TD Power Systems Limited, together with its subsidiaries, manufactures and sells AC generators and electric motors in India and internationally. The company operates through Manufacturing Business and Project Business segments. It offers steam turbine, hydro turbine, diesel engine, gas engine, gas turbine, and wind turbine generators. The company also engages in the business of engineering, procurement, and construction. In addition, it undertakes boiler-turbine generator island projects and balance of plant portion for steam turbine power plants. Further, the company offers support services for erection and commissioning; training for customer field technicians on commissioning, maintenance, and trouble-shooting; trouble shooting to control generation disruptions; periodic plant health check-ups; overhauling of generators; replacement of generators for existing old machines; and spares. TD Power Systems Limited was incorporated in 1999 and is headquartered in Bengaluru, India.
TD Power Systems Dividend Announcement
• TD Power Systems announced a quarterly dividend of ₹0.60 per ordinary share which will be made payable on 2024-11-28. Ex dividend date: 2024-11-11
• TD Power Systems annual dividend for 2024 was ₹1.20
• TD Power Systems annual dividend for 2023 was ₹1.50
• TD Power Systems's trailing twelve-month (TTM) dividend yield is 0.26%
• TD Power Systems's dividend growth over the last five years (2018-2023) was -3.58% year
• TD Power Systems's dividend growth over the last ten years (2013-2023) was -2.84% year
TD Power Systems Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-11 | ₹0.60 | quarterly | 2024-11-28 |
2024-08-06 | ₹0.60 | quarterly | 2024-09-12 |
2023-11-22 | ₹0.50 | quarterly | 2023-12-08 |
2023-08-02 | ₹0.50 | quarterly | 2023-09-08 |
2023-02-20 | ₹0.50 | quarterly | 2023-03-10 |
2022-09-19 | ₹3.50 | quarterly | 2022-10-27 |
2021-09-16 | ₹2.50 | quarterly | 2021-10-27 |
2020-09-17 | ₹0.75 | quarterly | 2020-10-25 |
2020-02-24 | ₹1.50 | quarterly | 2020-03-13 |
2019-08-01 | ₹2.00 | quarterly | 2019-09-11 |
2018-09-18 | ₹1.80 | quarterly | 2018-10-18 |
2017-09-19 | ₹1.80 | quarterly | 2017-10-27 |
2016-09-14 | ₹3.05 | quarterly | 2016-10-22 |
2015-09-15 | ₹2.65 | quarterly | 2015-10-23 |
2014-08-01 | ₹2.30 | quarterly | 2014-09-11 |
2013-09-11 | ₹2.00 | quarterly | 2013-10-20 |
TD Power Systems Dividend per year
TD Power Systems Dividend growth
TD Power Systems Dividend Yield
TD Power Systems current trailing twelve-month (TTM) dividend yield is 0.26%. Interested in purchasing TD Power Systems stock? Use our calculator to estimate your expected dividend yield:
TD Power Systems Financial Ratios
TD Power Systems Dividend FAQ
Other factors to consider when evaluating TD Power Systems as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: TD Power Systems's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, TD Power Systems publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, TD Power Systems distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from TD Power Systems are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: TD Power Systems sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, TD Power Systems distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: TD Power Systems declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of TD Power Systems's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review TD Power Systems's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.