Triveni Turbine Limited, together with its subsidiaries, engages in the manufacture and supply of power generating equipment and solutions in India. The company offers back-pressure and condensing steam turbines for a range of pressure and flow applications; American Petroleum Institute (API) compliant steam turbines; and sustainable modularly arranged pressure reducing turbines, as well as spares parts. It is also involved in the provision of various steam turbine service solutions, such as predictive and preventive maintenance, long term service agreements, troubleshooting and health check-up, automation solutions, improvement and restoration, up gradation, modification and conversion package, balance of plant solutions, turnkey solutions, operation and maintenance, high speed balancing, remote monitoring & diagnostic solution, and training programs; and trading of steam turbines and parts. The company's turbines are used in various applications, such as co-generation, combined heat & power generation, waste to energy, captive power generation, and independent power generation. It serves barge mounted and biomass independent power plants (IPPs), carbon black, cement, chemicals and fertilizers, distillery, district heating, food and beverage, municipal solid waste IPPs, oil and gas, palm oil, pulp and paper, steel, sugar, and textile industries. The company also exports its products. Triveni Turbine Limited was incorporated in 1995 and is headquartered in Bengaluru, India.
Triveni Turbine Dividend Announcement
• Triveni Turbine announced a semi annually dividend of ₹1.30 per ordinary share which will be made payable on 2024-10-19. Ex dividend date: 2024-09-06
• Triveni Turbine annual dividend for 2024 was ₹2.60
• Triveni Turbine's trailing twelve-month (TTM) dividend yield is 0.34%
Triveni Turbine Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-09-06 | ₹1.30 | semi annually | 2024-10-19 |
| 2024-02-16 | ₹1.30 | semi annually | 2024-02-29 |
| 2022-08-11 | ₹0.70 | semi annually | 2022-09-22 |
| 2021-11-08 | ₹0.60 | semi annually | 2021-11-25 |
| 2021-09-07 | ₹1.20 | semi annually | 2021-10-15 |
| 2019-11-14 | ₹0.50 | semi annually | 2019-12-06 |
| 2018-09-05 | ₹0.55 | semi annually | 2018-10-10 |
| 2017-11-20 | ₹0.45 | semi annually | 2017-11-30 |
| 2017-08-03 | ₹0.75 | semi annually | 2017-09-08 |
| 2016-08-18 | ₹0.45 | semi annually | |
| 2016-03-22 | ₹0.70 | semi annually | 2016-03-31 |
| 2015-11-19 | ₹0.40 | semi annually | 2015-11-30 |
| 2015-07-31 | ₹0.60 | semi annually | 2015-08-25 |
| 2014-09-17 | ₹0.25 | semi annually | 2014-09-29 |
| 2014-08-01 | ₹0.55 | semi annually | 2014-09-07 |
| 2013-11-18 | ₹0.20 | semi annually | 2013-11-29 |
| 2013-07-24 | ₹0.55 | semi annually | 2013-08-31 |
| 2012-11-08 | ₹0.25 | semi annually | 2012-11-23 |
| 2012-07-10 | ₹0.20 | semi annually | 2012-07-31 |
| 2012-01-24 | ₹0.20 | semi annually | 2012-02-12 |
| 2011-11-08 | ₹0.25 | semi annually | 2011-11-16 |
Triveni Turbine Dividend per year
Triveni Turbine Dividend growth
Triveni Turbine Dividend Yield
Triveni Turbine current trailing twelve-month (TTM) dividend yield is 0.34%. Interested in purchasing Triveni Turbine stock? Use our calculator to estimate your expected dividend yield:
Triveni Turbine Financial Ratios
P/E ratio77.35
PEG ratio11.85
P/B ratio22.36
ROE32.32%
Payout ratio0.00%
Current ratio2.05
Quick ratio1.80
Cash Ratio0.10
Triveni Turbine Dividend FAQ
How much is the next Triveni Turbine dividend?
Triveni Turbine'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 Turbine dividend. The next Triveni Turbine dividend will be released in .
When is Triveni Turbine dividend paid?
Triveni Turbine pays dividends on a semi annually basis. The specific dates may vary each year but are generally around . 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 Turbine pay?
The specific amount of Triveni Turbine 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 Turbine's dividend history.
Does Triveni Turbine stock pay dividends?
Yes, Triveni Turbine 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 Turbine's dividend history.
How much dividend does Triveni Turbine pay?
Triveni Turbine paid ₹2.6 in 2024, ₹0.0 in 2023, ₹0.7 in 2022, ₹1.8 in 2021, and ₹0.0 in 2020.
How often does Triveni Turbine pay dividends?
Triveni Turbine 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 .
What is Triveni Turbine's dividend yield?
The current dividend yield for Triveni Turbine is 0.34%. 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 Turbine's exact dividend yield.
When does Triveni Turbine go ex dividend?
Triveni Turbine's ex-dividend date for the latest dividend was on 2024-09-06. Triveni Turbine 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 Turbine dividend paid?
Triveni Turbine pays dividends on a semi annually basis, typically around , but the exact dates can vary each year.
Will Triveni Turbine 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 Turbine 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 Turbine dividend per share?
Triveni Turbine paid ₹2.6 per share in 2024 and ₹0.0 per share in 2023. The amount of dividend per share that Triveni Turbine 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 Turbine 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 Turbine 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 Turbine a dividend stock?
Yes, Triveni Turbine is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Triveni Turbine a good dividend stock?
Whether Triveni Turbine 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 Turbine has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Triveni Turbine 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 Turbine 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 Turbine pay dividends monthly?
Triveni Turbine typically pays dividends on a semi annually basis.
Does Triveni Turbine pay dividends quarterly?
Triveni Turbine currently pays dividends on a semi annually basis.
Has Triveni Turbine ever paid a dividend?
Yes, Triveni Turbine has a history of paying dividends to its shareholders. Triveni Turbine is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Triveni Turbine dividend stocks?
To buy Triveni Turbine 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 Turbine 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 Turbine 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 Turbine pay dividends 2024?
Triveni Turbine pays dividends on a semi annually basis. 2024 dividend payments are in 2024-10-19. 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 Turbine increase its dividend in 2024?
Decisions regarding Triveni Turbine 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 Turbine dividend overview you can look into the above table of dividend history.
How Triveni Turbine dividend works?
The Triveni Turbine 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 Turbine's dividend process works:
1. Determination of Dividend: Triveni Turbine'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 Turbine 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 Turbine 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 Turbine 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 Turbine'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 Turbine 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 Turbine 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 Turbine 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 Turbine dividends paid?
Triveni Turbine dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Triveni Turbine 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 Turbine 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 Turbine 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 Turbine 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 Turbine 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 Turbine 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 Turbine pay dividends?
Triveni Turbine 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 Turbine pay dividends?
The general pattern is that Triveni Turbine pays dividends around . 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 Turbine dividend safe?
The safety of Triveni Turbine'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 Turbine'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 Turbine'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 Turbine'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 Turbine'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.