Transport Corporation of India Limited provides end to end integrated supply chain and logistics solutions in India. It operates through Freight, Supply Chain Solutions, Seaways, and Energy divisions. The company offers surface transport solutions, such as full truck load, small packages and consignments, over dimensional cargo, project heavy haul and rail, and foldable large containers. Its integrated logistics and supply chain solutions, including supply chain design and reengineering, third party logistics support, warehousing management, and other related services to the automobile, retail, hi-tech and telecom, chemical, and healthcare sectors. The company also offers coastal shipping, container cargo movement, and transportation services; and cold chain, inbound to outbound logistics, and chemical logistics solutions. The company was formerly known as TCI Industries Limited and changed its name to Transport Corporation of India Limited in October 1999. Transport Corporation of India Limited was founded in 1958 and is based in Gurugram, India.
Transport of India Dividend Announcement
• Transport of India announced a quarterly dividend of ₹3.50 per ordinary share which will be made payable on 2024-11-23. Ex dividend date: 2024-10-31
• Transport of India annual dividend for 2024 was ₹8.00
• Transport of India annual dividend for 2023 was ₹7.00
• Transport of India's trailing twelve-month (TTM) dividend yield is 1.19%
• Transport of India's dividend growth over the last five years (2018-2023) was 31.21% year
• Transport of India's dividend growth over the last ten years (2013-2023) was 21.48% year
Transport of India Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-31 | ₹3.50 | quarterly | 2024-11-23 |
2024-07-19 | ₹2.00 | quarterly | 2024-08-26 |
2024-02-09 | ₹2.50 | quarterly | |
2023-11-07 | ₹2.50 | quarterly | 2023-11-29 |
2023-07-25 | ₹2.00 | quarterly | 2023-08-30 |
2023-02-07 | ₹2.50 | quarterly | 2023-02-28 |
2022-11-03 | ₹2.50 | quarterly | 2022-11-28 |
2022-07-26 | ₹2.00 | quarterly | 2022-09-01 |
2022-02-03 | ₹2.00 | quarterly | 2022-02-25 |
2021-11-08 | ₹2.00 | quarterly | 2021-11-26 |
2021-07-27 | ₹1.30 | quarterly | 2021-09-02 |
2021-07-20 | ₹1.30 | quarterly | |
2021-02-10 | ₹1.20 | quarterly | 2021-03-04 |
2020-03-19 | ₹1.00 | quarterly | 2020-04-11 |
2019-11-13 | ₹1.00 | quarterly | 2019-12-05 |
2019-02-18 | ₹1.00 | quarterly | 2019-03-13 |
2018-11-13 | ₹0.80 | quarterly | 2018-12-01 |
2018-02-15 | ₹1.00 | quarterly | 2018-03-09 |
2017-11-09 | ₹0.60 | quarterly | 2017-12-09 |
2017-02-09 | ₹0.50 | quarterly | 2017-03-03 |
2016-11-10 | ₹0.60 | quarterly | 2016-12-12 |
2016-03-22 | ₹0.90 | quarterly | 2016-07-01 |
2016-02-08 | ₹0.60 | quarterly | 2016-03-02 |
2015-07-23 | ₹0.90 | quarterly | 2015-08-31 |
2015-02-03 | ₹0.60 | quarterly | 2015-02-28 |
2014-07-17 | ₹0.80 | quarterly | 2014-08-22 |
2014-01-31 | ₹0.50 | quarterly | 2014-02-27 |
2013-07-18 | ₹0.60 | quarterly | 2013-08-24 |
2013-02-01 | ₹0.40 | quarterly | 2013-02-28 |
Transport of India Dividend per year
Transport of India Dividend growth
Transport of India Dividend Yield
Transport of India current trailing twelve-month (TTM) dividend yield is 1.19%. Interested in purchasing Transport of India stock? Use our calculator to estimate your expected dividend yield:
Transport of India Financial Ratios
Transport of India Dividend FAQ
Other factors to consider when evaluating Transport of India 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: Transport of India'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, Transport of India 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, Transport of India 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 Transport of India 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: Transport of India 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, Transport of India distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Transport of India 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 Transport of India'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 Transport of India'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.