Transformers & Rectifiers India Ltd Dividend 2024 : Should Transformers & Rectifiers India Ltd be a part of your dividend portfolio?
Transformers & Rectifiers India Ltd is one of the most popular Industrials company in the world with a market capitalisation of ₹10,634.13Cr. Its share price is ₹711.45 as on 8 September,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Transformers & Rectifiers India Ltd gave ₹0.35 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 Transformers & Rectifiers India Ltd pays dividends to reward its shareholders.
In the quarter ending March 2024, Transformers & Rectifiers India Ltd has declared dividend of ₹0.20 - translating a dividend yield of 0.05%.
Let's look at Transformers & Rectifiers India Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Transformers & Rectifiers India Ltd’s revenue were ₹326.03Cr in the quarter ending June 2024. The revenue grew by 107.83% year on year basis since last quarter.
Transformers & Rectifiers India Ltd’s profits were ₹20.09Cr in the quarter ending June 2024. The profits grew by 259.32% year on year basis since last quarter.
Transformers & Rectifiers India Ltd’s dividend was ₹0.20 in the quarter ending March 2024.
Transformers & Rectifiers India Ltd Dividend related ratios:
Last dividend date: 08/04/2024
Current Dividend Yield: 0.05%
Annual dividend payment: ₹0.35
History of Transformers & Rectifiers India Ltd's Dividend payments
Ex/EFF DATE
TYPE
CASH AMOUNT
DECLARATION DATE
RECORD DATE
10/05/2024
CASH
₹0.20
08/04/2024
11/05/2024
28/07/2023
CASH
₹0.15
04/05/2023
28/07/2023
28/07/2022
CASH
₹0.15
14/05/2022
29/07/2022
02/09/2021
CASH
₹0.10
25/05/2021
04/09/2021
Transformers & Rectifiers India Ltd Dividend v/s Transformers & Rectifiers India Ltd Share price
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