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Texmaco Rail & Engineering Ltd Dividend

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Texmaco Rail & Engineering Ltd

NSE: TEXRAIL

Dividend Payout (Final)

₹ 0.5

Ex-Dividend Date: Sep 19, 2024

Key Highlights

  • The dividend payouts of Texmaco Rail & Engineering Ltd changed from ₹ 0.5 to ₹ 0.35 over 6 quarters. This represents a CAGR of -21.16% .
  • The Latest Trading Price of Texmaco Rail & Engineering Ltd is ₹ 222.35 as of 06 Dec 15:30 .

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Monitoring Texmaco Rail & Engineering Ltd share price can help you stay informed about potential market shifts and opportunities.

Historical Dividend Payouts of Texmaco Rail & Engineering Ltd

Fiscal Year
leftDividend Payout (₹)right
2023-241
2022-230
2021-220
2020-210
2019-200

Overview of Dividend

  • <h2><strong>Types of Dividend</strong></h2><br> <h3>Special Dividend</h3> <p>A dividend is paid on common stock when a company has accumulated substantial profits over years, often seen as excess cash that doesn't need immediate use.</p> <br> <h3>Preferred Dividend</h3> <p>A quarterly dividend is paid to preferred stock owners, typically accumulating a fixed amount, and is earned on shares that function more like bonds.</p> <br> <h3>Interim Dividend</h3> <p>Companies declare interim dividends before final full-year accounts are prepared, specifically in India, during the financial year from April to March of the following year.</p> <br> <h3>Final Dividend</h3> <p>A final dividend is issued after the year's accounts have been compiled.
  • Aside from this, the following list highlights the most prevalent sorts of dividends:</p> <br>.

Types of Dividend


Special Dividend

A dividend is paid on common stock when a company has accumulated substantial profits over years, often seen as excess cash that doesn't need immediate use.


Preferred Dividend

A quarterly dividend is paid to preferred stock owners, typically accumulating a fixed amount, and is earned on shares that function more like bonds.


Interim Dividend

Companies declare interim dividends before final full-year accounts are prepared, specifically in India, during the financial year from April to March of the following year.


Final Dividend

A final dividend is issued after the year's accounts have been compiled. Aside from this, the following list highlights the most prevalent sorts of dividends:


Dividend Yield Comparison With Top Peers

* All values are in %

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Texmaco Rail & Engineering Ltd

NSE: TEXRAIL

Share Price

₹ 222.35

3.20 (1.46%)

stock direction

Last updated on: Dec 06, 2024

Company Fundamentals for Texmaco Rail & Engineering Ltd

No data available

Dividend Payout Over Time

No data available

Net Profit Vs Dividend Per Share

SWOT Analysis Of Texmaco Rail & Engineering Ltd

Strength

3

che

Weakness

2

che

Opportunity

0

che

Threats

1

che

BlinkX Score for Texmaco Rail & Engineering Ltd

Historical Market Cap of Texmaco Rail & Engineering Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Texmaco Rail & Engineering Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

Texmaco Rail & Engineering Ltd News Hub

Texmaco Rail jumps as PAT surges to Rs 67 cr in Q2 FY25

Profit before tax (PBT) soared to Rs 97.54 crore in September 2024 quarter, as compared to Rs 36.19

Read more

28 Oct 2024 12:16

Texmaco Rail & Engineering to conduct board meeting

Texmaco Rail & Engineering will hold a meeting of the Board of Directors of the Company on 25 Octobe

Read more

19 Oct 2024 17:46

Texmaco Rail & Engineering director resigns

Texmaco Rail & Engineering announced that Amitabha Guha (DIN: 02836707), has resigned as an Independ

Read more

15 Oct 2024 10:51

Texmaco Rail & Engineering completes acquisition of Jindal Rail Infrastructure

Texmaco Rail & Engineering has completed the acquisition of the rights, title and interest in all of

Read more

03 Sep 2024 15:59

Texmaco Rail & Engineering AGM scheduled

Texmaco Rail & Engineering announced that the Annual General Meeting (AGM) of the company will be he

Read more

31 Aug 2024 16:38

Texmaco Rail & Engineering to discuss results

Texmaco Rail & Engineering will hold a meeting of the Board of Directors of the Company on 13 August

Read more

10 Aug 2024 17:31

About Texmaco Rail & Engineering Ltd

  • Texmaco Rail & Engineering Ltd is one of India's leading freight car manufacturers and diversified engineering company.
  • The company is the largest supplier of wagons to the Indian Railways in India with strong in-house capabilities for the design and manufacture of special purpose wagons for core sectors such as cement, coal, alumina, steel, container freight cars, oil, chemicals, fertilizers, thermal power projects and defence sector among others.
  • They also manufacture sugar mill machineries, industrial boilers, cryogenic and pressure vessels, chemical plant equipment and agro-machinery such as power tillers. The company's major operating divisions are the heavy engineering division consisting of wagon, hydro-mechanical equipment and process equipment manufacturing facilities and the steel foundry division.

FAQs for Dividends of Texmaco Rail & Engineering Ltd

What is the current market price of Texmaco Rail & Engineering Ltd as of December 8, 2024?

The current market price of Texmaco Rail & Engineering Ltd stands at 222.4 per share.

What dividend did Texmaco Rail & Engineering Ltd declare in the last fiscal year?

In the last fiscal year, Texmaco Rail & Engineering Ltd declared a dividend totaling ₹0.2.

What is the most recent dividend declared by Texmaco Rail & Engineering Ltd?

Texmaco Rail & Engineering Ltd has declared dividend worth ₹0.0 in the latest quarter..

How many times has Texmaco Rail & Engineering Ltd declared dividends in the current fiscal year?

Texmaco Rail & Engineering Ltd has declared dividends 2 times totaling ₹0 in the current fiscal year (FY2024-2025).

How many times did Texmaco Rail & Engineering Ltd declare dividends in the previous fiscal year?

In the previous fiscal year (FY2023-2024), Texmaco Rail & Engineering Ltd declared dividends 4 times totaling ₹0.2.

What is Dividend Yield of Texmaco Rail & Engineering Ltd?

The Texmaco Rail & Engineering Ltd's Dividend Yield is 0.2 as of December 8, 2024

Will I get Texmaco Rail & Engineering Ltd dividend if I have shares?

If you purchase Texmaco Rail & Engineering Ltd stock on or after its ex-dividend date, you won’t receive the next dividend; the seller will. Buy before the ex-dividend date to receive the dividend.

Do I lose my Texmaco Rail & Engineering Ltd dividend if I sell my shares?

Shareholders who sell their Texmaco Rail & Engineering Ltd stock before the ex-dividend date do not receive the dividend.

How do I check if I am eligible for a Texmaco Rail & Engineering Ltd dividend?

To be eligible for the Texmaco Rail & Engineering Ltd dividend, you must buy the stock no later than one day before the ex-dividend date.

Is Texmaco Rail & Engineering Ltd dividend automatically credited to a bank account?

If your bank mandate is registered with the registrar, the Texmaco Rail & Engineering Ltd dividend amount will be automatically credited to your bank account.

Will I get Texmaco Rail & Engineering Ltd dividend if I have shares?

If you purchase Texmaco Rail & Engineering Ltd stock on or after its ex-dividend date, you won’t receive the next dividend; the seller will. Buy before the ex-dividend date to receive the dividend.
Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.
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