Power Grid Corporation of India Dividend
Dividend criteria checks 5/6
Power Grid of India is a dividend paying company with a current yield of 3.61% that is well covered by earnings.
Key information
3.6%
Dividend yield
71%
Payout ratio
| Industry average yield | 2.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | ₹16.91 |
| Dividend yield forecast in 3Y | 3.8% |
Recent dividend updates
Power Grid Corporation of India (NSE:POWERGRID) Has Affirmed Its Dividend Of ₹4.50
Feb 10
Power Grid Corporation of India's (NSE:POWERGRID) Dividend Will Be ₹4.00
Nov 10Power Grid Corporation of India's (NSE:POWERGRID) Shareholders Will Receive A Smaller Dividend Than Last Year
Feb 03Recent updates
Power Grid Corporation of India Limited's (NSE:POWERGRID) Earnings Are Not Doing Enough For Some Investors
Apr 15Calculating The Intrinsic Value Of Power Grid Corporation of India Limited (NSE:POWERGRID)
Mar 28Power Grid Corporation of India (NSE:POWERGRID) Has A Pretty Healthy Balance Sheet
Mar 13Power Grid Corporation of India (NSE:POWERGRID) Has Affirmed Its Dividend Of ₹4.50
Feb 10There's Been No Shortage Of Growth Recently For Power Grid Corporation of India's (NSE:POWERGRID) Returns On Capital
Jan 20Lacklustre Performance Is Driving Power Grid Corporation of India Limited's (NSE:POWERGRID) Low P/E
Dec 18Power Grid Corporation of India (NSE:POWERGRID) Seems To Use Debt Quite Sensibly
Nov 30Power Grid Corporation of India's (NSE:POWERGRID) Dividend Will Be ₹4.00
Nov 10Here's Why We Think Power Grid Corporation of India (NSE:POWERGRID) Is Well Worth Watching
Nov 08Investors Will Want Power Grid Corporation of India's (NSE:POWERGRID) Growth In ROCE To Persist
Sep 24Power Grid Corporation of India Limited's (NSE:POWERGRID) Intrinsic Value Is Potentially 19% Below Its Share Price
Sep 08Does Power Grid Corporation of India (NSE:POWERGRID) Have A Healthy Balance Sheet?
Jul 07Power Grid Corporation of India (NSE:POWERGRID) Is Doing The Right Things To Multiply Its Share Price
Jun 19An Intrinsic Calculation For Power Grid Corporation of India Limited (NSE:POWERGRID) Suggests It's 32% Undervalued
May 19Power Grid Corporation of India (NSE:POWERGRID) Has A Somewhat Strained Balance Sheet
Mar 22Power Grid Corporation of India (NSE:POWERGRID) Is Experiencing Growth In Returns On Capital
Mar 07Power Grid Corporation of India's (NSE:POWERGRID) Shareholders Will Receive A Smaller Dividend Than Last Year
Feb 03Here's Why Power Grid Corporation of India (NSE:POWERGRID) Has A Meaningful Debt Burden
Dec 11The Return Trends At Power Grid Corporation of India (NSE:POWERGRID) Look Promising
Nov 25Power Grid Corporation of India Limited (NSE:POWERGRID) Second-Quarter Results: Here's What Analysts Are Forecasting For This Year
Nov 09Power Grid Corporation of India Limited (NSE:POWERGRID) Shares Could Be 36% Below Their Intrinsic Value Estimate
Sep 14There's Been No Shortage Of Growth Recently For Power Grid Corporation of India's (NSE:POWERGRID) Returns On Capital
Aug 08Here's Why Power Grid Corporation of India (NSE:POWERGRID) Has A Meaningful Debt Burden
Jul 08Does Power Grid Corporation of India (NSE:POWERGRID) Deserve A Spot On Your Watchlist?
Jun 22Stability and Growth of Payments
Fetching dividends data
Stable Dividend: POWERGRID's dividend payments have been volatile in the past 10 years.
Growing Dividend: POWERGRID's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Power Grid Corporation of India Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (POWERGRID) | 3.6% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Electric Utilities) | 2.4% |
| Analyst forecast in 3 Years (POWERGRID) | 3.8% |
Notable Dividend: POWERGRID's dividend (3.61%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: POWERGRID's dividend (3.61%) is in the top 25% of dividend payers in the Indian market (1.18%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (71.3%), POWERGRID's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (30.5%), POWERGRID's dividend payments are well covered by cash flows.