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Dividend of Power Grid Corporation Of India Ltd

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Power Grid Corporation of India Ltd

NSE: POWERGRID

Dividend Payout (Interim 1)

₹ 4.5

Ex-Dividend Date: Nov 14, 2024

Key Highlights

  • Power Grid Corporation of India Ltd dividend yield is 3.75%.
  • Power Grid Corporation of India Ltd has declared 6 dividends since 2023.
  • In the past 12 months, Power Grid Corporation of India Ltd has given a dividend of ₹13.00 per share.
  • The Latest Trading Price of Power Grid Corporation of India Ltd is ₹ 287.55 as of 13 Jan 16:01 .

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Monitoring Power Grid Corporation of India Ltd share price can help you stay informed about potential market shifts and opportunities.

Historical Dividend Payouts of Power Grid Corporation of India Ltd

Fiscal Year
leftDividend Payout (₹)right
2024-255
2023-243
2023-245
2023-244
2022-235

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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Power Grid Corporation of India Ltd

NSE: POWERGRID

Share Price

₹ 287.55

-12.25 (-4.09%)

stock direction

Last updated on: Jan 13, 2025

Company Fundamentals for Power Grid Corporation of India Ltd

Dividend Payout Over Time

No data available

Net Profit Vs Dividend Per Share

SWOT Analysis Of Power Grid Corporation of India Ltd

Strength

2

che

Weakness

1

che

Opportunity

0

che

Threats

0

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BlinkX Score for Power Grid Corporation of India Ltd

Historical Market Cap of Power Grid Corporation of India Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Power Grid Corporation of India Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

Power Grid Corporation of India Ltd News Hub

Power Grid Corporation of India to convene AGM

Power Grid Corporation of India announced that the 25th Annual General Meeting (AGM) of the company

Read more

2024-08-01 00:00:00

Power Grid announces cessation of two executive directors

Power Grid Corporation of India announced the cessation of Upendra Pande and Upananda Kataki as Exec

Read more

2024-08-31 00:00:00

Power Grid acquires Bhadla-III & Bikaner-III Transmission under TBCB route

Power Grid Corporation of India, pursuant to its selection as the successful bidder under Tariff bas

Read more

2024-08-31 00:00:00

Power Grid acquires Bhadla-III Power Transmission

Power Grid Corporation of India, pursuant to its selection as the successful bidder under Tariff bas

Read more

2024-08-28 00:00:00

About Power Grid Corporation of India Ltd

  • Power Grid Corporation of India Limited (PGCIL), a Public Sector Undertaking is India's principal electric power transmission company.
  • The Company is engaged in in implementation, operation and maintenance of Inter-State Transmission System (ISTS), Telecom and Consultancy Services.
  • It owns and operates 90% of India's interstate and inter-regional electric power transmission system.
  • The Company has diversified into telecom business to utilize spare telecommunication capacity of unified load dispatch center (ULDC) schemes, using countrywide transmission infrastructure. Power Grid Corporation of India Limited was incorporated on October 23, 1989 with the name National Power Transmission Corporation Limited.
  • The Company was established with the responsibility of planning, executing, owning, operating and maintaining the high voltage transmission systems in the country.

FAQs for Dividends of Power Grid Corporation of India Ltd

What is the current market price of Power Grid Corporation of India Ltd as of January 13, 2025?

The current market price of Power Grid Corporation of India Ltd stands at 287.5 per share.

What dividend did Power Grid Corporation of India Ltd declare in the last fiscal year?

In the last fiscal year, Power Grid Corporation of India Ltd declared a dividend totaling ₹14.8.

What is the most recent dividend declared by Power Grid Corporation of India Ltd?

Power Grid Corporation of India Ltd has declared dividend worth ₹4.5 in the latest quarter..

How many times has Power Grid Corporation of India Ltd declared dividends in the current fiscal year?

Power Grid Corporation of India Ltd has declared dividends 2 times totaling ₹5 in the current fiscal year (FY2024-2025).

How many times did Power Grid Corporation of India Ltd declare dividends in the previous fiscal year?

In the previous fiscal year (FY2023-2024), Power Grid Corporation of India Ltd declared dividends 4 times totaling ₹14.8.

What is Dividend Yield of Power Grid Corporation of India Ltd?

The Power Grid Corporation of India Ltd's Dividend Yield is 3.8 as of January 13, 2025

Will I get Power Grid Corporation of India Ltd dividend if I have shares?

If you purchase Power Grid Corporation of India Ltd 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 Power Grid Corporation of India Ltd dividend if I sell my shares?

Shareholders who sell their Power Grid Corporation of India Ltd stock before the ex-dividend date do not receive the dividend.

How do I check if I am eligible for a Power Grid Corporation of India Ltd dividend?

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

Is Power Grid Corporation of India Ltd dividend automatically credited to a bank account?

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

Will I get Power Grid Corporation of India Ltd dividend if I have shares?

If you purchase Power Grid Corporation of India Ltd 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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