PGINVIT
Powergrid Infrastructure Investment Trust
₹98.23
Powergrid Infrastructure Investment Trust Dividend 2024 : Should Powergrid Infrastructure Investment Trust be a part of your dividend portfolio?
Powergrid Infrastructure Investment Trust is one of the most popular Real Estate company in the world with a market capitalisation of ₹8,965.31Cr. Its share price is ₹98.23 as on 19 April,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Powergrid Infrastructure Investment Trust gave ₹15 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 Powergrid Infrastructure Investment Trust pays dividends to reward its shareholders.
- In the quarter ending December 2023, Powergrid Infrastructure Investment Trust has declared dividend of ₹3 - translating a dividend yield of 15.27%.
Let's look at Powergrid Infrastructure Investment Trust’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Powergrid Infrastructure Investment Trust’s revenue were ₹329.35Cr in the quarter ending December 2023. The revenuefell by -0.52% year on year basis since last quarter.
- Powergrid Infrastructure Investment Trust’s profits were ₹198.60Cr in the quarter ending December 2023. The profits fell by -5.07% year on year basis since last quarter.
- Powergrid Infrastructure Investment Trust’s dividend was ₹3 in the quarter ending December 2023.
Powergrid Infrastructure Investment Trust Dividend related ratios:
- Last dividend date: 24/01/2024
- Current Dividend Yield: 15.27%
- Annual dividend payment: ₹15
History of Powergrid Infrastructure Investment Trust's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
30/01/2024 | CASH | ₹3 | 24/01/2024 | 30/01/2024 |
13/11/2023 | CASH | ₹3 | 08/11/2023 | 14/11/2023 |
02/08/2023 | CASH | ₹3 | 27/07/2023 | 02/08/2023 |
31/05/2023 | CASH | ₹3 | 25/05/2023 | 31/05/2023 |
30/01/2023 | CASH | ₹3 | 24/01/2023 | 30/01/2023 |
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