Power Grid Corporation of India Limited Stock Dividends
POWERGRID.NS pays dividends quarterly. Last paid amount was ₹4.50 at Mar 05, 2024. As of today, dividend yield (TTM) is 6.08%.
Dividend Yield Range
AI Analysis of POWERGRID.NS
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 6.08% |
|---|---|
| Frequency | Quarterly |
| 1Y Growth | -5.26% |
| Payout Ratio | 0 |
| Amount Per Share | ₹4.50 |
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Power Grid Corporation of India Limited has not yet announced its next dividend date. Last payment date was: Mar 05, 2024.
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POWERGRID Dividend Payout History
To ensure a understanding of POWERGRID's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Feb 15, 2024 | Feb 15, 2024 | Mar 05, 2024 | ₹4.50 | 1.53% |
| 2 | Nov 16, 2023 | Nov 16, 2023 | Nov 16, 2023 | ₹4.00 | 1.93% |
| 3 | Aug 08, 2023 | Aug 08, 2023 | Aug 08, 2023 | ₹4.75 | 2.62% |
| 4 | Feb 08, 2023 | Feb 08, 2023 | Feb 08, 2023 | ₹5.00 | 3.14% |
| 5 | Nov 14, 2022 | Nov 14, 2022 | Nov 14, 2022 | ₹5.00 | 3.15% |
| 6 | Aug 19, 2022 | Aug 19, 2022 | Aug 19, 2022 | ₹2.25 | 1.31% |
| 7 | Feb 16, 2022 | Feb 16, 2022 | Feb 16, 2022 | ₹5.50 | 3.74% |
| 8 | Dec 22, 2021 | Dec 22, 2021 | Dec 22, 2021 | ₹3.00 | 1.98% |
| 9 | Sep 08, 2021 | Sep 08, 2021 | Sep 08, 2021 | ₹3.00 | 2.31% |
| 10 | Mar 08, 2021 | Mar 08, 2021 | Mar 08, 2021 | ₹3.00 | 2.42% |
Dividend Sustainability
The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.
Sustainability score
Growth potential
POWERGRID Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from POWERGRID dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in POWERGRID stock here.
Comparing POWERGRID to Sector and Country
POWERGRID.NS pays a solid dividend yield of 6.08%, which is higher than the average of the bottom 25% of dividend payers in the IN market (0.482%). POWERGRID.NS’s dividend yield is higher than the average of the top 25% of dividend payers in the Utilities sector in the IN market (4.18%).
