Texmaco Rail & Engineering Dividends and Buybacks
Dividend criteria checks 3/6
Texmaco Rail & Engineering is a dividend paying company with a current yield of 0.26% that is well covered by earnings.
Key information
0.3%
Dividend yield
-13.4%
Buyback Yield
| Total Shareholder Yield | -13.1% |
| Future Dividend Yield | 0.3% |
| Dividend Growth | -0.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹0.500 |
| Payout ratio | 15% |
Recent dividend and buyback updates
Texmaco Rail & Engineering (NSE:TEXRAIL) Has Announced That It Will Be Increasing Its Dividend To ₹0.50
Sep 14
Texmaco Rail & Engineering (NSE:TEXRAIL) Is Increasing Its Dividend To ₹0.50
Aug 31Recent updates
Earnings Not Telling The Story For Texmaco Rail & Engineering Limited (NSE:TEXRAIL)
Dec 25Here's Why We Think Texmaco Rail & Engineering (NSE:TEXRAIL) Is Well Worth Watching
Dec 12Texmaco Rail & Engineering (NSE:TEXRAIL) Seems To Use Debt Quite Sensibly
Nov 28Return Trends At Texmaco Rail & Engineering (NSE:TEXRAIL) Aren't Appealing
Nov 13Is There Now An Opportunity In Texmaco Rail & Engineering Limited (NSE:TEXRAIL)?
Oct 16Texmaco Rail & Engineering (NSE:TEXRAIL) Has Announced That It Will Be Increasing Its Dividend To ₹0.50
Sep 14Texmaco Rail & Engineering (NSE:TEXRAIL) Is Increasing Its Dividend To ₹0.50
Aug 31Why Investors Shouldn't Be Surprised By Texmaco Rail & Engineering Limited's (NSE:TEXRAIL) 29% Share Price Surge
Jul 26Here's Why Texmaco Rail & Engineering (NSE:TEXRAIL) Has Caught The Eye Of Investors
Jun 27Texmaco Rail & Engineering Limited's (NSE:TEXRAIL) Popularity With Investors Is Clear
Jun 09Texmaco Rail & Engineering's (NSE:TEXRAIL) Earnings Are Of Questionable Quality
May 24Is Now The Time To Put Texmaco Rail & Engineering (NSE:TEXRAIL) On Your Watchlist?
Feb 08It's A Story Of Risk Vs Reward With Texmaco Rail & Engineering Limited (NSE:TEXRAIL)
Jan 16Is Now The Time To Put Texmaco Rail & Engineering (NSE:TEXRAIL) On Your Watchlist?
Oct 24Texmaco Rail & Engineering (NSE:TEXRAIL) Is Experiencing Growth In Returns On Capital
Jul 25Texmaco Rail & Engineering (NSE:TEXRAIL) Is Doing The Right Things To Multiply Its Share Price
Apr 25Returns At Texmaco Rail & Engineering (NSE:TEXRAIL) Appear To Be Weighed Down
Dec 26Texmaco Rail & Engineering (NSE:TEXRAIL) Has Announced A Dividend Of ₹0.10
Sep 08Texmaco Rail & Engineering (NSE:TEXRAIL) Shareholders Will Want The ROCE Trajectory To Continue
Aug 11Texmaco Rail & Engineering (NSE:TEXRAIL) Has A Somewhat Strained Balance Sheet
May 26Texmaco Rail & Engineering's (NSE:TEXRAIL) Solid Profits Have Weak Fundamentals
Nov 21Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TEXRAIL's dividend payments have been volatile in the past 10 years.
Growing Dividend: TEXRAIL's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Texmaco Rail & Engineering Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TEXRAIL) | 0.3% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Machinery) | 0.8% |
| Analyst forecast (TEXRAIL) (up to 3 years) | 0.3% |
Notable Dividend: TEXRAIL's dividend (0.26%) is higher than the bottom 25% of dividend payers in the Indian market (0.24%).
High Dividend: TEXRAIL's dividend (0.26%) is low compared to the top 25% of dividend payers in the Indian market (1.13%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (15.2%), TEXRAIL's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: TEXRAIL is paying a dividend but the company has no free cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/08 18:46 |
| End of Day Share Price | 2025/01/08 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Texmaco Rail & Engineering Limited is covered by 5 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kamlesh Kotak | Asian Markets Securities Private Limited |
| Anil Burra | FirstCall Research |
| Mohit Kumar | ICICI Securities Ltd. |