Triveni Turbine (NSE:TRITURBINE) Dividend Payout Ratio : 0.54 (As of Mar. 2024)

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What is Triveni Turbine Dividend Payout Ratio?

Triveni Turbine's dividend payout ratio for the months ended in Mar. 2024 was 0.54.

The historical rank and industry rank for Triveni Turbine's Dividend Payout Ratio or its related term are showing as below:

NSE:TRITURBINE' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.13 Med: 0.18 Max: 0.54
Current: 0.15

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.

NSE:TRITURBINE's Dividend Payout Ratio is ranked better than
80.75% of 1662 companies
in the Industrial Products industry
Industry Median: 0.33 vs NSE:TRITURBINE: 0.15

As of today (2024-06-20), the Dividend Yield % of Triveni Turbine is 0.22%.

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

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

During the past 12 months, Triveni Turbine's average Dividends Per Share Growth Rate was 52.90% per year.

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.

The growth rate is calculated with least square regression.

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

Triveni Turbine Dividend Payout Ratio Historical Data

The historical data trend for Triveni Turbine's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

Triveni Turbine Dividend Payout Ratio Chart

Triveni Turbine Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Dividend Payout Ratio

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0.14

0.46

0.14

0.15

Triveni Turbine Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Dividend Payout Ratio	Get a 7-Day Free Trial															-	-	-	-	0.54

Competitive Comparison of Triveni Turbine's Dividend Payout Ratio

For the Specialty Industrial Machinery subindustry, Triveni Turbine's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Triveni Turbine's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Triveni Turbine's Dividend Payout Ratio falls into.

Triveni Turbine Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

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

Dividend Payout Ratio	=	Dividends per Share (A: Mar. 2024 )	/	EPS without NRI (A: Mar. 2024 )
	=	1.3	/	8.47
	=	0.15

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

Triveni Turbine (NSE:TRITURBINE) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Triveni Turbine Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Triveni Turbine's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Triveni Turbine (NSE:TRITURBINE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Triveni Turbine Ltd (NSE:TRITURBINE) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

533655:India

Address

Express Trade Towers, 8th Floor, 15-16, Sector 16A, Noida, UP, IND, 201301

Website

https://www.triveniturbines.com

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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