TORNTPOWER
Torrent Power Ltd
₹1,502.10
Torrent Power Ltd Dividend 2024 : Should Torrent Power Ltd be a part of your dividend portfolio?
Torrent Power Ltd is one of the most popular Utilities company in the world with a market capitalisation of ₹75,706.47Cr. Its share price is ₹1,502.10 as on 26 December,2024.The dividend is a percentage of earnings paid out to shareholders. Last year, Torrent Power Ltd gave ₹20 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 Torrent Power Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2024, Torrent Power Ltd has declared dividend of ₹4 - translating a dividend yield of 1.33%.
Let's look at Torrent Power Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Torrent Power Ltd’s revenue were ₹7,300.51Cr in the quarter ending September 2024. The revenue grew by 3.27% year on year basis since last quarter.
- Torrent Power Ltd’s profits were ₹481.03Cr in the quarter ending September 2024. The profits fell by -8.53% year on year basis since last quarter.
- Torrent Power Ltd’s dividend was ₹4 in the quarter ending March 2024.
Torrent Power Ltd Dividend related ratios:
- Last dividend date: 22/05/2024
- Current Dividend Yield: 1.33%
- Annual dividend payment: ₹20
History of Torrent Power Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
14/06/2024 | CASH | ₹4 | 22/05/2024 | 14/06/2024 |
16/02/2024 | CASH | ₹12 | 08/02/2024 | 16/02/2024 |
16/06/2023 | CASH | ₹4 | 29/05/2023 | 16/06/2023 |
22/02/2023 | CASH | ₹9 | 14/02/2023 | 22/02/2023 |
22/02/2023 | CASH | ₹13 | 14/02/2023 | 22/02/2023 |
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