Thejo Engineering Limited designs, manufactures, markets, and services rubber and polyurethane based engineering products for bulk material handling systems, mineral processing, and corrosion protection applications in India and internationally. It operates through three segments: Manufacturing Units, Service Units, and Others. The company provides conveyor care products, including belt conveyor splicing and repair chemicals, vulcanizing equipment, pulley protection, handling equipment, and splicing and repair tools; and transfer point solutions, such as belt cleaners and trackers, impact cushion pads, skirt sealing systems, and engineered chutes, as well as related services. It offers dust suppression products comprising high pressure fogging systems; flow promotion products that include G force and BAZOOKA air blasters; abrasion and wear protection products and services, such as mill liners, bulk flow chutes, wear resistant panels and sheetings, pump spares, rubber hoses and fittings, and rubber lined pipes and fittings; screening solutions and services consisting of scalping and sizing, dewatering, flip flow, trommels, and grator screening medias; filtration products and services covering rubber, engineered plastic, and metallic spares; corrosion protection products comprising rubber sheetings, primers adhesives and repair putties, expansion joints and bellows, and PTFE linings and bellows, as well as fabrication and lining services; and specialty products. In addition, the company provides installation, operation, and maintenance services for conveyor belts and allied services, as well as project execution services. It serves the mining, mineral processing, aggregates, sand and gravel, power, metal, chemical and fertilizer, cement, paper and pulp, and food and grain industries, as well as ports and terminals. The company was founded in 1974 and is based in Chennai, India.
Thejo Engineering Dividend Announcement
• Thejo Engineering announced a annually dividend of ₹3.00 per ordinary share which will be made payable on 2024-09-28. Ex dividend date: 2024-08-22
• Thejo Engineering annual dividend for 2024 was ₹3.00
• Thejo Engineering annual dividend for 2023 was ₹2.00
• Thejo Engineering's trailing twelve-month (TTM) dividend yield is 0.15%
• Thejo Engineering's dividend growth over the last five years (2018-2023) was -12.94% year
Thejo Engineering Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-08-22 | ₹3.00 | annually | 2024-09-28 |
| 2023-08-23 | ₹2.00 | annually | 2023-09-29 |
| 2022-08-18 | ₹2.00 | annually | 2022-09-26 |
| 2021-08-20 | ₹6.00 | annually | 2021-09-29 |
| 2020-08-20 | ₹5.00 | annually | 2020-08-30 |
| 2019-08-08 | ₹5.00 | annually | 2019-09-18 |
| 2018-08-10 | ₹4.00 | annually | 2018-09-19 |
| 2017-08-08 | ₹3.50 | annually | |
| 2016-07-27 | ₹3.50 | annually |
Thejo Engineering Dividend per year
Thejo Engineering Dividend growth
Thejo Engineering Dividend Yield
Thejo Engineering current trailing twelve-month (TTM) dividend yield is 0.15%. Interested in purchasing Thejo Engineering stock? Use our calculator to estimate your expected dividend yield:
Thejo Engineering Financial Ratios
P/E ratio43.65
PEG ratio1.96
P/B ratio8.26
ROE20.87%
Payout ratio0.00%
Current ratio3.08
Quick ratio2.36
Cash Ratio0.62
Thejo Engineering Dividend FAQ
How much is the next Thejo Engineering dividend?
Thejo 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 Thejo Engineering dividend. The next Thejo Engineering dividend will be released in August.
When is Thejo Engineering dividend paid?
Thejo Engineering pays dividends on a annually basis. The specific dates may vary each year but are generally around August. 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 Thejo Engineering pay?
The specific amount of Thejo 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 Thejo Engineering's dividend history.
Does Thejo Engineering stock pay dividends?
Yes, Thejo 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 Thejo Engineering's dividend history.
How much dividend does Thejo Engineering pay?
Thejo Engineering paid ₹3.0 in 2024, ₹2.0 in 2023, ₹2.0 in 2022, ₹6.0 in 2021, and ₹5.0 in 2020.
How often does Thejo Engineering pay dividends?
Thejo 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 August.
What is Thejo Engineering's dividend yield?
The current dividend yield for Thejo Engineering is 0.15%. 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 Thejo Engineering's exact dividend yield.
When does Thejo Engineering go ex dividend?
Thejo Engineering's ex-dividend date for the latest dividend was on 2024-08-22. Thejo 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 Thejo Engineering dividend paid?
Thejo Engineering pays dividends on a annually basis, typically around August, but the exact dates can vary each year.
Will Thejo 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 Thejo 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 Thejo Engineering dividend per share?
Thejo Engineering paid ₹3.0 per share in 2024 and ₹2.0 per share in 2023. The amount of dividend per share that Thejo 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 Thejo 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 Thejo 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 Thejo Engineering a dividend stock?
Yes, Thejo Engineering is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Thejo Engineering a good dividend stock?
Whether Thejo 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. Thejo Engineering has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Thejo 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 Thejo 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 Thejo Engineering pay dividends monthly?
Thejo Engineering typically pays dividends on a annually basis.
Does Thejo Engineering pay dividends quarterly?
Thejo Engineering currently pays dividends on a annually basis.
Has Thejo Engineering ever paid a dividend?
Yes, Thejo Engineering has a history of paying dividends to its shareholders. Thejo Engineering is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Thejo Engineering dividend stocks?
To buy Thejo 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 Thejo 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 Thejo 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 Thejo Engineering pay dividends 2024?
Thejo Engineering pays dividends on a annually basis. 2024 dividend payments are in 2024-09-28. 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 Thejo Engineering increase its dividend in 2024?
Decisions regarding Thejo 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 Thejo Engineering dividend overview you can look into the above table of dividend history.
How Thejo Engineering dividend works?
The Thejo 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 Thejo Engineering's dividend process works:
1. Determination of Dividend: Thejo 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, Thejo 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, Thejo 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 Thejo 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: Thejo 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, Thejo 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, Thejo 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 Thejo 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 Thejo Engineering dividends paid?
Thejo Engineering dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Thejo 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, Thejo 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: Thejo 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: Thejo 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, Thejo 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: Thejo 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 Thejo Engineering pay dividends?
Thejo 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 Thejo Engineering pay dividends?
The general pattern is that Thejo Engineering pays dividends around August. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Thejo Engineering dividend safe?
The safety of Thejo 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 Thejo 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 Thejo 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 Thejo 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 Thejo 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.