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INDIGRID

India Grid Trust

₹136.42

India Grid Trust Dividend 2024 : Should India Grid Trust be a part of your dividend portfolio?

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 12.68%.

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 ₹824.39Cr in the quarter ending March 2024. The revenue grew by 31.93% year on year basis since last quarter.
  • India Grid Trust’s profits were ₹55.67Cr in the quarter ending March 2024. The profits fell by -58.75% 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: 12.68%
  • Annual dividend payment: ₹17.30

India Grid Trust Dividend v/s India Grid Trust Share price

History of India Grid Trust's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD 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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FAQs

India Grid Trust current market price is ₹136.42 per share

India Grid Trust has declared dividend worth ₹10.55 in the last year.

India Grid Trust has declared dividend worth ₹3.55 in the latest quarter.

India Grid Trust has declared dividend on 25/01/2024 of ₹3.55.

India Grid Trust has declared dividend 4 times of ₹14 in the previous financial year (FY2023-2024)