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Dividend of Torrent Power Ltd

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Torrent Power Ltd

NSE: TORNTPOWER

Dividend Payout (Final)

₹ 4

Ex-Dividend Date: Jun 14, 2024

Key Highlights

  • The dividend payouts of Torrent Power Ltd changed from ₹ 4 to ₹ 9 over 6 quarters. This represents a CAGR of 71.71% .
  • The Latest Trading Price of Torrent Power Ltd is ₹ 1668 as of 11 Dec 15:30 .

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Monitoring Torrent Power Ltd share price can help you stay informed about potential market shifts and opportunities.

Historical Dividend Payouts of Torrent Power Ltd

Fiscal Year
leftDividend Payout (₹)right
2023-244
2023-2412
2022-234
2022-239
2022-2313

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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Torrent Power Ltd

NSE: TORNTPOWER

Share Price

₹ 1668.45

44.60 (2.75%)

stock direction

Last updated on: Dec 11, 2024

Company Fundamentals for Torrent Power Ltd

No data available

Dividend Payout Over Time

No data available

Net Profit Vs Dividend Per Share

SWOT Analysis Of Torrent Power Ltd

Strength

3

che

Weakness

2

che

Opportunity

0

che

Threats

1

che

BlinkX Score for Torrent Power Ltd

Historical Market Cap of Torrent Power Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Torrent Power Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

Torrent Power Ltd News Hub

Torrent Power rises after bagging LOI for 1,500 MW pump storage project from MSEDCL

The Maharashtra State Electricity Distribution Company (MSEDCL) will procure energy storage capacity

Read more

2024-09-18 00:00:00

Nifty settles below 25,400; IT shares underpressure; VIX rallies 6.21%

The domestic equity indices ended with minor losses on Wednesday, snapping a two-days gaining streak

Read more

2024-09-18 00:00:00

Torrent Power reaffirms its commitment towards green and sustainable future

Torrent Power has reaffirmed its commitment towards green and sustainable future as it submitted two

Read more

2024-09-16 00:00:00

Torrent Power receives LoI for 1500 MW pumped hydro storage project

Torrent Power has emerged as a successful bidder and has received Letter of Intent (LOI) from Mahara

Read more

2024-09-17 00:00:00

About Torrent Power Ltd

  • Torrent Power Limited is an integrated power utility and is one of largest private sector players in India having interests in power generation, transmission, distribution and manufacturing and supply of power cables.
  • It has a portfolio of coal based, gas based and renewable power plants with an aggregate operational generation capacity of 4,160 MW with a unique mix of coal based, gas based, and renewable power plants that use highly efficient power generation technologies.
  • It has under-construction wind power plants aggregating to 1111 MW. It operates 249 km and 105 km 400kV double circuit transmission lines implemented by, for evacuating power generated at SUGEN (the 1147.5 MW gas based power plant near Surat in South Gujarat) and DGEN (the 1200 MW combined cycle gas based Power Plant at Dahej SEZ) plant to various off-take centres.

FAQs for Dividends of Torrent Power Ltd

What is the current market price of Torrent Power Ltd as of December 12, 2024?

The current market price of Torrent Power Ltd stands at 1676.0 per share.

What dividend did Torrent Power Ltd declare in the last fiscal year?

In the last fiscal year, Torrent Power Ltd declared a dividend totaling ₹26.0.

What is the most recent dividend declared by Torrent Power Ltd?

Torrent Power Ltd has declared dividend worth ₹0.0 in the latest quarter..

How many times has Torrent Power Ltd declared dividends in the current fiscal year?

Torrent Power Ltd has declared dividends 2 times totaling ₹0 in the current fiscal year (FY2024-2025).

How many times did Torrent Power Ltd declare dividends in the previous fiscal year?

In the previous fiscal year (FY2023-2024), Torrent Power Ltd declared dividends 4 times totaling ₹26.0.

What is Dividend Yield of Torrent Power Ltd?

The Torrent Power Ltd's Dividend Yield is 0.9 as of December 12, 2024

Will I get Torrent Power Ltd dividend if I have shares?

If you purchase Torrent Power 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 Torrent Power Ltd dividend if I sell my shares?

Shareholders who sell their Torrent Power Ltd stock before the ex-dividend date do not receive the dividend.

How do I check if I am eligible for a Torrent Power Ltd dividend?

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

Is Torrent Power Ltd dividend automatically credited to a bank account?

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

Will I get Torrent Power Ltd dividend if I have shares?

If you purchase Torrent Power 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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