Titagarh Rail Systems Limited manufactures and sells freight and passenger rail systems in India and internationally. It operates through Freight Rail Systems and Passenger Rail Systems segments. The company offers loco shells, couplers, draft gears, cast bogies, and cast manganese steel crossing products; automobile-carrying, flat, hopper, tank, box, covered, and special purpose wagons; and brake vans. It also provides passenger rolling stock products, including high speed electric loco, electric multiple unit train sets, urban metro rail systems, light rail transport, diesel electric multiple units, body shells, and bogies; and propulsion and electrical equipment, such as traction converters and power electronics, propulsion systems, auxiliary power supply products, electronic equipment, traction motors, train control and monitoring systems, and hardware and software products. In addition, the company offers re-design, maintenance, assistance and global, repair, inspection and refurbishing, systems and electrical equipment upgrade, exteriors and interiors face-lift, and power upgrading services. Further, it engages in the shipbuilding business comprising coastal research vessels, naval vessels, passenger ships, tugs, and inland water transport vessels. Additionally, the company manufactures modular panel bridges, bailey bridges, unibridges, and matière X bridges; and defense products, such as shelters, specialized wagons, EMI/EMS containers, CBRNe equipment, mine ploughs, pressure vessels, and specialized canopies. The company was formerly known as Titagarh Wagons Limited and changed its name to Titagarh Rail Systems Limited in May 2023. Titagarh Rail Systems Limited was founded in 1983 and is based in Kolkata, India.
Titagarh Rail Systems Dividend Announcement
• Titagarh Rail Systems announced a annually dividend of ₹0.80 per ordinary share which will be made payable on 2024-09-26. Ex dividend date: 2024-08-20
• Titagarh Rail Systems annual dividend for 2024 was ₹0.80
• Titagarh Rail Systems annual dividend for 2023 was ₹0.50
• Titagarh Rail Systems's trailing twelve-month (TTM) dividend yield is 0.07%
Titagarh Rail Systems Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-08-20 | ₹0.80 | annually | 2024-09-26 |
| 2023-09-22 | ₹0.50 | annually | 2023-10-29 |
| 2019-09-11 | ₹0.30 | annually | 2019-10-20 |
| 2018-09-19 | ₹0.30 | annually | 2018-10-29 |
| 2017-07-20 | ₹0.80 | annually | 2017-08-30 |
| 2016-03-28 | ₹0.80 | annually | |
| 2015-09-16 | ₹0.80 | annually | |
| 2014-09-04 | ₹4.00 | annually | |
| 2013-08-14 | ₹4.00 | annually | |
| 2012-09-06 | ₹8.00 | annually | |
| 2011-07-21 | ₹8.00 | annually | |
| 2010-08-18 | ₹5.00 | annually |
Titagarh Rail Systems Dividend per year
Titagarh Rail Systems Dividend growth
Titagarh Rail Systems Dividend Yield
Titagarh Rail Systems current trailing twelve-month (TTM) dividend yield is 0.07%. Interested in purchasing Titagarh Rail Systems stock? Use our calculator to estimate your expected dividend yield:
Titagarh Rail Systems Financial Ratios
P/E ratio54.24
PEG ratio-0.03
P/B ratio6.95
ROE14.73%
Payout ratio0.00%
Current ratio2.33
Quick ratio1.72
Cash Ratio0.08
Titagarh Rail Systems Dividend FAQ
How much is the next Titagarh Rail Systems dividend?
Titagarh Rail Systems's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Titagarh Rail Systems dividend. The next Titagarh Rail Systems dividend will be released in September.
When is Titagarh Rail Systems dividend paid?
Titagarh Rail Systems 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 Titagarh Rail Systems pay?
The specific amount of Titagarh Rail Systems 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 Titagarh Rail Systems's dividend history.
Does Titagarh Rail Systems stock pay dividends?
Yes, Titagarh Rail Systems 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 Titagarh Rail Systems's dividend history.
How much dividend does Titagarh Rail Systems pay?
Titagarh Rail Systems paid ₹0.8 in 2024, ₹0.5 in 2023, ₹0.0 in 2022, ₹0.0 in 2021, and ₹0.0 in 2020.
How often does Titagarh Rail Systems pay dividends?
Titagarh Rail Systems 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 Titagarh Rail Systems's dividend yield?
The current dividend yield for Titagarh Rail Systems is 0.07%. 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 Titagarh Rail Systems's exact dividend yield.
When does Titagarh Rail Systems go ex dividend?
Titagarh Rail Systems's ex-dividend date for the latest dividend was on 2024-08-20. Titagarh Rail Systems 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 Titagarh Rail Systems dividend paid?
Titagarh Rail Systems pays dividends on a annually basis, typically around September, but the exact dates can vary each year.
Will Titagarh Rail Systems 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 Titagarh Rail Systems 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 Titagarh Rail Systems dividend per share?
Titagarh Rail Systems paid ₹0.8 per share in 2024 and ₹0.5 per share in 2023. The amount of dividend per share that Titagarh Rail Systems 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 Titagarh Rail Systems 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 Titagarh Rail Systems 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 Titagarh Rail Systems a dividend stock?
Yes, Titagarh Rail Systems is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Titagarh Rail Systems a good dividend stock?
Whether Titagarh Rail Systems is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Titagarh Rail Systems has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Titagarh Rail 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.
Other factors to consider when evaluating Titagarh Rail 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.
Does Titagarh Rail Systems pay dividends monthly?
Titagarh Rail Systems typically pays dividends on a annually basis.
Does Titagarh Rail Systems pay dividends quarterly?
Titagarh Rail Systems currently pays dividends on a annually basis.
Has Titagarh Rail Systems ever paid a dividend?
Yes, Titagarh Rail Systems has a history of paying dividends to its shareholders. Titagarh Rail Systems is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Titagarh Rail Systems dividend stocks?
To buy Titagarh Rail Systems 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 Titagarh Rail Systems 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 Titagarh Rail Systems 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 Titagarh Rail Systems pay dividends 2024?
Titagarh Rail Systems pays dividends on a annually basis. 2024 dividend payments are in 2024-09-26. 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 Titagarh Rail Systems increase its dividend in 2024?
Decisions regarding Titagarh Rail Systems 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 Titagarh Rail Systems dividend overview you can look into the above table of dividend history.
How Titagarh Rail Systems dividend works?
The Titagarh Rail Systems 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 Titagarh Rail Systems's dividend process works:
1. Determination of Dividend: Titagarh Rail 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, Titagarh Rail 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, Titagarh Rail 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 Titagarh Rail 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. Determination of Dividend: Titagarh Rail 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, Titagarh Rail 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, Titagarh Rail 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 Titagarh Rail 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.
How are Titagarh Rail Systems dividends paid?
Titagarh Rail Systems dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Titagarh Rail 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, Titagarh Rail 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: Titagarh Rail 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.
1. Record Date: Titagarh Rail 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, Titagarh Rail 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: Titagarh Rail 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.
How many times does Titagarh Rail Systems pay dividends?
Titagarh Rail Systems 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 Titagarh Rail Systems pay dividends?
The general pattern is that Titagarh Rail Systems 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 Titagarh Rail Systems dividend safe?
The safety of Titagarh Rail Systems'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 Titagarh Rail 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 Titagarh Rail 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.
To assess the safety of Titagarh Rail 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 Titagarh Rail 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.