Techno Electric & Engineering Company Limited provides engineering, procurement, and construction (EPC) services to the power generation, transmission, and distribution sectors in India. The company operates through EPC and Energy segments. It provides solutions for captive power plants, balance of plant for thermal and hydro power projects, utilities for power projects, and flue gas desulphurisation plants; constructs air-insulated and gas-insulated substations; and installs overhead lines. The company also undertakes industrial projects, such as plant electrical and illumination systems, oil handling plants, fire protection systems, air conditioning and ventilation systems, offsite piping systems, water and allied systems, as well as naptha and diesel based systems for turbine-based power plant; and power distribution systems to power intensive industries. In addition, it is involved in the generation of wind power in Tamil Nadu with a capacity of 129.9 MW. Further, the company engages in building transmission linkages. It serves power, steel, fertilizer, metals, petrochemicals, and other sectors. The company was founded in 1963 and is headquartered in Kolkata, India.
Techno Electric & Engineering Dividend Announcement
• Techno Electric & Engineering announced a annually dividend of ₹7.00 per ordinary share which will be made payable on 2024-10-26. Ex dividend date: 2024-09-13
• Techno Electric & Engineering annual dividend for 2024 was ₹7.00
• Techno Electric & Engineering annual dividend for 2023 was ₹6.00
• Techno Electric & Engineering's trailing twelve-month (TTM) dividend yield is 0.47%
Techno Electric & Engineering Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-13 | ₹7.00 | annually | 2024-10-26 |
2023-09-15 | ₹6.00 | annually | 2023-10-26 |
2022-09-15 | ₹2.00 | annually | 2022-10-26 |
2021-09-15 | ₹4.00 | annually | 2021-10-28 |
2021-02-24 | ₹3.00 | annually | 2021-03-12 |
2020-11-24 | ₹3.00 | annually | 2020-12-12 |
2016-07-28 | ₹2.00 | annually | 2016-09-05 |
2016-02-17 | ₹3.00 | annually | 2016-03-07 |
2015-07-30 | ₹1.50 | annually | 2015-09-07 |
2014-09-16 | ₹2.50 | annually | 2014-10-11 |
2014-07-18 | ₹0.50 | annually | 2014-08-25 |
2014-02-12 | ₹2.50 | annually | 2014-02-17 |
2013-07-12 | ₹3.00 | annually | 2013-09-02 |
2012-07-23 | ₹3.00 | annually | 2012-09-10 |
2011-08-11 | ₹2.00 | annually | 2011-10-02 |
2009-09-09 | ₹1.00 | annually |
Techno Electric & Engineering Dividend per year
Techno Electric & Engineering Dividend growth
Techno Electric & Engineering Dividend Yield
Techno Electric & Engineering current trailing twelve-month (TTM) dividend yield is 0.47%. Interested in purchasing Techno Electric & Engineering stock? Use our calculator to estimate your expected dividend yield:
Techno Electric & Engineering Financial Ratios
Techno Electric & Engineering Dividend FAQ
Other factors to consider when evaluating Techno Electric & Engineering 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: Techno Electric & Engineering'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, Techno Electric & Engineering 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, Techno Electric & Engineering 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 Techno Electric & Engineering 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: Techno Electric & Engineering 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, Techno Electric & Engineering distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Techno Electric & Engineering 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 Techno Electric & Engineering'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 Techno Electric & Engineering'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.