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POWERGRID

Power Grid Corporation of India Ltd

₹343.85

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 ₹3,19,150.22Cr. Its share price is ₹343.85 as on 15 July,2024.

The dividend is a percentage of earnings paid out to shareholders. Last year, Power Grid Corporation of India Ltd gave ₹13.25 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 December 2023, Power Grid Corporation of India Ltd has declared dividend of ₹4.50 - translating a dividend yield of 3.85%.

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 ₹12,367.12Cr in the quarter ending March 2024. The revenuefell by -1.52% year on year basis since last quarter.
  • Power Grid Corporation of India Ltd’s profits were ₹4,166.33Cr in the quarter ending March 2024. The profits fell by -3.62% year on year basis since last quarter.
  • Power Grid Corporation of India Ltd’s dividend was ₹4.50 in the quarter ending December 2023.

Power Grid Corporation of India Ltd Dividend related ratios:

  • Last dividend date: 07/02/2024
  • Current Dividend Yield: 3.85%
  • Annual dividend payment: ₹13.25

Power Grid Corporation of India Ltd Dividend v/s Power Grid Corporation of India Ltd Share price

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

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATE
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
08/02/2023
CASH
₹5
31/01/2023
08/02/2023
14/11/2022
CASH
₹5
05/11/2022
15/11/2022
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FAQs

Power Grid Corporation of India Ltd current market price is ₹343.85 per share

Power Grid Corporation of India Ltd has declared dividend worth ₹8.50 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 07/02/2024 of ₹4.50.

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