POWERGRID
Power Grid Corporation of India Ltd
₹315.80
Power Grid Corporation of India Ltd Dividend 2024 : Should Power Grid Corporation of India Ltd be a part of your dividend portfolio?
Power Grid Corporation of India Ltd is one of the most popular Utilities company in the world with a market capitalisation of ₹2,93,666.57Cr. Its share price is ₹315.80 as on 21 December,2024.The dividend is a percentage of earnings paid out to shareholders. Last year, Power Grid Corporation of India Ltd gave ₹15.75 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
- Utilities stocks do not always pay a dividend but as Power Grid Corporation of India Ltd pays dividends to reward its shareholders.
- In the quarter ending September 2024, Power Grid Corporation of India Ltd has declared dividend of ₹4.50 - translating a dividend yield of 4.99%.
Let's look at Power Grid Corporation of India Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Power Grid Corporation of India Ltd’s revenue were ₹12,091.70Cr in the quarter ending September 2024. The revenue grew by 4.87% year on year basis since last quarter.
- Power Grid Corporation of India Ltd’s profits were ₹3,793.02Cr in the quarter ending September 2024. The profits grew by 0.31% year on year basis since last quarter.
- Power Grid Corporation of India Ltd’s dividend was ₹4.50 in the quarter ending September 2024.
Power Grid Corporation of India Ltd Dividend related ratios:
- Last dividend date: 06/11/2024
- Current Dividend Yield: 4.99%
- Annual dividend payment: ₹15.75
History of Power Grid Corporation of India Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
14/11/2024 | CASH | ₹4.50 | 06/11/2024 | 14/11/2024 |
16/08/2024 | CASH | ₹2.75 | 22/05/2024 | 16/08/2024 |
15/02/2024 | CASH | ₹4.50 | 07/02/2024 | 15/02/2024 |
16/11/2023 | CASH | ₹4 | 07/11/2023 | 16/11/2023 |
08/08/2023 | CASH | ₹4.75 | 19/05/2023 | 08/08/2023 |
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