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 0.13%
• 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 | |
| 2022-08-18 | ₹2.00 | annually | |
| 2021-08-20 | ₹6.00 | annually | |
| 2020-08-20 | ₹5.00 | annually | |
| 2019-08-08 | ₹5.00 | annually | |
| 2018-08-10 | ₹4.00 | annually | |
| 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 0.13%. Interested in purchasing Thejo Engineering stock? Use our calculator to estimate your expected dividend yield:
Thejo Engineering Financial Ratios
Thejo Engineering Dividend FAQ
1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.
2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.
3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.
4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.
5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
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