Trent Limited, together with its subsidiaries, operates a chain of retail stores primarily under the Westside brand in India. The company's Westside stores provides women's wear, men's wear, kids' wear, footwear, innerwear, beauty, accessories, and home furniture products. It also operates hypermarket and supermarket stores under the Star Market brand, which offer food and groceries, home care, apparel, home decor, health and beauty products, and non-vegetarian products. In addition, the company provides lifestyle products, including toys, frontlist books, and sports merchandise under the Landmark brand. Further, it offers apparels and footwear for men, women, and children under the Zudio brand; and ethnic apparels, beauty products, and accessories under the Utsa brand. As of March 31, 2022, the company operated 200 Westside stores; 61 Star Market stores; and 233 Zudio stores. Trent Limited was incorporated in 1952 and is based in Mumbai, India.
Trent Dividend Announcement
• Trent announced a annually dividend of ₹3.20 per ordinary share which will be made payable on 2024-07-12. Ex dividend date: 2024-05-22
• Trent annual dividend for 2024 was ₹3.20
• Trent annual dividend for 2023 was ₹2.20
• Trent's trailing twelve-month (TTM) dividend yield is 0.05%
• Trent's dividend growth over the last five years (2018-2023) was 13.85% year
• Trent's dividend growth over the last ten years (2013-2023) was -10.93% year
Trent Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-22 | ₹3.20 | annually | 2024-07-12 |
2023-05-25 | ₹2.20 | annually | 2023-07-12 |
2022-05-20 | ₹1.10 | annually | 2022-07-10 |
2022-02-22 | ₹0.60 | annually | 2022-03-12 |
2021-07-09 | ₹0.60 | annually | 2021-08-21 |
2020-07-24 | ₹1.00 | annually | 2020-09-05 |
2019-07-19 | ₹1.30 | annually | 2019-08-24 |
2018-07-27 | ₹1.15 | annually | 2018-09-08 |
2017-07-19 | ₹1.00 | annually | 2017-08-31 |
2016-03-17 | ₹9.00 | annually | 2016-06-01 |
2015-07-27 | ₹2.50 | annually | 2015-09-06 |
2014-08-04 | ₹7.00 | annually | 2014-08-19 |
2013-07-15 | ₹7.00 | annually | 2013-08-18 |
Trent Dividend per year
Trent Dividend growth
Trent Dividend Yield
Trent current trailing twelve-month (TTM) dividend yield is 0.05%. Interested in purchasing Trent stock? Use our calculator to estimate your expected dividend yield:
Trent Financial Ratios
Trent Dividend FAQ
Other factors to consider when evaluating Trent 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: Trent'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, Trent 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, Trent 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 Trent 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: Trent 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, Trent distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Trent 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 Trent'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 Trent'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.