Powergrid Infrastructure Investment Trust Dividends and Buybacks
Dividend criteria checks 4/6
Powergrid Infrastructure Investment Trust is a dividend paying company with a current yield of 13.86% that is well covered by earnings. Next payment date is on 20th November, 2024 with an ex-dividend date of 12th November, 2024.
Key information
13.9%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 23.6% |
| Next dividend pay date | 20 Nov 24 |
| Ex dividend date | 12 Nov 24 |
| Dividend per share | ₹12.000 |
| Payout ratio | 89% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 543290 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 543290's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Powergrid Infrastructure Investment Trust Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (543290) | 13.9% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Industrial REITs) | 6.1% |
| Analyst forecast (543290) (up to 3 years) | n/a |
Notable Dividend: 543290's dividend (13.86%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: 543290's dividend (13.86%) is in the top 25% of dividend payers in the Indian market (1.15%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (88.8%), 543290's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (90.5%), 543290's dividend payments are covered by cash flows.