Titagarh Rail Systems Ltd initiates Dividend to reward investors in 2024
0.1%
Div. Yield
3.76%
Payout Rat.
Titagarh Rail Systems Ltd has announced an Dividend for the year 2024, paying ₹0.80 per share. To qualify for this dividend, investors must own shares before August 19, 2024, the ex-dividend date. With its stock priced at ₹1475.10, this payout is expected to be positively received by the market.
In 2023, Titagarh Rail Systems Ltd rewarded its shareholders with a Final Dividend of ₹0.50 per share. The company’s dividend payout ratio of 3.76% reflects its commitment to distributing profits while maintaining strong financial health. With a dividend yield of 0.10%, investors can gauge the return relative to the stock price.
Dividend Yield History
| Year | Yield |
|---|---|
| 2024 | 0.05% |
| 2023 | 0.06% |
Dividend Payment History
| Ex-Div Date | Amount | Type | Share Price |
|---|---|---|---|
| August 19, 2024 | ₹0.80 | Dividend | ₹1475.1 |
| September 21, 2023 | ₹0.50 | Final Dividend | ₹783.25 |
Dividend Stars
| Stock Name | Median Yield | Current Yield |
|---|---|---|
 Oracle Financial Services Software Ltd NSE: OFSS | 5.42% | 2.82% |
 Indian Oil Corporation Ltd NSE: IOC | 3.88% | 8.65% |
 Hindustan Petroleum Corporation Ltd NSE: HINDPETRO | 3.60% | 5.35% |
 Gail India Ltd NSE: GAIL | 3.34% | 3.57% |
 Bajaj Auto Ltd NSE: BAJAJ-AUTO | 3.16% | 2.51% |
FAQs
Titagarh Rail Systems Ltd has declared dividend worth ₹0.80
Titagarh Rail Systems Ltd has declared dividend on August 19, 2024
As of February 17, 2025, the dividend yield for Titagarh Rail Systems Ltd is 0.10%
The most recent dividend payment for Titagarh Rail Systems Ltd was ₹0.80 per share.
The current dividend payout ratio for Titagarh Rail Systems Ltd is 3.76%