TATAPOWER
Tata Power Company Ltd
₹259.85
Tata Power Company Ltd Dividend 2023 : Should Tata Power Company Ltd be a part of your dividend portfolio?
Tata Power Company Ltd is one of the most popular Utilities company in the world with a market capitalisation of ₹82,104.25Cr. Its share price is ₹259.85 as on 27 September,2023.
The dividend is a percentage of earnings paid out to shareholders. Last year, Tata Power Company Ltd gave ₹3.75 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 Tata Power Company Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2023, Tata Power Company Ltd has declared dividend of ₹2 - translating a dividend yield of 1.44%.
Let's look at Tata Power Company Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Tata Power Company Ltd’s revenue were ₹16,090.34Cr in the quarter ending June 2023. The revenue grew by 2.34% year on year basis since last quarter.
- Tata Power Company Ltd’s profits were ₹972.49Cr in the quarter ending June 2023. The profits grew by 22.39% year on year basis since last quarter.
- Tata Power Company Ltd’s dividend was ₹2 in the quarter ending March 2023.
Tata Power Company Ltd Dividend related ratios:
- Last dividend date: 04/05/2023
- Current Dividend Yield: 1.44%
- Annual dividend payment: ₹3.75
History of Tata Power Company Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
07/06/2023 | CASH | ₹2 | 04/05/2023 | 08/06/2023 |
15/06/2022 | CASH | ₹1.75 | 06/05/2022 | 17/06/2022 |
17/06/2021 | CASH | ₹1.55 | 12/05/2021 | 19/06/2021 |
14/07/2020 | CASH | ₹1.55 | 19/05/2020 | 16/07/2020 |
04/06/2019 | CASH | ₹1.30 | 02/05/2019 | 07/06/2019 |
View More
