Powergrid Infrastructure Investment Trust Dividend
Dividend criteria checks 3/6
Powergrid Infrastructure Investment Trust is a dividend paying company with a current yield of 12.28% that is well covered by earnings.
Key information
12.3%
Dividend yield
93%
Payout ratio
Industry average yield | 6.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | -₹2.37 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PGINVIT has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: PGINVIT's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
Powergrid Infrastructure Investment Trust Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (PGINVIT) | 12.3% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Industrial REITs) | 6.0% |
Analyst forecast in 3 Years (PGINVIT) | n/a |
Notable Dividend: PGINVIT's dividend (12.28%) is higher than the bottom 25% of dividend payers in the Indian market (0.27%).
High Dividend: PGINVIT's dividend (12.28%) is in the top 25% of dividend payers in the Indian market (1.23%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (93.5%), PGINVIT's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate PGINVIT's cash payout ratio to determine if its dividend payments are covered by cash flows.