Triveni Engineering & Industries Dividend
Dividend criteria checks 2/6
Triveni Engineering & Industries is a dividend paying company with a current yield of 0.52% that is well covered by earnings. Next payment date is on 13th October, 2024 with an ex-dividend date of 6th September, 2024.
Key information
0.5%
Dividend yield
19%
Payout ratio
| Industry average yield | 0.9% |
| Next dividend pay date | 13 Oct 24 |
| Ex dividend date | 06 Sep 24 |
| Dividend per share | ₹2.500 |
| Earnings per share | ₹16.39 |
| Dividend yield forecast in 3Y | 0.7% |
Recent dividend updates
Triveni Engineering & Industries (NSE:TRIVENI) Will Pay A Smaller Dividend Than Last Year
Aug 31
Triveni Engineering & Industries' (NSE:TRIVENI) Dividend Will Be Reduced To ₹1.25
Aug 17Triveni Engineering & Industries (NSE:TRIVENI) Is Reducing Its Dividend To ₹1.25
Jul 22Triveni Engineering & Industries (NSE:TRIVENI) Will Pay A Smaller Dividend Than Last Year
Jun 19Triveni Engineering & Industries (NSE:TRIVENI) Is Reducing Its Dividend To ₹1.25
May 29Recent updates
Triveni Engineering & Industries (NSE:TRIVENI) Will Pay A Smaller Dividend Than Last Year
Aug 31Triveni Engineering & Industries' (NSE:TRIVENI) Dividend Will Be Reduced To ₹1.25
Aug 17Triveni Engineering & Industries (NSE:TRIVENI) Is Reducing Its Dividend To ₹1.25
Jul 22Is Now An Opportune Moment To Examine Triveni Engineering & Industries Limited (NSE:TRIVENI)?
Jul 21There's Reason For Concern Over Triveni Engineering & Industries Limited's (NSE:TRIVENI) Massive 29% Price Jump
Jul 05Triveni Engineering & Industries (NSE:TRIVENI) Will Pay A Smaller Dividend Than Last Year
Jun 19Triveni Engineering & Industries (NSE:TRIVENI) Is Reducing Its Dividend To ₹1.25
May 29Why Investors Shouldn't Be Surprised By Triveni Engineering & Industries Limited's (NSE:TRIVENI) Low P/E
Feb 21Triveni Engineering & Industries Limited (NSE:TRIVENI) Shares Could Be 25% Below Their Intrinsic Value Estimate
Dec 08Here's Why Triveni Engineering & Industries (NSE:TRIVENI) Has Caught The Eye Of Investors
Oct 24Here's Why Triveni Engineering & Industries (NSE:TRIVENI) Can Manage Its Debt Responsibly
Sep 10Does This Valuation Of Triveni Engineering & Industries Limited (NSE:TRIVENI) Imply Investors Are Overpaying?
Jul 22Should You Think About Buying Triveni Engineering & Industries Limited (NSE:TRIVENI) Now?
Mar 09Some Investors May Be Worried About Triveni Engineering & Industries' (NSE:TRIVENI) Returns On Capital
Feb 08Is Triveni Engineering & Industries (NSE:TRIVENI) Using Too Much Debt?
Dec 26With EPS Growth And More, Triveni Engineering & Industries (NSE:TRIVENI) Makes An Interesting Case
Oct 09There Are Reasons To Feel Uneasy About Triveni Engineering & Industries' (NSE:TRIVENI) Returns On Capital
Sep 20A Look At The Fair Value Of Triveni Engineering & Industries Limited (NSE:TRIVENI)
Aug 05Triveni Engineering & Industries (NSE:TRIVENI) Is Reinvesting At Lower Rates Of Return
Jun 21Does Triveni Engineering & Industries (NSE:TRIVENI) Have A Healthy Balance Sheet?
May 26If You Like EPS Growth Then Check Out Triveni Engineering & Industries (NSE:TRIVENI) Before It's Too Late
May 12These 4 Measures Indicate That Triveni Engineering & Industries (NSE:TRIVENI) Is Using Debt Reasonably Well
Feb 15If You Like EPS Growth Then Check Out Triveni Engineering & Industries (NSE:TRIVENI) Before It's Too Late
Jan 31Why You Should Care About Triveni Engineering & Industries' (NSE:TRIVENI) Strong Returns On Capital
Jan 19Estimating The Intrinsic Value Of Triveni Engineering & Industries Limited (NSE:TRIVENI)
Oct 26Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TRIVENI has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: TRIVENI's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Triveni Engineering & Industries Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TRIVENI) | 0.5% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Food) | 0.9% |
| Analyst forecast in 3 Years (TRIVENI) | 0.7% |
Notable Dividend: TRIVENI's dividend (0.52%) is higher than the bottom 25% of dividend payers in the Indian market (0.24%).
High Dividend: TRIVENI's dividend (0.52%) is low compared to the top 25% of dividend payers in the Indian market (1.06%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (19.4%), TRIVENI's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: TRIVENI is paying a dividend but the company has no free cash flows.