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Power Grid Of India (BOM:532898) 5-Year Dividend Growth Rate : 24.20% (As of Dec. 2023)


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What is Power Grid Of India 5-Year Dividend Growth Rate?

Power Grid Of India's Dividends per Share for the three months ended in Dec. 2023 was ₹4.00.

During the past 12 months, Power Grid Of India's average Dividends Per Share Growth Rate was 18.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 24.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 24.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 26.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Power Grid Of India was 59.90% per year. The lowest was -10.30% per year. And the median was 24.50% per year.

Power Grid Of India's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.95. As of today, Power Grid Of India's Dividend Yield % is 3.86%.

Warning Sign:

Power Grid Corp Of India Ltd stock dividend yield is close to 10-year low.

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


Competitive Comparison of Power Grid Of India's 5-Year Dividend Growth Rate

For the Utilities - Regulated Electric subindustry, Power Grid Of India's 5-Year Dividend Growth Rate, along with its competitors' market caps and 5-Year Dividend Growth Rate 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.


Power Grid Of India's 5-Year Dividend Growth Rate Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Power Grid Of India's 5-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Power Grid Of India's 5-Year Dividend Growth Rate falls into.



Power Grid Of India 5-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with least square regression.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Power Grid Of India  (BOM:532898) 5-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Power Grid Of India's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=4/ 4.211
=0.95

During the past 13 years, the highest Dividend Payout Ratio of Power Grid Of India was 0.65. The lowest was 0.18. And the median was 0.42.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Power Grid Of India Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
INR 4.5000002024-02-152024-02-152024-03-05Cash DividendquarterlyINR:INR 1.000000
INR 4.0000002023-11-162023-11-162023-12-06Cash Dividendsemi-annuallyINR:INR 1.000000
INR 3.5625002023-08-082023-08-082023-09-11Cash DividendquarterlyINR:INR 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Power Grid Of India's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=12.0625/312.55
=3.86 %

Current Share Price is ₹312.55.
Power Grid Of India's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹12.0625.

During the past 13 years, the highest Dividend Yield of Power Grid Of India was 8.14%. The lowest was 3.64%. And the median was 5.26%.

Warning Sign:

Power Grid Corp Of India Ltd stock dividend yield is close to 10-year low.

* 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.


Power Grid Of India 5-Year Dividend Growth Rate Related Terms

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Power Grid Of India (BOM:532898) Business Description

Traded in Other Exchanges
Address
Saudamini, Plot No. 2, Sector 29, Gurgaon, HR, IND, 122 001
Power Grid Corp Of India Ltd is a state-owned electric utility company in India. The activities of the firm are operated through Transmission, Telecom, and Consultancy segments. Under the Transmission division, the company's principal business is the transmission of bulk power across different states of India. Whereas the Telecom division leverages firm's nationwide transmission infrastructure and operates as a neutral carrier in the point to point Bandwidth Leasing Business. The company is also involved in Consultancy business in which it provides in-house expertise in the Transmission, Distribution and Telecom sectors, including planning design, engineering, load dispatch, procurement management, financing, and other. Geographically all the activities are carried out in India.

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