TIMKEN
Timken India Ltd
₹3,249.55
Timken India Ltd Dividend 2024 : Should Timken India Ltd be a part of your dividend portfolio?
Timken India Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹24,548.76Cr. Its share price is ₹3,249.55 as on 21 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Timken India Ltd gave ₹4 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 Timken India Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2024, Timken India Ltd has declared dividend of ₹2.50 - translating a dividend yield of 0.12%.
Let's look at Timken India Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Timken India Ltd’s revenue were ₹765.02Cr in the quarter ending September 2024. The revenue grew by 10.54% year on year basis since last quarter.
- Timken India Ltd’s profits were ₹89.95Cr in the quarter ending September 2024. The profits fell by -3.33% year on year basis since last quarter.
- Timken India Ltd’s dividend was ₹2.50 in the quarter ending March 2024.
Timken India Ltd Dividend related ratios:
- Last dividend date: 09/05/2024
- Current Dividend Yield: 0.12%
- Annual dividend payment: ₹4
History of Timken India Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
26/07/2024 | CASH | ₹2.50 | 09/05/2024 | 26/07/2024 |
04/08/2023 | CASH | ₹1.50 | 17/05/2023 | 04/08/2023 |
11/08/2022 | CASH | ₹1.50 | 27/05/2022 | 12/08/2022 |
29/07/2021 | CASH | ₹1.50 | 18/06/2021 | 30/07/2021 |
23/07/2020 | CASH | ₹50 | 05/06/2020 | 25/07/2020 |
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