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TORNTPOWER

Torrent Power Ltd

₹1,510.05

Torrent Power Ltd Dividend 2024 : Should Torrent Power Ltd be a part of your dividend portfolio?

Torrent Power Ltd is one of the most popular Utilities company in the world with a market capitalisation of ₹72,623.60Cr. Its share price is ₹1,510.05 as on 13 July,2024.

The dividend is a percentage of earnings paid out to shareholders. Last year, Torrent Power Ltd gave ₹20 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 Torrent Power Ltd pays dividends to reward its shareholders.
  • In the quarter ending March 2024, Torrent Power Ltd has declared dividend of ₹4 - translating a dividend yield of 1.32%.

Let's look at Torrent Power Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:

  • Torrent Power Ltd’s revenue were ₹6,625.45Cr in the quarter ending March 2024. The revenue grew by 8.02% year on year basis since last quarter.
  • Torrent Power Ltd’s profits were ₹430.24Cr in the quarter ending March 2024. The profits fell by -4.19% year on year basis since last quarter.
  • Torrent Power Ltd’s dividend was ₹4 in the quarter ending March 2024.

Torrent Power Ltd Dividend related ratios:

  • Last dividend date: 22/05/2024
  • Current Dividend Yield: 1.32%
  • Annual dividend payment: ₹20

Torrent Power Ltd Dividend v/s Torrent Power Ltd Share price

History of Torrent Power Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATE
14/06/2024
CASH
₹4
22/05/2024
14/06/2024
16/02/2024
CASH
₹12
08/02/2024
16/02/2024
16/06/2023
CASH
₹4
29/05/2023
16/06/2023
22/02/2023
CASH
₹9
14/02/2023
22/02/2023
22/02/2023
CASH
₹13
14/02/2023
22/02/2023
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FAQs

Torrent Power Ltd current market price is ₹1,510.05 per share

Torrent Power Ltd has declared dividend worth ₹16 in the last year.

Torrent Power Ltd has declared dividend worth ₹4 in the latest quarter.

Torrent Power Ltd has declared dividend on 22/05/2024 of ₹4.

Torrent Power Ltd has declared dividend 1 times of ₹4 in the current financial year (FY2024-2025)

Torrent Power Ltd has declared dividend 2 times of ₹16 in the previous financial year (FY2023-2024)