As of today (2024-11-10), the Trailing Annual Dividend Yield of Torrent Power is 0.94%.
The historical rank and industry rank for Torrent Power's Dividend Yield % or its related term are showing as below:
NSE:TORNTPOWER'
s Dividend Yield % Range Over the Past 10 Years
Min: 0.29 Med: 1.78 Max: 5.94
Current: 0.94
During the past 13 years, the highest Dividend Yield of Torrent Power was 5.94%. The lowest was 0.29%. And the median was 1.78%.
NSE:TORNTPOWER's Dividend Yield % is ranked worse than 86.69% of 248
companies
in the Utilities - Independent Power Producers industry
Industry Median: 3.7
vs NSE:TORNTPOWER: 0.94
During the past 12 months, Torrent Power's average Dividends Per Share Growth Rate was 23.10% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 42.80% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 15.20% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Torrent Power was 71.00% per year. The lowest was -56.30% per year. And the median was 20.10% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.
Torrent Power Dividend Yield % Historical Data
The historical data trend for Torrent Power'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 Torrent Power's Dividend Yield %
For the Utilities - Independent Power Producers subindustry, Torrent Power'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.
Torrent Power's Dividend Yield % Distribution in the Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Torrent Power's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Torrent Power's Dividend Yield % falls into.
Torrent Power Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Torrent Power Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
INR 4.000000
2024-06-14
2024-06-14
2024-08-05
Cash Dividend
semi-annually
INR:INR 1.000000
INR 12.000000
2024-02-16
2024-02-16
2024-03-04
Cash Dividend
semi-annually
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.
Torrent Power's Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
16
/
1694.10
=
0.94 %
Current Share Price is ₹1694.10. Torrent Power's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹16.
Torrent Power's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
8
/
1694.10
=
0.47 %
Current Share Price is ₹1694.10. Torrent Power's Dividends per Share for the forward twelve months is calculated as ₹4 * 2 = ₹8.
* 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.
Torrent Power (NSE:TORNTPOWER) 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.
Thank you for viewing the detailed overview of Torrent Power's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Torrent Power Ltd is an Indian utility company engaged in the business of power generation, transmission, and distribution. Both by itself and through its subsidiaries, Torrent Power operates a portfolio of gas, combined cycle, coal, wind, and solar power plants. The company's gas-fired facilities constitute a majority of its energy-producing capacity. Torrent Power generates the vast majority of its revenue from the supply of power generated by its facilities and transmitted through its power grids to areas of Western and Northern India. Its sales are fairly evenly divided among residential, commercial, low-tension, and high-tension consumers. The low-tension customer class would include smaller manufacturing units, while high-tension would be composed of heavier industrial entities.
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