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CG Power & Industrial Solutions (NSE:CGPOWER) Dividend Payout Ratio : 0.84 (As of Mar. 2024)


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What is CG Power & Industrial Solutions Dividend Payout Ratio?

CG Power & Industrial Solutions's dividend payout ratio for the months ended in Mar. 2024 was 0.84.

The historical rank and industry rank for CG Power & Industrial Solutions's Dividend Payout Ratio or its related term are showing as below:

NSE:CGPOWER' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.23   Med: 0.28   Max: 0.3
Current: 0.23


During the past 13 years, the highest Dividend Payout Ratio of CG Power & Industrial Solutions was 0.30. The lowest was 0.23. And the median was 0.28.

NSE:CGPOWER's Dividend Payout Ratio is ranked better than
67.11% of 1663 companies
in the Industrial Products industry
Industry Median: 0.33 vs NSE:CGPOWER: 0.23

As of today (2024-05-16), the Dividend Yield % of CG Power & Industrial Solutions is 0.20%.

During the past 13 years, the highest Trailing Annual Dividend Yield of CG Power & Industrial Solutions was 4.28%. The lowest was 0.20%. And the median was 1.77%.

CG Power & Industrial Solutions's Dividends per Share for the months ended in Mar. 2024 was ₹1.30.

During the past 12 months, CG Power & Industrial Solutions's average Dividends Per Share Growth Rate was -13.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of CG Power & Industrial Solutions was 44.20% per year. The lowest was -18.30% per year. And the median was 7.00% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


CG Power & Industrial Solutions Dividend Payout Ratio Historical Data

The historical data trend for CG Power & Industrial Solutions's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

CG Power & Industrial Solutions Dividend Payout Ratio Chart

CG Power & Industrial Solutions Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.30 0.23

CG Power & Industrial Solutions Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.97 - - - 0.84

Competitive Comparison of CG Power & Industrial Solutions's Dividend Payout Ratio

For the Electrical Equipment & Parts subindustry, CG Power & Industrial Solutions's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


CG Power & Industrial Solutions's Dividend Payout Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, CG Power & Industrial Solutions's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where CG Power & Industrial Solutions's Dividend Payout Ratio falls into.



CG Power & Industrial Solutions Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

CG Power & Industrial Solutions's Dividend Payout Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Mar. 2024 )/ EPS without NRI (A: Mar. 2024 )
=1.3/ 5.584
=0.23

CG Power & Industrial Solutions's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ EPS without NRI (Q: Mar. 2024 )
=1.3/ 1.551
=0.84

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


CG Power & Industrial Solutions (NSE:CGPOWER) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


CG Power & Industrial Solutions Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of CG Power & Industrial Solutions's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


CG Power & Industrial Solutions (NSE:CGPOWER) Business Description

Traded in Other Exchanges
Address
Dr. Annie Besant Road, 6th Floor, CG House, Worli, Mumbai, MH, IND, 400 030
CG Power & Industrial Solutions Ltd is an India based company engaged in providing products, services, and solutions to utilities, industries, and consumers for the management and application of sustainable electrical energy. It has two business segments. Power Systems segment includes products and services from ultra-high-voltage, high voltage, medium voltage and low voltage like transformer, switchgear, and turnkey projects whereas the Industrial Systems segment include rotating machines of power and ratings, automated AC, DC, and variable frequency drives and control systems like electric motors, alternators, drives, traction electronics, and SCADA. It operates in India and internationally and generates its revenues majorly from the Industrial systems segment within India.

CG Power & Industrial Solutions (NSE:CGPOWER) Headlines

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