Texmaco Rail & Engineering Limited operates as an engineering and infrastructure company in India. It operates through three segments: Heavy Engineering, Steel Foundry, and Rail EPC. The company offers payload stainless/high tensile steel freight, commodity-specific, special purpose freight, bottom discharge coal hopper, container flat, tank, defense equipment, and auto car wagons; and coach bogies, loco-shells, loco bogies, loco components, EMU coaches, underframes, and parcel and brake vans. Its steel foundries produce bogies, couplers, draft gears, draw bars, CMS crossings, high axle load bogie and shroud castings, center plates, floating yokes, and AAR yokes and followers, as well as industrial castings for defence, earth moving equipment, and hydro power projects. The company also provides various gates; bifurcation, trifurcation, transition, expansion joints, manifolds, reducers, dismantling joints, fixed and rocker, and supports and specials; stoplogs/bulkhead gates, hydraulics, rope drums, hoists, screw hoists, travelling hoists, etc.; knife edge gate value/filling-in valves; trashracks/screens; trash rack cleaning machines; goliath/EOT cranes/lifting beams; and refurbishment/replacement and overhauling of HM equipment of old hydro projects/barrages. It offers automation dam and barrage, and other equipment; design, supply, installation, and commissioning services for railway tracks, buildings, platforms and foot over bridges, railway signaling and telecom structures, bridges and culverts, and automatic fare collection systems; and railway overhead and other electrification services, as well as installs other power supplies. The company also provides industrial structures, steel/concrete flyovers, concrete and steel bridges, and ship hull blocks, as well as fabricates and erects steel bridges in railways and roadways, and bailey bridges. It also exports its products. The company was incorporated in 1998 and is based in Kolkata, India.
Texmaco Rail & Engineering Dividend Announcement
• Texmaco Rail & Engineering announced a annually dividend of ₹0.50 per ordinary share which will be made payable on 2024-10-25. Ex dividend date: 2024-09-19
• Texmaco Rail & Engineering annual dividend for 2024 was ₹0.50
• Texmaco Rail & Engineering annual dividend for 2023 was ₹0.15
• Texmaco Rail & Engineering's trailing twelve-month (TTM) dividend yield is 0.25%
• Texmaco Rail & Engineering's dividend growth over the last five years (2018-2023) was -9.71% year
• Texmaco Rail & Engineering's dividend growth over the last ten years (2013-2023) was -17.28% year
Texmaco Rail & Engineering Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-09-19 | ₹0.50 | annually | 2024-10-25 |
| 2023-09-18 | ₹0.15 | annually | 2023-10-25 |
| 2022-09-22 | ₹0.10 | annually | 2022-10-30 |
| 2021-09-16 | ₹0.10 | annually | 2021-10-24 |
| 2020-09-23 | ₹0.10 | annually | 2020-10-30 |
| 2019-08-22 | ₹0.35 | annually | 2019-10-09 |
| 2018-08-28 | ₹0.25 | annually | 2018-10-04 |
| 2017-09-07 | ₹0.25 | annually | 2017-10-16 |
| 2016-09-16 | ₹0.25 | annually | 2016-10-26 |
| 2015-09-18 | ₹0.25 | annually | 2015-10-28 |
| 2014-08-27 | ₹0.25 | annually | 2014-10-04 |
| 2013-08-29 | ₹1.00 | annually | 2013-10-07 |
Texmaco Rail & Engineering Dividend per year
Texmaco Rail & Engineering Dividend growth
Texmaco Rail & Engineering Dividend Yield
Texmaco Rail & Engineering current trailing twelve-month (TTM) dividend yield is 0.25%. Interested in purchasing Texmaco Rail & Engineering stock? Use our calculator to estimate your expected dividend yield:
Texmaco Rail & Engineering Financial Ratios
P/E ratio43.89
PEG ratio-4.09
P/B ratio3.03
ROE8.07%
Payout ratio0.00%
Current ratio2.18
Quick ratio1.54
Cash Ratio0.12
Texmaco Rail & Engineering Dividend FAQ
How much is the next Texmaco Rail & Engineering dividend?
Texmaco Rail & Engineering's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Texmaco Rail & Engineering dividend. The next Texmaco Rail & Engineering dividend will be released in September.
When is Texmaco Rail & Engineering dividend paid?
Texmaco Rail & Engineering pays dividends on a annually basis. The specific dates may vary each year but are generally around September. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Texmaco Rail & Engineering pay?
The specific amount of Texmaco Rail & Engineering dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Texmaco Rail & Engineering's dividend history.
Does Texmaco Rail & Engineering stock pay dividends?
Yes, Texmaco Rail & Engineering does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Texmaco Rail & Engineering's dividend history.
How much dividend does Texmaco Rail & Engineering pay?
Texmaco Rail & Engineering paid ₹0.5 in 2024, ₹0.15 in 2023, ₹0.1 in 2022, ₹0.1 in 2021, and ₹0.1 in 2020.
How often does Texmaco Rail & Engineering pay dividends?
Texmaco Rail & Engineering typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around September.
What is Texmaco Rail & Engineering's dividend yield?
The current dividend yield for Texmaco Rail & Engineering is 0.25%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Texmaco Rail & Engineering's exact dividend yield.
When does Texmaco Rail & Engineering go ex dividend?
Texmaco Rail & Engineering's ex-dividend date for the latest dividend was on 2024-09-19. Texmaco Rail & Engineering typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Texmaco Rail & Engineering dividend paid?
Texmaco Rail & Engineering pays dividends on a annually basis, typically around September, but the exact dates can vary each year.
Will Texmaco Rail & Engineering increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Texmaco Rail & Engineering will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Texmaco Rail & Engineering dividend per share?
Texmaco Rail & Engineering paid ₹0.5 per share in 2024 and ₹0.15 per share in 2023. The amount of dividend per share that Texmaco Rail & Engineering pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Texmaco Rail & Engineering a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Texmaco Rail & Engineering a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Texmaco Rail & Engineering a dividend stock?
Yes, Texmaco Rail & Engineering is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Texmaco Rail & Engineering a good dividend stock?
Whether Texmaco Rail & Engineering is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Texmaco Rail & Engineering has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Texmaco Rail & 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.
Other factors to consider when evaluating Texmaco Rail & 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.
Does Texmaco Rail & Engineering pay dividends monthly?
Texmaco Rail & Engineering typically pays dividends on a annually basis.
Does Texmaco Rail & Engineering pay dividends quarterly?
Texmaco Rail & Engineering currently pays dividends on a annually basis.
Has Texmaco Rail & Engineering ever paid a dividend?
Yes, Texmaco Rail & Engineering has a history of paying dividends to its shareholders. Texmaco Rail & Engineering is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Texmaco Rail & Engineering dividend stocks?
To buy Texmaco Rail & Engineering you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Texmaco Rail & Engineering stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Texmaco Rail & Engineering stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Texmaco Rail & Engineering pay dividends 2024?
Texmaco Rail & Engineering pays dividends on a annually basis. 2024 dividend payments are in 2024-10-25. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Texmaco Rail & Engineering increase its dividend in 2024?
Decisions regarding Texmaco Rail & Engineering dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Texmaco Rail & Engineering dividend overview you can look into the above table of dividend history.
How Texmaco Rail & Engineering dividend works?
The Texmaco Rail & Engineering dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Texmaco Rail & Engineering's dividend process works:
1. Determination of Dividend: Texmaco Rail & 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, Texmaco Rail & 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, Texmaco Rail & 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 Texmaco Rail & 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. Determination of Dividend: Texmaco Rail & 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, Texmaco Rail & 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, Texmaco Rail & 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 Texmaco Rail & 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.
How are Texmaco Rail & Engineering dividends paid?
Texmaco Rail & Engineering dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Texmaco Rail & 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, Texmaco Rail & 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: Texmaco Rail & 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.
1. Record Date: Texmaco Rail & 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, Texmaco Rail & 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: Texmaco Rail & 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.
How many times does Texmaco Rail & Engineering pay dividends?
Texmaco Rail & Engineering typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Texmaco Rail & Engineering pay dividends?
The general pattern is that Texmaco Rail & Engineering pays dividends around September. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Texmaco Rail & Engineering dividend safe?
The safety of Texmaco Rail & Engineering's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Texmaco Rail & 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 Texmaco Rail & 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.
To assess the safety of Texmaco Rail & 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 Texmaco Rail & 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.