Total Transport Systems Limited provides logistic services worldwide. It engages in the consolidation and deconsolidation of cargo, freight forwarding, and warehousing and transportation for Fareast and The Gulf. The company was founded in 1994 and is headquartered in Mumbai, India.
Total Transport Systems Dividend Announcement
• Total Transport Systems announced a annually dividend of ₹0.50 per ordinary share which will be made payable on 2024-10-14. Ex dividend date: 2024-09-06
• Total Transport Systems annual dividend for 2024 was ₹0.50
• Total Transport Systems annual dividend for 2023 was ₹0.75
• Total Transport Systems's trailing twelve-month (TTM) dividend yield is 0.62%
Total Transport Systems Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-09-06 | ₹0.50 | annually | 2024-10-14 |
| 2023-02-22 | ₹0.75 | annually | 2023-03-11 |
| 2021-11-23 | ₹0.75 | annually | 2021-12-10 |
| 2021-11-17 | ₹0.75 | annually |
Total Transport Systems Dividend per year
Total Transport Systems Dividend Yield
Total Transport Systems current trailing twelve-month (TTM) dividend yield is 0.62%. Interested in purchasing Total Transport Systems stock? Use our calculator to estimate your expected dividend yield:
Total Transport Systems Financial Ratios
P/E ratio771.58
PEG ratio7.72
P/B ratio1.70
ROE0.22%
Payout ratio0.00%
Current ratio1.64
Quick ratio1.64
Cash Ratio0.31
Total Transport Systems Dividend FAQ
Does Total Transport Systems stock pay dividends?
Total Transport Systems does not currently pay dividends to its shareholders.
Has Total Transport Systems ever paid a dividend?
No, Total Transport Systems has no a history of paying dividends to its shareholders. Total Transport Systems is not known for its dividend payments.
Why doesn't Total Transport Systems pay dividends?
There are several potential reasons why Total Transport Systems would choose not to pay dividends to their shareholders:
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.
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.
Will Total Transport Systems ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Total Transport Systems has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Total Transport Systems a dividend aristocrat?
Total Transport Systems is not considered a Dividend Aristocrat. 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 Total Transport Systems a dividend king?
Total Transport Systems is not classified as a "Dividend King". 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 Total Transport Systems a dividend stock?
No, Total Transport Systems is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Total Transport Systems stocks?
To buy Total Transport 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 and account minimums.
Place an order: Use the brokerage's trading platform to place an order to buy Total Transport 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 Total Transport 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.