As of today (2024-05-14), the Trailing Annual Dividend Yield of Power Grid Of India is 3.97%.
Warning Sign:
Power Grid Corp Of India Ltd stock dividend yield is close to 10-year low.
The historical rank and industry rank for Power Grid Of India's Dividend Yield % or its related term are showing as below:
BOM:532898'
s Dividend Yield % Range Over the Past 10 Years
Min: 3.64 Med: 5.26 Max: 8.14
Current: 3.97
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%.
BOM:532898's Dividend Yield % is ranked better than 51.99% of 427
companies
in the Utilities - Regulated industry
Industry Median: 3.84
vs BOM:532898: 3.97
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.
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.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Power Grid Of India Dividend Yield % Historical Data
The historical data trend for Power Grid Of India's Dividend Yield % 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.
Competitive Comparison of Power Grid Of India's Dividend Yield %
For the Utilities - Regulated Electric subindustry, Power Grid Of India's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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 Dividend Yield % Distribution in the Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Power Grid Of India's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Power Grid Of India's Dividend Yield % falls into.
Power Grid Of India Dividend Yield % Calculation
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 4.500000
2024-02-15
2024-02-15
2024-03-05
Cash Dividend
quarterly
INR:INR 1.000000
INR 4.000000
2023-11-16
2023-11-16
2023-12-06
Cash Dividend
semi-annually
INR:INR 1.000000
INR 3.562500
2023-08-08
2023-08-08
2023-09-11
Cash Dividend
quarterly
INR: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 Trailing Annual Dividend Yield (%) for Today is calculated as
* 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 (BOM:532898) Dividend Yield % Explanation
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
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.
Power Grid Of India Dividend Yield % Related Terms
Thank you for viewing the detailed overview of Power Grid Of India's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Power Grid Of India (BOM:532898) Business Description
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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