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Triveni Engineering & Industries (BOM:532356) Forward Dividend Yield % : 1.01% (As of May. 24, 2024)


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What is Triveni Engineering & Industries Forward Dividend Yield %?

As of today (2024-05-24), the Forward Annual Dividend Yield of Triveni Engineering & Industries is 1.01%.

As of today (2024-05-24), the Trailing Annual Dividend Yield of Triveni Engineering & Industries is 1.59%.

BOM:532356's Forward Dividend Yield % is ranked worse than
82.73% of 1083 companies
in the Consumer Packaged Goods industry
Industry Median: 2.52 vs BOM:532356: 1.01

Triveni Engineering & Industries's Dividends per Share for the three months ended in Mar. 2024 was ₹2.25.

During the past 12 months, Triveni Engineering & Industries's average Dividends Per Share Growth Rate was 175.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Triveni Engineering & Industries was 102.70% per year. The lowest was -55.00% per year. And the median was 22.10% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Triveni Engineering & Industries's Forward Dividend Yield %

For the Confectioners subindustry, Triveni Engineering & Industries's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Triveni Engineering & Industries's Forward Dividend Yield % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Triveni Engineering & Industries's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Triveni Engineering & Industries's Forward Dividend Yield % falls into.



Triveni Engineering & Industries Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Triveni Engineering & Industries Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
INR 2.2500002024-02-092024-02-092024-02-21Cash Dividendsemi-annuallyINR:INR 1.000000
INR 3.2500002023-09-012023-09-012023-09-20Cash DividendannuallyINR:INR 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Triveni Engineering & Industries's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=4.5/346.25
=1.30 %

Current Share Price is ₹346.25.
Triveni Engineering & Industries's Dividends per Share for the forward twelve months is calculated as ₹2.25 * 2 = ₹4.5.

Triveni Engineering & Industries's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=5.5/346.25
=1.59 %

Current Share Price is ₹346.25.
Triveni Engineering & Industries's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹5.5.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Triveni Engineering & Industries  (BOM:532356) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Triveni Engineering & Industries Forward Dividend Yield % Related Terms

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Triveni Engineering & Industries (BOM:532356) Business Description

Traded in Other Exchanges
Address
Express Trade Towers, 8th Floor, Plot No. 15 - 16, Sector - 16A, Noida, UP, IND, 201301
Triveni Engineering & Industries Ltd is an India-based company engaged in the manufacturing of sugar. The company is engaged in diversified businesses mainly categorized into segments - Sugar and allied businesses; Engineering business and others. Sugar and allied businesses essentially comprises the manufacture of sugar, cogeneration, and distillery. The Engineering business primarily comprises Power Transmission manufacturing facilities at Mysuru and Water and Waste Water Treatment business operating from Noida, UP. The firm generates a majority of its revenue from the Sugar and allied business.

Triveni Engineering & Industries (BOM:532356) Headlines

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