Trident Limited engages in manufacturing, trading, and sale of textiles, papers, and chemicals in the United States, India, and internationally. It provides cotton combed, special open-end, organic cotton, core spun, blended, eli-twist, slub, compact, air rich, certified cotton, mélange, packed dye, gassed mercerized, zero twist, wrapper, bamboo/cotton, modal/cotton, soya/cotton, polyester/cotton, BCI cotton, BMP cotton, and dyed yarns; home textiles; bath linen products; and bed linen products. The company also offers copier, writing and printing maplitho, bible and offset print, bond, stiffener, cartridge, index, watermark, drawing, digital printing, carry bag, wedding card, sublimation, and virgin unbleached kraft papers; and commercial, battery, and laboratory reagent grade sulphuric acid. It also exports its products. The company was formerly known as Abhishek Industries Limited and changed its name to Trident Limited in April 2011. Trident Limited was incorporated in 1990 and is headquartered in Ludhiana, India.
Trident Dividend Announcement
• Trident announced a annually dividend of ₹0.36 per ordinary share which will be made payable on 2024-06-17. Ex dividend date: 2024-05-28
• Trident annual dividend for 2024 was ₹0.36
• Trident annual dividend for 2023 was ₹0.36
• Trident's trailing twelve-month (TTM) dividend yield is 1.08%
• Trident's dividend growth over the last five years (2018-2023) was -29.72% year
Trident Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-28 | ₹0.36 | annually | 2024-06-17 |
2023-06-01 | ₹0.36 | annually | 2023-06-23 |
2022-08-18 | ₹0.36 | annually | 2022-09-07 |
2021-10-28 | ₹0.36 | annually | 2021-11-19 |
2021-05-25 | ₹0.36 | annually | 2021-08-31 |
2020-02-27 | ₹0.18 | annually | 2020-03-20 |
2019-11-07 | ₹0.90 | annually | 2019-12-01 |
2019-08-08 | ₹0.90 | annually | 2019-09-01 |
2019-05-29 | ₹0.60 | annually | 2019-10-01 |
2019-01-24 | ₹1.20 | annually | 2019-02-14 |
2018-10-23 | ₹0.60 | annually | 2018-11-14 |
2018-08-14 | ₹0.60 | annually | 2018-09-06 |
2018-05-24 | ₹0.30 | annually | 2018-10-14 |
2018-02-05 | ₹0.60 | annually | 2018-02-21 |
2017-08-23 | ₹0.60 | annually | 2017-09-09 |
2017-05-25 | ₹0.30 | annually | 2017-10-23 |
2017-01-25 | ₹0.60 | annually | 2017-02-17 |
2016-08-18 | ₹0.60 | annually | 2016-09-06 |
2016-05-26 | ₹0.30 | annually | 2016-10-09 |
2015-11-02 | ₹0.30 | annually | 2015-11-18 |
2015-07-30 | ₹0.30 | annually | 2015-08-18 |
2015-02-18 | ₹0.30 | annually | 2015-03-07 |
2014-09-19 | ₹0.30 | annually | |
2014-09-11 | ₹0.30 | annually | |
2014-08-13 | ₹0.30 | annually | 2014-10-24 |
2011-09-22 | ₹1.20 | annually | 2011-10-30 |
Trident Dividend per year
Trident Dividend growth
Trident Dividend Yield
Trident current trailing twelve-month (TTM) dividend yield is 1.08%. Interested in purchasing Trident stock? Use our calculator to estimate your expected dividend yield:
Trident Financial Ratios
Trident Dividend FAQ
Other factors to consider when evaluating Trident 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: Trident'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, Trident 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, Trident 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 Trident 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: Trident 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, Trident distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Trident 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 Trident'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 Trident'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.