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Dividend of India Grid Trust

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India Grid Trust

NSE: INDIGRID

Dividend Payout (Final)

₹ 3.75

Ex-Dividend Date: Oct 30, 2024

Key Highlights

  • The Dividend Payouts of India Grid Trust changed from ₹ 3.75 on Oct 30, 2024 to ₹ 3.45 on Aug 03, 2023 . This represents a CAGR of -1.38% over 6 years.
  • The Latest Trading Price of India Grid Trust is ₹ 142.4 as of 13 Dec 10:19 .

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Monitoring India Grid Trust share price can help you stay informed about potential market shifts and opportunities.

Historical Dividend Payouts of India Grid Trust

Fiscal Year
leftDividend Payout (₹)right
2024-254
2024-254
2023-244
2023-244
2023-244

Overview of Dividend

  • <h2><strong>Types of Dividend</strong></h2><br> <h3>Special Dividend</h3> <p>A dividend is paid on common stock when a company has accumulated substantial profits over years, often seen as excess cash that doesn't need immediate use.</p> <br> <h3>Preferred Dividend</h3> <p>A quarterly dividend is paid to preferred stock owners, typically accumulating a fixed amount, and is earned on shares that function more like bonds.</p> <br> <h3>Interim Dividend</h3> <p>Companies declare interim dividends before final full-year accounts are prepared, specifically in India, during the financial year from April to March of the following year.</p> <br> <h3>Final Dividend</h3> <p>A final dividend is issued after the year's accounts have been compiled.
  • Aside from this, the following list highlights the most prevalent sorts of dividends:</p> <br>.

Types of Dividend


Special Dividend

A dividend is paid on common stock when a company has accumulated substantial profits over years, often seen as excess cash that doesn't need immediate use.


Preferred Dividend

A quarterly dividend is paid to preferred stock owners, typically accumulating a fixed amount, and is earned on shares that function more like bonds.


Interim Dividend

Companies declare interim dividends before final full-year accounts are prepared, specifically in India, during the financial year from April to March of the following year.


Final Dividend

A final dividend is issued after the year's accounts have been compiled. Aside from this, the following list highlights the most prevalent sorts of dividends:


Dividend Yield Comparison With Top Peers

* All values are in %

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India Grid Trust

NSE: INDIGRID

Share Price

₹ 142.4

-3.20 (-2.20%)

stock direction

Last updated on: Dec 13, 2024

Company Fundamentals for India Grid Trust

No data available

Dividend Payout Over Time

No data available

Net Profit Vs Dividend Per Share

SWOT Analysis Of India Grid Trust

Strength

3

che

Weakness

2

che

Opportunity

0

che

Threats

2

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BlinkX Score for India Grid Trust

Historical Market Cap of India Grid Trust

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of India Grid Trust

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

India Grid Trust News Hub

India Grid Trust to convene EGM

India Grid Trust announced that an Extra Ordinary General Meeting (EGM) of the Company will be held

Read more

2024-08-29 00:00:00

India Grid Trust to convene EGM

India Grid Trust announced that an Extra Ordinary General Meeting (EGM) of the Company will be held

Read more

2024-08-28 00:00:00

Board of India Grid Trust recommends final dividend

India Grid Trust announced that the Board of Directors of the Company at its meeting held on 25 Octo

Read more

2024-10-26 00:00:00

India Grid Trust to convene board meeting

India Grid Trust will hold a meeting of the Board of Directors of the Company on 25 October 2024. Po

Read more

2024-10-17 00:00:00

About India Grid Trust

  • India Grid Trust is an irrevocable trust settled by Sterlite Power Grid Ventures Limited (the Sponsor) on October 21, 2016 pursuant to the Trust Deed under the Indian Trusts Act, 1882 and registered with Securities Exchange Board of India (SEBI) under the SEBI (Infrastructure Investment Trust) Regulations, 2014 as an Infrastructure Investment Trust on November 28, 2016.
  • The Trustee of IndiGrid is Axis Trustee Services Limited (the Trustee).
  • The Investment Manager for IndiGrid is Sterlite Investment Managers Limited (the Investment Manager or the Management). The objectives of IndiGrid are to undertake activities as an infrastructure investment trust in accordance with the InvIT Regulations and the Trust Deed.
  • The principal activity of IndiGrid is to own and invest in power transmission assets in India with the objective of producing stable and sustainable distributions to Unitholders.

FAQs for Dividends of India Grid Trust

What is the current market price of India Grid Trust as of December 13, 2024?

The current market price of India Grid Trust stands at 142.4 per share.

What dividend did India Grid Trust declare in the last fiscal year?

In the last fiscal year, India Grid Trust declared a dividend totaling ₹0.0.

What is the most recent dividend declared by India Grid Trust?

India Grid Trust has declared dividend worth ₹0.0 in the latest quarter..

How many times has India Grid Trust declared dividends in the current fiscal year?

India Grid Trust has declared dividends 2 times totaling ₹8 in the current fiscal year (FY2024-2025).

How many times did India Grid Trust declare dividends in the previous fiscal year?

In the previous fiscal year (FY2023-2024), India Grid Trust declared dividends 4 times totaling ₹0.0.

What is Dividend Yield of India Grid Trust?

The India Grid Trust's Dividend Yield is 2.2 as of December 13, 2024

Will I get India Grid Trust dividend if I have shares?

If you purchase India Grid Trust stock on or after its ex-dividend date, you won’t receive the next dividend; the seller will. Buy before the ex-dividend date to receive the dividend.

Do I lose my India Grid Trust dividend if I sell my shares?

Shareholders who sell their India Grid Trust stock before the ex-dividend date do not receive the dividend.

How do I check if I am eligible for a India Grid Trust dividend?

To be eligible for the India Grid Trust dividend, you must buy the stock no later than one day before the ex-dividend date.

Is India Grid Trust dividend automatically credited to a bank account?

If your bank mandate is registered with the registrar, the India Grid Trust dividend amount will be automatically credited to your bank account.

Will I get India Grid Trust dividend if I have shares?

If you purchase India Grid Trust stock on or after its ex-dividend date, you won’t receive the next dividend; the seller will. Buy before the ex-dividend date to receive the dividend.
Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.
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