DPSCLTD
India Power Corporation Ltd
₹18.20
India Power Corporation Ltd Dividend 2024 : Should India Power Corporation Ltd be a part of your dividend portfolio?
India Power Corporation Ltd is one of the most popular Utilities company in the world with a market capitalisation of ₹1,733.35Cr. Its share price is ₹18.20 as on 30 April,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, India Power Corporation Ltd gave ₹0.10 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 India Power Corporation Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2023, India Power Corporation Ltd has declared dividend of ₹0.05 - translating a dividend yield of 0.55%.
Let's look at India Power Corporation Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- India Power Corporation Ltd’s revenue were ₹152.59Cr in the quarter ending December 2023. The revenuefell by -8.23% year on year basis since last quarter.
- India Power Corporation Ltd’s profits were ₹3.98Cr in the quarter ending December 2023. The profits grew by 27.56% year on year basis since last quarter.
- India Power Corporation Ltd’s dividend was ₹0.05 in the quarter ending March 2023.
India Power Corporation Ltd Dividend related ratios:
- Last dividend date: 25/05/2023
- Current Dividend Yield: 0.55%
- Annual dividend payment: ₹0.10
History of India Power Corporation Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
15/09/2023 | CASH | ₹0.05 | 25/05/2023 | 15/09/2023 |
08/09/2022 | CASH | ₹0.05 | 27/05/2022 | 10/09/2022 |
08/09/2021 | CASH | ₹0.05 | 11/06/2021 | 13/09/2021 |
22/09/2020 | CASH | ₹0.05 | 25/06/2020 | 24/09/2020 |
01/08/2019 | CASH | ₹0.05 | 23/05/2019 | 05/08/2019 |
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