Titan Company Limited, together with its subsidiaries, manufactures and sells watches, jewelry, eyewear, and other accessories and products in India and internationally. It operates through four segments: Watches & Wearables, Jewellery, Eyewear, and Others. The company offers watches and accessories under the Titan Edge, Titan Raga, Nebula, Purple, Automatic, Octane, Fastrack, Titan HTSE, Zoop, Sonata, Favre-Leuba, SF, Xylys, and World of Titan. It also provides jewelry products under the Mia, CaratLane, Tanishq, and Zoya brands; and retails watches under the Helios brand. In addition, the company offers optical products under the Titan EyePlus brand, as well as Fastrack and Glares brands. Further, it provides a range of fragrance products under the SKINN brand; and sarees, lehengas, bridal wear, yardages, stoles, and dupattas under the Taneira brand, as well as engages in the precision component manufacturing and designing, and automation machines manufacturing activities for the aerospace and defense industries. The company offers its products through retail stores and dealers, as well as online. As of March 31, 2022, it operated approximately 2,718 stores with approximately 2.8 million square feet of retail space. The company was formerly known as Titan Industries Limited and changed its name to Titan Company Limited in August 2013. Titan Company Limited was incorporated in 1984 and is based in Bengaluru, India.
Titan Dividend Announcement
• Titan announced a semi annually dividend of ₹11.00 per ordinary share which will be made payable on 2024-08-11. Ex dividend date: 2024-06-27
• Titan annual dividend for 2024 was ₹11.00
• Titan annual dividend for 2023 was ₹20.00
• Titan's trailing twelve-month (TTM) dividend yield is 0.31%
• Titan's dividend growth over the last five years (2018-2023) was 39.77% year
• Titan's dividend growth over the last ten years (2013-2023) was 25.28% year
Titan Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-06-27 | ₹11.00 | semi annually | 2024-08-11 |
| 2023-07-13 | ₹10.00 | semi annually | 2023-08-31 |
| 2023-06-26 | ₹10.00 | semi annually | |
| 2022-07-08 | ₹7.50 | semi annually | 2022-08-25 |
| 2021-07-22 | ₹4.00 | semi annually | 2021-09-01 |
| 2020-08-03 | ₹4.00 | semi annually | 2020-09-10 |
| 2019-07-29 | ₹5.00 | semi annually | 2019-09-05 |
| 2018-07-23 | ₹3.75 | semi annually | 2018-08-10 |
| 2017-07-24 | ₹2.60 | semi annually | 2017-08-10 |
| 2016-03-22 | ₹2.20 | semi annually | 2016-03-31 |
| 2015-07-17 | ₹2.30 | semi annually | 2015-08-07 |
| 2014-07-15 | ₹2.10 | semi annually | 2014-08-08 |
| 2013-07-16 | ₹2.10 | semi annually | 2013-08-07 |
Titan Dividend per year
Titan Dividend growth
Titan Dividend Yield
Titan current trailing twelve-month (TTM) dividend yield is 0.31%. Interested in purchasing Titan stock? Use our calculator to estimate your expected dividend yield:
Titan Financial Ratios
P/E ratio95.93
PEG ratio12.22
P/B ratio31.95
ROE31.65%
Payout ratio0.00%
Current ratio1.31
Quick ratio0.28
Cash Ratio0.02
Titan Dividend FAQ
How much is the next Titan dividend?
Titan's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Titan dividend. The next Titan dividend will be released in June, or July.
When is Titan dividend paid?
Titan pays dividends on a semi annually basis. The specific dates may vary each year but are generally around June, and July. 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 Titan pay?
The specific amount of Titan 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 Titan's dividend history.
Does Titan stock pay dividends?
Yes, Titan 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 Titan's dividend history.
How much dividend does Titan pay?
Titan paid ₹11.0 in 2024, ₹20.0 in 2023, ₹7.5 in 2022, ₹4.0 in 2021, and ₹4.0 in 2020.
How often does Titan pay dividends?
Titan typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around June, and July.
What is Titan's dividend yield?
The current dividend yield for Titan is 0.31%. 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 Titan's exact dividend yield.
When does Titan go ex dividend?
Titan's ex-dividend date for the latest dividend was on 2024-06-27. Titan 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 Titan dividend paid?
Titan pays dividends on a semi annually basis, typically around June, or July, but the exact dates can vary each year.
Will Titan 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 Titan 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 Titan dividend per share?
Titan paid ₹11.0 per share in 2024 and ₹20.0 per share in 2023. The amount of dividend per share that Titan 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 Titan 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 Titan 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 Titan a dividend stock?
Yes, Titan is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Titan a good dividend stock?
Whether Titan is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Titan has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Titan 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 Titan 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 Titan pay dividends monthly?
Titan typically pays dividends on a semi annually basis.
Does Titan pay dividends quarterly?
Titan currently pays dividends on a semi annually basis.
Has Titan ever paid a dividend?
Yes, Titan has a history of paying dividends to its shareholders. Titan is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Titan dividend stocks?
To buy Titan 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 Titan 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 Titan 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 Titan pay dividends 2024?
Titan pays dividends on a semi annually basis. 2024 dividend payments are in 2024-08-11. 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 Titan increase its dividend in 2024?
Decisions regarding Titan 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 Titan dividend overview you can look into the above table of dividend history.
How Titan dividend works?
The Titan 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 Titan's dividend process works:
1. Determination of Dividend: Titan'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, Titan 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, Titan 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 Titan 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: Titan'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, Titan 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, Titan 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 Titan 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 Titan dividends paid?
Titan dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Titan 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, Titan distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Titan 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: Titan 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, Titan distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Titan 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 Titan pay dividends?
Titan typically pays dividends on a semi 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 Titan pay dividends?
The general pattern is that Titan pays dividends around June, and July. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Titan dividend safe?
The safety of Titan'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 Titan'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 Titan'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 Titan'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 Titan'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.