Triveni Engineering & Industries Limited engages in the sugar and engineering businesses in India and internationally. The company manufactures and sells white crystal sugar for beverages, food, and fast moving consumer goods (FMCG) companies; pharmaceutical companies; and confectionery producers, as well as offers sugar under the Shagun brand. It also sells surplus molasses and bagasse produced as a by-product in the manufacture of sugar; produces ethanol, extra neutral alcohol, rectified spirit, and denatured spirit; and operates a 104.5 MW grid connected co-generation facility. In addition, the company manufactures and sells high-speed gears and gearboxes for gas and steam turbines, compressors, pumps, blowers, and other industry applications; low-speed gearboxes for hydel turbines, steel mills, sugar mills, rubber mixers and extruders, cement mills, thermal plants, plastics, and other industries; and reciprocating compressors, pumps, and marine offerings. Further, it provides diagnostics and troubleshooting support, reverse engineering, replacement solutions, overhauling, on-site training and assistance, upgradation and automation of existing plants, and installation and commissioning services; refurbishment solutions; and health monitoring of gearboxes. Additionally, the company offers water and wastewater management solutions, as well as recycles water; trades in various FMCG; and retails diesel/petrol. It also develops and manufactures propulsion gearboxes, auxiliary power gas turbines generators, steam turbines, turbo alternator turbines, turbo pumps for the Indian defense forces, as well as steering systems. Triveni Engineering & Industries Limited was incorporated in 1932 and is headquartered in Noida, India.
Triveni Engineering & Industries Dividend Announcement
• Triveni Engineering & Industries announced a semi annually dividend of ₹1.25 per ordinary share which will be made payable on 2024-10-13. Ex dividend date: 2024-09-06
• Triveni Engineering & Industries annual dividend for 2024 was ₹3.50
• Triveni Engineering & Industries annual dividend for 2023 was ₹3.25
• Triveni Engineering & Industries's trailing twelve-month (TTM) dividend yield is 0.8%
Triveni Engineering & Industries Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-09-06 | ₹1.25 | semi annually | 2024-10-13 |
| 2024-02-09 | ₹2.25 | semi annually | |
| 2023-09-01 | ₹3.25 | semi annually | 2023-10-08 |
| 2022-08-12 | ₹2.00 | semi annually | 2022-09-23 |
| 2021-11-09 | ₹1.25 | semi annually | 2021-11-25 |
| 2021-09-08 | ₹1.75 | semi annually | 2021-10-08 |
| 2020-02-18 | ₹1.10 | semi annually | 2020-03-11 |
| 2019-02-25 | ₹0.70 | semi annually | 2019-03-15 |
| 2017-08-22 | ₹0.25 | semi annually | 2017-09-09 |
| 2013-02-12 | ₹0.10 | semi annually | 2013-03-01 |
| 2012-02-03 | ₹0.20 | semi annually | 2012-03-11 |
| 2011-02-11 | ₹0.15 | semi annually | 2011-02-28 |
| 2010-05-18 | ₹0.40 | semi annually | 2010-05-24 |
| 2009-12-22 | ₹0.70 | semi annually | 2010-02-01 |
| 2009-05-11 | ₹0.30 | semi annually | 2009-05-16 |
Triveni Engineering & Industries Dividend per year
Triveni Engineering & Industries Dividend growth
Triveni Engineering & Industries Dividend Yield
Triveni Engineering & Industries current trailing twelve-month (TTM) dividend yield is 0.8%. Interested in purchasing Triveni Engineering & Industries stock? Use our calculator to estimate your expected dividend yield:
Triveni Engineering & Industries Financial Ratios
P/E ratio26.49
PEG ratio-0.64
P/B ratio2.86
ROE10.92%
Payout ratio0.00%
Current ratio1.85
Quick ratio0.87
Cash Ratio0.19
Triveni Engineering & Industries Dividend FAQ
How much is the next Triveni Engineering & Industries dividend?
Triveni Engineering & Industries's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Triveni Engineering & Industries dividend. The next Triveni Engineering & Industries dividend will be released in September.
When is Triveni Engineering & Industries dividend paid?
Triveni Engineering & Industries pays dividends on a semi annually basis. The specific dates may vary each year but are generally around September. 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 Triveni Engineering & Industries pay?
The specific amount of Triveni Engineering & Industries 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 Triveni Engineering & Industries's dividend history.
Does Triveni Engineering & Industries stock pay dividends?
Yes, Triveni Engineering & Industries 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 Triveni Engineering & Industries's dividend history.
How much dividend does Triveni Engineering & Industries pay?
Triveni Engineering & Industries paid ₹3.5 in 2024, ₹3.25 in 2023, ₹2.0 in 2022, ₹3.0 in 2021, and ₹1.1 in 2020.
How often does Triveni Engineering & Industries pay dividends?
Triveni Engineering & Industries typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around September.
What is Triveni Engineering & Industries's dividend yield?
The current dividend yield for Triveni Engineering & Industries is 0.8%. 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 Triveni Engineering & Industries's exact dividend yield.
When does Triveni Engineering & Industries go ex dividend?
Triveni Engineering & Industries's ex-dividend date for the latest dividend was on 2024-09-06. Triveni Engineering & Industries 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 Triveni Engineering & Industries dividend paid?
Triveni Engineering & Industries pays dividends on a semi annually basis, typically around September, but the exact dates can vary each year.
Will Triveni Engineering & Industries 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 Triveni Engineering & Industries 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 Triveni Engineering & Industries dividend per share?
Triveni Engineering & Industries paid ₹3.5 per share in 2024 and ₹3.25 per share in 2023. The amount of dividend per share that Triveni Engineering & Industries 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 Triveni Engineering & Industries 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 Triveni Engineering & Industries 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 Triveni Engineering & Industries a dividend stock?
Yes, Triveni Engineering & Industries is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Triveni Engineering & Industries a good dividend stock?
Whether Triveni Engineering & Industries is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Triveni Engineering & Industries has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Triveni Engineering & Industries 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.
Other factors to consider when evaluating Triveni Engineering & Industries 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 Triveni Engineering & Industries pay dividends monthly?
Triveni Engineering & Industries typically pays dividends on a semi annually basis.
Does Triveni Engineering & Industries pay dividends quarterly?
Triveni Engineering & Industries currently pays dividends on a semi annually basis.
Has Triveni Engineering & Industries ever paid a dividend?
Yes, Triveni Engineering & Industries has a history of paying dividends to its shareholders. Triveni Engineering & Industries is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Triveni Engineering & Industries dividend stocks?
To buy Triveni Engineering & Industries 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 Triveni Engineering & Industries 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.
Place an order: Use the brokerage's trading platform to place an order to buy Triveni Engineering & Industries 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 Triveni Engineering & Industries pay dividends 2024?
Triveni Engineering & Industries pays dividends on a semi annually basis. 2024 dividend payments are in 2024-10-13. 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 Triveni Engineering & Industries increase its dividend in 2024?
Decisions regarding Triveni Engineering & Industries 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 Triveni Engineering & Industries dividend overview you can look into the above table of dividend history.
How Triveni Engineering & Industries dividend works?
The Triveni Engineering & Industries 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 Triveni Engineering & Industries's dividend process works:
1. Determination of Dividend: Triveni Engineering & Industries'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, Triveni Engineering & Industries 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, Triveni Engineering & Industries 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 Triveni Engineering & Industries 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. Determination of Dividend: Triveni Engineering & Industries'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, Triveni Engineering & Industries 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, Triveni Engineering & Industries 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 Triveni Engineering & Industries 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 Triveni Engineering & Industries dividends paid?
Triveni Engineering & Industries dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Triveni Engineering & Industries 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, Triveni Engineering & Industries distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Triveni Engineering & Industries 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.
1. Record Date: Triveni Engineering & Industries 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, Triveni Engineering & Industries distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Triveni Engineering & Industries 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 Triveni Engineering & Industries pay dividends?
Triveni Engineering & Industries typically pays dividends on a semi annually 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 Triveni Engineering & Industries pay dividends?
The general pattern is that Triveni Engineering & Industries pays dividends around September. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Triveni Engineering & Industries dividend safe?
The safety of Triveni Engineering & Industries'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 Triveni Engineering & Industries'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 Triveni Engineering & Industries'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.
To assess the safety of Triveni Engineering & Industries'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 Triveni Engineering & Industries'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.