Power Grid of India (POWERGRID.NS) Dividends
Market Cap: $2.82T
Avg Volume: 15.14M
Industry: Regulated Electric
Sector: Utilities
Dividend Overview
Power Grid of India (POWERGRID.NS) pays a quarterly dividend to its shareholders. The current dividend yield is 3.77%, which means that for every $100 invested at the current price, investors would receive approximately $3.77 in dividends per year (this can change based on future dividend payments and price movements).
About POWERGRID.NS's Dividend
Power Grid of India pays a quarterly dividend of $2.63 per share, which totals $10.50 annually. This means that for each share you own, you'll receive $10.50 in dividends over the course of a year, distributed across four quarterly payments.
The most recent ex-dividend date was February 07, 2025. If you purchase the stock before its ex-dividend date, you'll be eligible for the upcoming dividend payment.
Power Grid of India's payout ratio is 0.72% which means that 0.72% of the company's earnings are paid out as dividends. A low payout ratio indicates that the company has a strong financial position and can invest in growth opportunities, while maintaining room to increase dividends in the future.
Power Grid of India's dividend has decreased by -0.31% over the past year. A decrease in dividends can occur for various reasons, including changes in financial situation or strategic priorities.
POWERGRID.NS Dividend History
| Dividend | Yield | Date | Record Date | Payment Date | Declaration Date |
|---|---|---|---|---|---|
| $3.25 | 3.77% | February 07, 2025 | February 07, 2025 | February 28, 2025 | |
| $4.5 | 3.76% | November 14, 2024 | November 14, 2024 | December 04, 2024 | |
| $2.75 | 3.32% | August 16, 2024 | August 16, 2024 | September 11, 2024 | |
| $4.5 | 4.28% | February 15, 2024 | February 15, 2024 | March 05, 2024 | |
| $4 | 5.46% | November 16, 2023 | November 16, 2023 | December 06, 2023 | |
| $4.75 | 6.11% | August 08, 2023 | August 08, 2023 | September 11, 2023 | |
| $5 | 5.78% | February 08, 2023 | February 08, 2023 | February 24, 2023 | |
| $5 | 6.03% | November 14, 2022 | November 15, 2022 | November 30, 2022 | |
| $2.25 | 5.15% | August 19, 2022 | August 22, 2022 | September 20, 2022 | |
| $5.5 | 6.37% | February 16, 2022 | February 17, 2022 | March 08, 2022 | |
| $4 | 4.96% | December 22, 2021 | December 23, 2021 | January 11, 2022 | |
| $3 | 5.64% | September 08, 2021 | September 09, 2021 | October 08, 2021 | |
| $4 | 5.92% | March 08, 2021 | March 09, 2021 | March 30, 2021 | |
| $5 | 4.68% | December 17, 2020 | December 19, 2020 | January 08, 2021 | |
| $4.04 | 5.52% | September 02, 2020 | September 03, 2020 | October 09, 2020 | |
| $5.96 | 5.36% | March 16, 2020 | March 17, 2020 | March 21, 2020 | February 27, 2020 |
| $2.5 | 4.02% | August 19, 2019 | August 20, 2019 | September 26, 2019 | May 29, 2019 |
| $5.83 | 3.11% | March 14, 2019 | March 15, 2019 | March 22, 2019 | February 22, 2019 |
| $2.8 | 2.72% | September 10, 2018 | September 11, 2018 | October 18, 2018 | May 29, 2018 |
| $2.45 | 3.00% | February 08, 2018 | February 09, 2018 | February 15, 2018 | January 23, 2018 |
| $3.35 | 2.02% | September 11, 2017 | September 12, 2017 | October 04, 2017 | May 29, 2017 |
| $1 | 1.25% | February 16, 2017 | February 17, 2017 | March 02, 2017 | January 27, 2017 |
| $1.51 | 1.24% | September 08, 2016 | September 09, 2016 | October 06, 2016 | May 26, 2016 |
| $0.8 | 1.47% | February 03, 2016 | February 04, 2016 | February 16, 2016 | January 18, 2016 |
| $1.31 | 1.64% | September 07, 2015 | September 08, 2015 | October 15, 2015 | May 30, 2015 |
| $0.69 | 1.33% | March 09, 2015 | March 10, 2015 | March 19, 2015 | February 23, 2015 |
| $1.31 | 1.92% | September 04, 2014 | September 05, 2014 | October 09, 2014 | May 29, 2014 |
| $1.27 | 2.51% | March 04, 2014 | March 05, 2014 | March 19, 2014 | February 14, 2014 |
| $1.14 | 2.87% | September 05, 2013 | September 06, 2013 | October 10, 2013 | May 28, 2013 |
| $1.61 | 2.76% | February 15, 2013 | February 19, 2013 | March 04, 2013 | January 30, 2013 |
| $1.31 | 1.72% | September 05, 2012 | September 06, 2012 | October 08, 2012 | May 29, 2012 |
| $0.8 | 1.87% | February 13, 2012 | February 14, 2012 | February 23, 2012 | January 25, 2012 |
| $1.25 | 1.84% | September 06, 2011 | September 07, 2011 | October 07, 2011 | May 24, 2011 |
| $0.5 | 0.52% | February 11, 2011 | February 14, 2011 | February 24, 2011 | January 25, 2011 |
| $1 | 1.41% | September 07, 2010 | September 08, 2010 | September 29, 2010 | May 26, 2010 |
| $0.5 | 1.04% | January 11, 2010 | January 12, 2010 | February 01, 2010 | January 07, 2010 |
| $0.7 | 1.11% | August 21, 2009 | August 24, 2009 | October 09, 2009 | June 16, 2009 |
| $0.5 | 1.40% | February 04, 2009 | February 05, 2009 | February 16, 2009 | January 28, 2009 |
| $0.7 | 0.76% | September 01, 2008 | September 03, 2008 | October 01, 2008 | June 19, 2008 |
| $0.5 | 0.51% | March 10, 2008 | March 11, 2008 | April 01, 2008 | March 05, 2008 |
Dividend Growth
Power Grid of India (POWERGRID.NS) dividend payments have decreased -31.29% over the past year
Note: This growth rate represents the year-over-year growth in total dividends paid by the company, which may differ from the growth in dividends per share if the number of outstanding shares has changed.
Dividend Safety
Dividend safety refers to the ability of a company to continue paying its dividends to shareholders without interruption or reduction. A company with a high level of dividend safety is generally considered to have a strong financial position, with a consistent history of paying dividends and a low risk of default.
Key Safety Indicators for POWERGRID.NS
- Dividend Payout Ratio: 0.72% Low risk
- Dividend & Capex Coverage Ratio: 1.65x Strong coverage
- Dividend Frequency: Quarterly
- Recent Dividend Growth: -0.31% Negative
What These Indicators Mean
A low payout ratio (typically less than 60%) indicates that a company has enough earnings to pay dividends and retain earnings to reinvest in the business. Power Grid of India's payout ratio is 0.72% , which is very conservative and suggests strong dividend sustainability.
The Dividend & Capex Coverage Ratio of 1.65x indicates how well the company can cover both its dividend payments and capital expenditures from operating cash flows. This strong ratio above 1.5x indicates Power Grid of India can comfortably cover its dividends and necessary investments from its operating cash flow.
Power Grid of India's quarterly dividend structure is the most common among dividend-paying companies, providing a balance between regular income for investors and financial flexibility for the company.
Power Grid of India's dividend growth rate of -0.31% is negative, which may signal financial challenges or a shift in capital allocation priorities.
It is worth noting that dividend safety can change over time based on a company's financial performance, industry conditions, and management decisions. Regular monitoring of these metrics is recommended for dividend-focused investors.