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Dividend of Powergrid Infrastructure Investment Trust

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Powergrid Infrastructure Investment Trust

NSE: PGINVIT

Dividend Payout (Final)

₹ 3

Ex-Dividend Date: Nov 12, 2024

Key Highlights

  • Powergrid Infrastructure Investment Trust dividend yield is 3.59%.
  • Powergrid Infrastructure Investment Trust has declared 6 dividends since 2023.
  • In the past 12 months, Powergrid Infrastructure Investment Trust has given a dividend of ₹12.00 per share.
  • The Latest Trading Price of Powergrid Infrastructure Investment Trust is ₹ 83.47 as of 10 Jan 15:30 .

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Monitoring Powergrid Infrastructure Investment Trust share price can help you stay informed about potential market shifts and opportunities.

Historical Dividend Payouts of Powergrid Infrastructure Investment Trust

Fiscal Year
leftDividend Payout (₹)right
2024-253
2024-253
2023-243
2023-243
2022-233

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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Powergrid Infrastructure Investment Trust

NSE: PGINVIT

Share Price

₹ 83.47

-0.36 (-0.43%)

stock direction

Last updated on: Jan 10, 2025

Company Fundamentals for Powergrid Infrastructure Investment Trust

Dividend Payout Over Time

No data available

Net Profit Vs Dividend Per Share

SWOT Analysis Of Powergrid Infrastructure Investment Trust

Strength

1

che

Weakness

2

che

Opportunity

1

che

Threats

1

che

BlinkX Score for Powergrid Infrastructure Investment Trust

Historical Market Cap of Powergrid Infrastructure Investment Trust

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Powergrid Infrastructure Investment Trust

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

Powergrid Infrastructure Investment Trust News Hub

POWERGRID Infrastructure Investment Trust fixes record date for distribution

POWERGRID Infrastructure Investment Trust has fixed 12 November 2024 as the record date for the purp

Read more

2024-10-30 00:00:00

Powergrid Infrastructure InvestmentTrust to announce Quarterly Result

Powergrid Infrastructure InvestmentTrust will hold a meeting of the Board of Directors of the Compan

Read more

2024-10-26 00:00:00

Powergrid Infrastructure InvestmentTrust to hold board meeting

Powergrid Infrastructure InvestmentTrust will hold a meeting of the Board of Directors of the Compan

Read more

2024-10-31 00:00:00

Board of Powergrid Infrastructure InvestmentTrust recommends final dividend

Powergrid Infrastructure InvestmentTrust announced that the Board of Directors of the Company at its

Read more

2024-11-07 00:00:00

About Powergrid Infrastructure Investment Trust

  • <h2><span style="font-family:&quot;Calibri&quot;,sans-serif;"><strong>About Powergrid Infrastructure Investment Trust Dividend</strong></span></h2><p><span style="font-family:&quot;Calibri&quot;,sans-serif;">POWERGRID Infrastructure Investment Trust (PGInvIT) was set up by Power Grid Corporation of India Limited in 2021 as a trust.
  • The company belongs to the infrastructure sector.
  • PGInvIT is a reputed company in the power sector, with a strong performance through its focus on transmission assets.
  • It provides a dividend yield of 3.17% as of August 2024.
  • People who want to invest might look at PGInvIT's dividend history or PGInvIT's share price and dividend information.

About Powergrid Infrastructure Investment Trust Dividend

POWERGRID Infrastructure Investment Trust (PGInvIT) was set up by Power Grid Corporation of India Limited in 2021 as a trust. The company belongs to the infrastructure sector. PGInvIT is a reputed company in the power sector, with a strong performance through its focus on transmission assets. It provides a dividend yield of 3.17% as of August 2024. People who want to invest might look at PGInvIT's dividend history or PGInvIT's share price and dividend information. The PGInvIT dividend history of 2024 and past years indicates its overall performance. 

Key Highlights of PGInvIT Dividend History

The following are some statistics of PGInvIT dividend history as of August 2024:

  • PGInvIT's market value is ₹8,504 crore.
  • It gives a dividend yield of 3.17%.
  • The dividend per share is ₹3.
  • PGInvIT's dividend payout ratio is 26.69%.
  • As per PGInvIT share dividend history, the company pays an annual dividend of 3%.

Key Financials of PGInvIT

The following is the breakdown of the key financial metrics for Powergrid Infrastructure Investment Trust (PGInvIT) as of August 2024:

  • Market Cap: PGInvIT has a market capitalisation of ₹8,504.85 crore
  • Dividend Yield: The dividend yield stands at 3.21%, indicating the annual dividend income relative to the stock price.
  • Book Value: PGInvIT’s book value is ₹82.87 per share.
  • P/E Ratio (TTM): The trailing twelve months (TTM) P/E ratio is 9.12. This ratio reflects the market’s valuation of the trust relative to its earnings.
  • P/B Ratio: The price-to-book (P/B) ratio is 1.13. It compares the market price per share to the book value per share.
  • Debt to Equity: PGInvIT maintains a low debt-to-equity ratio of 0.07, indicating a conservative capital structure.
     

PGInvIT focuses on revenue from non-transmission activities and improving transmission assets through smart financial planning. The company's dividend policy aims to balance shareholder returns with the need for reinvestment in the business. Investors can consider both the PGInvIT share price and dividend yield and POWERGRID Infrastructure Investment Trust dividend history while making investment decisions. 

FAQs for Dividends of Powergrid Infrastructure Investment Trust

What is the current market price of Powergrid Infrastructure Investment Trust as of January 13, 2025?

The current market price of Powergrid Infrastructure Investment Trust stands at 83.5 per share.

What dividend did Powergrid Infrastructure Investment Trust declare in the last fiscal year?

In the last fiscal year, Powergrid Infrastructure Investment Trust declared a dividend totaling ₹12.0.

What is the most recent dividend declared by Powergrid Infrastructure Investment Trust?

Powergrid Infrastructure Investment Trust has declared dividend worth ₹0.0 in the latest quarter..

How many times has Powergrid Infrastructure Investment Trust declared dividends in the current fiscal year?

Powergrid Infrastructure Investment Trust has declared dividends 2 times totaling ₹3 in the current fiscal year (FY2024-2025).

How many times did Powergrid Infrastructure Investment Trust declare dividends in the previous fiscal year?

In the previous fiscal year (FY2023-2024), Powergrid Infrastructure Investment Trust declared dividends 4 times totaling ₹12.0.

What is Dividend Yield of Powergrid Infrastructure Investment Trust?

The Powergrid Infrastructure Investment Trust's Dividend Yield is 3.6 as of January 13, 2025

Will I get Powergrid Infrastructure Investment Trust dividend if I have shares?

If you purchase Powergrid Infrastructure Investment 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 Powergrid Infrastructure Investment Trust dividend if I sell my shares?

Shareholders who sell their Powergrid Infrastructure Investment Trust stock before the ex-dividend date do not receive the dividend.

How do I check if I am eligible for a Powergrid Infrastructure Investment Trust dividend?

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

Is Powergrid Infrastructure Investment Trust dividend automatically credited to a bank account?

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

Will I get Powergrid Infrastructure Investment Trust dividend if I have shares?

If you purchase Powergrid Infrastructure Investment 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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