Tega Industries Ltd Dividend 2024 : Should Tega Industries Ltd be a part of your dividend portfolio?
Tega Industries Ltd is one of the most popular Engineering company in the world with a market capitalisation of ₹11,420.15Cr. Its share price is ₹1,715.60 as on 8 September,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Tega Industries Ltd gave ₹4 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Engineering stocks do not always pay a dividend but as Tega Industries Ltd pays dividends to reward its shareholders.
In the quarter ending March 2024, Tega Industries Ltd has declared dividend of ₹2 - translating a dividend yield of 0.23%.
Let's look at Tega Industries Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Tega Industries Ltd’s revenue were ₹352.80Cr in the quarter ending June 2024. The revenue grew by 27.31% year on year basis since last quarter.
Tega Industries Ltd’s profits were ₹36.74Cr in the quarter ending June 2024. The profits grew by 71.76% year on year basis since last quarter.
Tega Industries Ltd’s dividend was ₹2 in the quarter ending March 2024.
Tega Industries Ltd Dividend related ratios:
Last dividend date: 23/05/2024
Current Dividend Yield: 0.23%
Annual dividend payment: ₹4
History of Tega Industries Ltd's Dividend payments
Ex/EFF DATE
TYPE
CASH AMOUNT
DECLARATION DATE
RECORD DATE
09/08/2024
CASH
₹2
23/05/2024
10/08/2024
18/08/2023
CASH
₹2
30/05/2023
19/08/2023
Tega Industries Ltd Dividend v/s Tega Industries Ltd Share price
Discover More Dividend Stocks in Engineering Sector