TEXRAIL
Texmaco Rail & Engineering Ltd
₹213.61
Texmaco Rail & Engineering Ltd Dividend 2024 : Should Texmaco Rail & Engineering Ltd be a part of your dividend portfolio?
Texmaco Rail & Engineering Ltd is one of the most popular Industrials company in the world with a market capitalisation of ₹8,552.59Cr. Its share price is ₹213.61 as on 22 December,2024.The dividend is a percentage of earnings paid out to shareholders. Last year, Texmaco Rail & Engineering Ltd gave ₹0.50 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
- Industrials stocks do not always pay a dividend but as Texmaco Rail & Engineering Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2024, Texmaco Rail & Engineering Ltd has declared dividend of ₹0.50 - translating a dividend yield of 0.23%.
Let's look at Texmaco Rail & Engineering Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Texmaco Rail & Engineering Ltd’s revenue were ₹1,362.35Cr in the quarter ending September 2024. The revenue grew by 68.11% year on year basis since last quarter.
- Texmaco Rail & Engineering Ltd’s profits were ₹72.86Cr in the quarter ending September 2024. The profits grew by 195.58% year on year basis since last quarter.
- Texmaco Rail & Engineering Ltd’s dividend was ₹0.50 in the quarter ending March 2024.
Texmaco Rail & Engineering Ltd Dividend related ratios:
- Last dividend date: 16/05/2024
- Current Dividend Yield: 0.23%
- Annual dividend payment: ₹0.50
History of Texmaco Rail & Engineering Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
19/09/2024 | CASH | ₹0.50 | 16/05/2024 | 20/09/2024 |
18/09/2023 | CASH | ₹0.15 | 12/05/2023 | 19/09/2023 |
22/09/2022 | CASH | ₹0.10 | 20/05/2022 | 24/09/2022 |
16/09/2021 | CASH | ₹0.10 | 14/05/2021 | 18/09/2021 |
23/09/2020 | CASH | ₹0.10 | 17/06/2020 | 25/09/2020 |
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