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Triveni Turbine (NSE:TRITURBINE) 3-Year Dividend Growth Rate : 0.00% (As of Mar. 2024)


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What is Triveni Turbine 3-Year Dividend Growth Rate?

Triveni Turbine's Dividends per Share for the three months ended in Mar. 2024 was ₹1.30.

The historical rank and industry rank for Triveni Turbine's 3-Year Dividend Growth Rate or its related term are showing as below:

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Triveni Turbine was 55.70% per year. The lowest was -31.40% per year. And the median was 16.90% per year.

NSE:TRITURBINE's 3-Year Dividend Growth Rate is not ranked *
in the Industrial Products industry.
Industry Median: 12.35
* Ranked among companies with meaningful 3-Year Dividend Growth Rate only.

During the past 12 months, Triveni Turbine's average Dividends Per Share Growth Rate was 52.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Triveni Turbine's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.54. As of today, Triveni Turbine's Dividend Yield % is 0.23%.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Triveni Turbine's 3-Year Dividend Growth Rate

For the Specialty Industrial Machinery subindustry, Triveni Turbine's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Triveni Turbine's 3-Year Dividend Growth Rate Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Triveni Turbine's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Triveni Turbine's 3-Year Dividend Growth Rate falls into.



Triveni Turbine 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Triveni Turbine  (NSE:TRITURBINE) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Triveni Turbine's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ EPS without NRI (Q: Mar. 2024 )
=1.3/ 2.39
=0.54

During the past 13 years, the highest Dividend Payout Ratio of Triveni Turbine was 0.54. The lowest was 0.13. And the median was 0.18.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Triveni Turbine Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
INR 1.3000002024-02-162024-02-162024-02-27Cash Dividendsemi-annuallyINR:INR 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Triveni Turbine's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.3/575.05
=0.23 %

Current Share Price is ₹575.05.
Triveni Turbine's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹1.3.

During the past 13 years, the highest Dividend Yield of Triveni Turbine was 1.98%. The lowest was 0.19%. And the median was 0.71%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Triveni Turbine 3-Year Dividend Growth Rate Related Terms>


Triveni Turbine (NSE:TRITURBINE) Business Description

Traded in Other Exchanges
Address
Express Trade Towers, 8th Floor, 15-16, Sector 16A, Noida, UP, IND, 201301
Triveni Turbine Ltd is an India-based company that supplies power-generating equipment and solutions. The company offers back-pressure and condensing steam turbines, related spare parts, and aftermarket services. In addition, the company owns a partial stake in GE Triveni Limited, a joint venture cofounded by General Electric and Triveni Turbine. This joint venture offers a portfolio of steam turbine products in the global industrial power-generation market. Triveni Turbine's products are used in sectors including sugar, distillery, palm oil, independent power producers, and textiles. The company generates the majority of its sales from the Indian domestic market.

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