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POWERGRID

Power Grid Corporation of India Ltd

₹315.05

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 ₹2,93,015.52Cr. Its share price is ₹315.05 as on 21 November,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 5%.

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: 5%
  • Annual dividend payment: ₹15.75

History of Power Grid Corporation of India Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD 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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Power Grid Corporation of India Ltd Dividend v/s Power Grid Corporation of India Ltd Share price

FAQs

Power Grid Corporation of India Ltd current market price is ₹315.05 per share

Power Grid Corporation of India Ltd has declared dividend worth ₹11.75 in the last year.

Power Grid Corporation of India Ltd has declared dividend worth ₹4.50 in the latest quarter.

Power Grid Corporation of India Ltd has declared dividend on 06/11/2024 of ₹4.50.

Power Grid Corporation of India Ltd has declared dividend 2 times of ₹7.25 in the current financial year (FY2024-2025)

Power Grid Corporation of India Ltd has declared dividend 3 times of ₹13.25 in the previous financial year (FY2023-2024)