INDIGRID
India Grid Trust
₹136.97
India Grid Trust Dividend 2024 : Should India Grid Trust be a part of your dividend portfolio?
India Grid Trust is one of the most popular Real Estate company in the world with a market capitalisation of ₹10,716.73Cr. Its share price is ₹136.97 as on 24 April,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, India Grid Trust gave ₹17.30 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
- Real Estate stocks do not always pay a dividend but as India Grid Trust pays dividends to reward its shareholders.
- In the quarter ending December 2023, India Grid Trust has declared dividend of ₹3.55 - translating a dividend yield of 12.63%.
Let's look at India Grid Trust’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- India Grid Trust’s revenue were ₹788.44Cr in the quarter ending December 2023. The revenue grew by 29.88% year on year basis since last quarter.
- India Grid Trust’s profits were ₹89.47Cr in the quarter ending December 2023. The profits fell by -23.81% year on year basis since last quarter.
- India Grid Trust’s dividend was ₹3.55 in the quarter ending December 2023.
India Grid Trust Dividend related ratios:
- Last dividend date: 25/01/2024
- Current Dividend Yield: 12.63%
- Annual dividend payment: ₹17.30
History of India Grid Trust's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
31/01/2024 | CASH | ₹3.55 | 25/01/2024 | 31/01/2024 |
09/11/2023 | CASH | ₹3.55 | 03/11/2023 | 09/11/2023 |
03/08/2023 | CASH | ₹3.45 | 28/07/2023 | 03/08/2023 |
18/05/2023 | CASH | ₹3.45 | 12/05/2023 | 18/05/2023 |
31/01/2023 | CASH | ₹3.30 | 25/01/2023 | 31/01/2023 |
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