Transformers and Rectifiers (India) Limited, together with its subsidiaries, manufactures and sells transformers in India. The company provides power transformers, such as generator transformers, unit and station auxiliary transformers, interconnecting transformers, small and medium power transformers, and trackside transformers for railways; and rectifier transformers, including 6 and 12/24 pulse transformers with IPT, as well as transformers for bridge construction. It also offers distribution transformers, including energy efficient transformers, transformers with packaged substations, copper and aluminium wounds, hermitically sealed type transformers, and transformers with corrugated cooling fins. In addition, the company provides furnace transformers consisting of arc furnace and submerged arc furnace transformers, ladle refining furnace transformers, induction furnace transformers, and DC arc furnace transformers; specialty transformers, including testing and earthing transformers and transformers having multiple secondaries; and shunt and series reactors. It also engages in the exporting activities. The company was formerly known as Triveni Electric Company Limited and changed its name to Transformers and Rectifiers (India) Limited in March 1995. Transformers and Rectifiers (India) Limited was founded in 1981 and is headquartered in Ahmedabad, India.
Transformers and Rectifiers Dividend Announcement
• Transformers and Rectifiers announced a annually dividend of ₹0.20 per ordinary share which will be made payable on 2024-06-12. Ex dividend date: 2024-05-10
• Transformers and Rectifiers annual dividend for 2024 was ₹0.20
• Transformers and Rectifiers annual dividend for 2023 was ₹0.15
• Transformers and Rectifiers's trailing twelve-month (TTM) dividend yield is 0.03%
Transformers and Rectifiers Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-10 | ₹0.20 | annually | 2024-06-12 |
2023-07-28 | ₹0.15 | annually | 2023-08-30 |
2022-07-28 | ₹0.15 | annually | 2022-08-29 |
2021-09-02 | ₹0.10 | annually | 2021-10-06 |
2014-09-03 | ₹0.75 | annually | |
2013-05-08 | ₹0.75 | annually | 2013-08-30 |
2011-07-21 | ₹5.00 | annually | 2011-08-28 |
2010-07-22 | ₹5.00 | annually | 2010-08-27 |
2009-07-09 | ₹4.00 | annually | 2009-08-01 |
2008-06-19 | ₹2.00 | annually | 2008-08-01 |
Transformers and Rectifiers Dividend per year
Transformers and Rectifiers Dividend growth
Transformers and Rectifiers Dividend Yield
Transformers and Rectifiers current trailing twelve-month (TTM) dividend yield is 0.03%. Interested in purchasing Transformers and Rectifiers stock? Use our calculator to estimate your expected dividend yield:
Transformers and Rectifiers Financial Ratios
Transformers and Rectifiers Dividend FAQ
Other factors to consider when evaluating Transformers and Rectifiers 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.
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1. Determination of Dividend: Transformers and Rectifiers'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, Transformers and Rectifiers 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, Transformers and Rectifiers 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 Transformers and Rectifiers 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. Record Date: Transformers and Rectifiers 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, Transformers and Rectifiers distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Transformers and Rectifiers 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.
To assess the safety of Transformers and Rectifiers'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 Transformers and Rectifiers'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.