Texmaco Rail & Engineering Dividend
Dividend criteria checks 0/6
Texmaco Rail & Engineering is a dividend paying company with a current yield of 0.084%.
Key information
0.08%
Dividend yield
19%
Payout ratio
| Industry average yield | 0.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | ₹2.16 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Is Now The Time To Put Texmaco Rail & Engineering (NSE:TEXRAIL) On Your Watchlist?
Feb 08
It'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 is not paying a notable dividend for the Indian market, therefore no need to check if payments are stable.
Growing Dividend: TEXRAIL is not paying a notable dividend for the Indian market, therefore no need to check if payments are increasing.
Dividend Yield vs Market
| Texmaco Rail & Engineering Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TEXRAIL) | 0.08% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Machinery) | 0.6% |
| Analyst forecast in 3 Years (TEXRAIL) | n/a |
Notable Dividend: TEXRAIL's dividend (0.084%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: TEXRAIL's dividend (0.084%) is low compared to the top 25% of dividend payers in the Indian market (1.18%).
Earnings Payout to Shareholders
Earnings Coverage: TEXRAIL is not paying a notable dividend for the Indian market.
Cash Payout to Shareholders
Cash Flow Coverage: TEXRAIL is paying a dividend but the company has no free cash flows.