Trident Share Price Target 2030

Today in this post, I have given information about the shares of Trident Company and Trident Share Price Target 2030, I believe you must have read it completely and after reading you will get answers to all your questions.

Founder of Trident Company

The founder of Trident Limited and Honorary Chairman of the company is Mr. Rajendra Gupta. He is a first generation entrepreneur with rich and varied experience in promoting various industrial enterprises for over three decades and is actively associated with several philanthropic ventures.

Shri Rajinder Gupta was awarded the prestigious Padma Shri in 2007 by the then President of India Shri APJ Abdul Kalam for his distinguished services in the field of trade and industry. Shri Rajinder Gupta was also awarded the ‘Udyog Ratna’ award for the year 2005 by the PHD Chamber of Commerce and Industry and the ‘PHD Chamber of Commerce Distinguished Entrepreneurship Award, 2005’ by the then President of India. He was part of an advanced management program at Harvard Business School.

NSE: Trident

Trident Company’s core activities Trident Group is one of India’s leading global amalgamation textile fabric manufacturers with business of home textile products, paper, chemicals and yarn solutions. Trident Group is a global player. Headquartered in Ludhiana, Punjab, Trident is the largest terry towel and wheat straw based paper manufacturer in the world.

Trident Share

• Today Share price of Trident Company as on 12 May 2023.

• Balance sheet of Trident Company (2023)

• Cash Flow of Trident Company (2023)

• Profit and Lose of Trident Company

Trident Share Dividend

Trident has declared an equity dividend of 36.00% @ Rs 0.36 per share for the year ending March 2022. At the current share price of Rs 32.10, this results in a dividend yield of 1.12%.

The company has a good dividend track report and has declared dividend continuously for the last 5 years.

if you want to know that how to earn money by credit card and Destiny Mastercard: The Ultimate Tool for Financial Freedom so read this.

Trident Share Dividend History

Dividends paid by Trident Company a few years back.

Announcement Date	Ex-Date	Dividend Type	Dividend (Rs)	Dividend (%)	Remarks
01-08-2022	18-08-2022	Interim	0.36	36	Rs.0.36000 per share (36%) First Interim Dividend
12-10-2021	28-10-2021	Interim	0.36	36	Rs.0.3600 per share(36%)Interim Dividend
17-05-2021	25-05-2021	Final	0.36	36	Rs.0.3600 per share(36%)Final Dividend
12-02-2020	27-02-2020	Interim	0.18	18	Rs.0.1800 per share(18%)Third Interim Dividend
24-10-2019	07-11-2019	Interim	0.90	9	Rs.0.9000 per share(9%)Second Interim Dividend
15-07-2019	08-08-2019	Interim	0.90	9	Rs.0.9000 per share(9%)First Interim Dividend
13-05-2019	29-05-2019	Final	0.60	6	Rs.0.6000 per share(6%)Final Dividend
07-01-2019	24-01-2019	Interim	1.20	12	Rs.1.2000 per share(12%)Third Interim Dividend
10-10-2018	23-10-2018	Interim	0.60	6	Rs.0.6000 per share(6%)Second Interim Dividend
10-07-2018	14-08-2018	Interim	0.60	6	Rs.0.6000 per share(6%)First Interim Dividend
07-05-2018	24-05-2018	Final	0.30	3	Rs.0.3000 per share(3%)Final Dividend
18-01-2018	05-02-2018	Interim	0.60	6	Rs.0.6000 per share(6%)Second Interim Dividend
16-08-2017	23-08-2017	Interim	0.60	6	Rs.0.6000 per share(6%)Interim Dividend.
09-05-2017	25-05-2017	Final	0.30	3	Rs.0.3000 per share(3%)Final Dividend.
03-01-2017	25-01-2017	Interim	0.60	6	Rs.0.6000 per share(6%)Second Interim Dividend
08-08-2016	18-08-2016	Interim	0.60	6	Rs.0.6000 per share(6%)Interim Dividend
13-05-2016	26-05-2016	Final	0.30	3	Rs.0.3000 per share(3%)Final Dividend
20-10-2015	02-11-2015	Interim	0.30	3	Rs.0.3000 per share(3%)Second Interim Dividend
15-07-2015	30-07-2015	Interim	0.30	3	Rs.0.3000 per share(3%)First Interim Dividend
06-02-2015	18-02-2015	Interim	0.30	3	Rs.0.3000 per share (3%) Second Interim Dividend
15-05-2014	19-09-2014	Final	0.30	3	Rs.0.3000 per share(3%)Dividend (BC Dates revised from 13/09/2014 to 24/09/2014)
06-08-2014	13-08-2014	Interim	0.30	3	Rs.0.3000 per share(3%)Interim Dividend
17-05-2011	22-09-2011	Final	1.20	12
25-05-2006	14-09-2006	Final	1.00	10

Trident Share Price Target 2030

Trident Company is continuously focusing on increasing its business. In the FMCG sector too, the company’s own products can be seen in the coming days. If the company continues to grow like this, then by 2030, the first target of this stock can be seen at Rs 550.

Pros and Cons of Trident Company

There are some advantages and disadvantages of Trident company as well.

Pros

• registered a healthy profit growth of 19.9% ​​CAGR in the last 5 year.
• The company maintains a healthy dividend payout of 45.0%.
• The company has reduced debt.

Cons

• The company has registered a poor sales growth of 8.63% in the last five years.
• Company can spend capital.
• The stock is trading at 4.28 Example of its book forum.

FAQ