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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 0.63%
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 dateDividend amountDividend typePay date
2024-10-31₹3.50quarterly2024-11-23
2024-07-19₹2.00quarterly2024-08-26
2024-02-09₹2.50quarterly2024-03-02
2023-11-07₹2.50quarterly2023-11-29
2023-07-25₹2.00quarterly2023-08-30
2023-02-07₹2.50quarterly2023-02-28
2022-11-03₹2.50quarterly2022-11-28
2022-07-26₹2.00quarterly2022-09-01
2022-02-03₹2.00quarterly2022-02-25
2021-11-08₹2.00quarterly2021-11-26
2021-07-27₹1.30quarterly2021-09-02
2021-07-20₹1.30quarterly
2021-02-10₹1.20quarterly2021-03-04
2020-03-19₹1.00quarterly2020-04-11
2019-11-13₹1.00quarterly2019-12-05
2019-02-18₹1.00quarterly2019-03-13
2018-11-13₹0.80quarterly2018-12-01
2018-02-15₹1.00quarterly2018-03-09
2017-11-09₹0.60quarterly2017-12-09
2017-02-09₹0.50quarterly2017-03-03
2016-11-10₹0.60quarterly2016-12-12
2016-03-22₹0.90quarterly2016-07-01
2016-02-08₹0.60quarterly2016-03-02
2015-07-23₹0.90quarterly2015-08-31
2015-02-03₹0.60quarterly2015-02-28
2014-07-17₹0.80quarterly2014-08-22
2014-01-31₹0.50quarterly2014-02-27
2013-07-18₹0.60quarterly2013-08-24
2013-02-01₹0.40quarterly2013-02-28

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 0.63%. Interested in purchasing Transport of India stock? Use our calculator to estimate your expected dividend yield:

Transport of India Financial Ratios

P/E ratio26.01
PEG ratio0.26
P/B ratio4.94
ROE19.11%
Payout ratio0.00%
Current ratio3.32
Quick ratio3.29
Cash Ratio0.11

Transport of India Dividend FAQ

How much is the next Transport of India dividend?
Transport of India's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Transport of India dividend. The next Transport of India dividend will be released in February, July, or November.
When is Transport of India dividend paid?
Transport of India pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, July, and November. 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 Transport of India pay?
The specific amount of Transport of India 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 Transport of India's dividend history.
Does Transport of India stock pay dividends?
Yes, Transport of India 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 Transport of India's dividend history.
How much dividend does Transport of India pay?
Transport of India paid ₹8.0 in 2024, ₹7.0 in 2023, ₹6.5 in 2022, ₹5.8 in 2021, and ₹1.0 in 2020.
How often does Transport of India pay dividends?
Transport of India typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around February, July, and November.
What is Transport of India's dividend yield?
The current dividend yield for Transport of India is 0.63%. 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 Transport of India's exact dividend yield.
When does Transport of India go ex dividend?
Transport of India's ex-dividend date for the latest dividend was on 2024-10-31. Transport of India 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 Transport of India dividend paid?
Transport of India pays dividends on a quarterly basis, typically around February, July, or November, but the exact dates can vary each year.
Will Transport of India 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 Transport of India 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 Transport of India dividend per share?
Transport of India paid ₹8.0 per share in 2024 and ₹7.0 per share in 2023. The amount of dividend per share that Transport of India 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 Transport of India 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 Transport of India 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 Transport of India a dividend stock?
Yes, Transport of India is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Transport of India a good dividend stock?
Whether Transport of India is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Transport of India has a history of paying regular dividends, which can make it attractive to income-focused investors.

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.
Does Transport of India pay dividends monthly?
Transport of India typically pays dividends on a quarterly basis.
Does Transport of India pay dividends quarterly?
Transport of India currently pays dividends on a quarterly basis.
Has Transport of India ever paid a dividend?
Yes, Transport of India has a history of paying dividends to its shareholders. Transport of India is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Transport of India dividend stocks?
To buy Transport of India 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 Transport of India 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 Transport of India pay dividends 2024?
Transport of India pays dividends on a quarterly basis. 2024 dividend payments are in 2024-11-23. 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 Transport of India increase its dividend in 2024?
Decisions regarding Transport of India 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 Transport of India dividend overview you can look into the above table of dividend history.
How Transport of India dividend works?
The Transport of India 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 Transport of India's dividend process works:

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.
How are Transport of India dividends paid?
Transport of India dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

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.
How many times does Transport of India pay dividends?
Transport of India typically pays dividends on a quarterly 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 Transport of India pay dividends?
The general pattern is that Transport of India pays dividends around February, July, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Transport of India dividend safe?
The safety of Transport of India'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 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.