dividends
Triveni Turbine Limited Stock Dividends Overview
TRITURBINE.NS pays dividends biannually. Last paid amount was ₹2.30 at Feb 29, 2024. As of today, dividend yield (TTM) is 0.462%.
Dividend Yield Range
AI Analysis of TRITURBINE.NS
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 0.462% |
|---|---|
| Frequency | Biannually |
| 1Y Growth | 0% |
| Payout Ratio | 0 |
| Amount Per Share | ₹2.30 |
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Triveni Turbine Limited has not yet announced its next dividend date. Last payment date was: Feb 29, 2024.
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TRITURBINE Dividend Payout History
To ensure a understanding of TRITURBINE'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 16, 2024 | Feb 16, 2024 | Feb 29, 2024 | ₹2.30 | 0.462% |
| 2 | Aug 11, 2022 | Aug 11, 2022 | Aug 11, 2022 | ₹0.700 | 0.362% |
| 3 | Nov 08, 2021 | Nov 08, 2021 | Nov 08, 2021 | ₹0.600 | 0.297% |
| 4 | Sep 07, 2021 | Sep 07, 2021 | Sep 07, 2021 | ₹1.20 | 0.87% |
| 5 | Oct 09, 2019 | Nov 14, 2019 | Dec 02, 2019 | ₹0.500 | 0.531% |
| 6 | May 22, 2018 | Sep 05, 2018 | Oct 01, 2018 | ₹0.550 | 0.525% |
| 7 | Nov 08, 2017 | Nov 20, 2017 | Nov 30, 2017 | ₹0.450 | 0.330% |
| 8 | May 18, 2017 | Aug 03, 2017 | Sep 08, 2017 | ₹0.750 | 0.563% |
| 9 | Aug 18, 2016 | Aug 18, 2016 | Aug 18, 2016 | ₹0.450 | 0.353% |
| 10 | Mar 15, 2016 | Mar 22, 2016 | Mar 31, 2016 | ₹0.700 | 0.732% |
Dividend Sustainability
With a moderate Dividend Sustainability Score (DSS), the company may sustain its dividends, but continuous monitoring is advised for any financial shifts. However, its Dividend Growth Potential Score (DGPS) is only moderate, indicating limited growth potential. On the whole, the dividend outlook remains neutral, meriting close observation of both the company's financial health and growth prospects.
Sustainability score
Growth potential
TRITURBINE Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from TRITURBINE 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 TRITURBINE stock here.
Comparing TRITURBINE to Sector and Country
TRITURBINE.NS pays a solid dividend yield of 0.462%, which is higher than the average of the bottom 25% of dividend payers in the IN market (0.209%). TRITURBINE.NS’s dividend yield is lower than the average of the top 25% of dividend payers in the Industrials sector in the IN market (2.63%), which means that there are more attractive dividend stocks to consider.
