Power Grid Corporation of India Dividends and Buybacks
Dividend criteria checks 5/6
Power Grid of India is a dividend paying company with a current yield of 3.45% that is well covered by earnings. Next payment date is on 4th December, 2024 with an ex-dividend date of 14th November, 2024.
Key information
3.5%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 4.1% |
| Dividend Growth | 11.9% |
| Next dividend pay date | 04 Dec 24 |
| Ex dividend date | 14 Nov 24 |
| Dividend per share | ₹11.250 |
| Payout ratio | 70% |
Recent dividend and buyback updates
Power Grid Corporation of India (NSE:POWERGRID) Is Paying Out A Larger Dividend Than Last Year
Nov 12
Power Grid Corporation of India's (NSE:POWERGRID) Shareholders Will Receive A Smaller Dividend Than Last Year
Aug 15Power Grid Corporation of India (NSE:POWERGRID) Will Pay A Smaller Dividend Than Last Year
Aug 01Power Grid Corporation of India (NSE:POWERGRID) Has Affirmed Its Dividend Of ₹4.50
Feb 10Recent updates
Power Grid Corporation of India (NSE:POWERGRID) Is Paying Out A Larger Dividend Than Last Year
Nov 12Why Investors Shouldn't Be Surprised By Power Grid Corporation of India Limited's (NSE:POWERGRID) Low P/E
Oct 11Investors Will Want Power Grid Corporation of India's (NSE:POWERGRID) Growth In ROCE To Persist
Sep 20Power Grid Corporation of India's (NSE:POWERGRID) Shareholders Will Receive A Smaller Dividend Than Last Year
Aug 15Power Grid Corporation of India (NSE:POWERGRID) Will Pay A Smaller Dividend Than Last Year
Aug 01These 4 Measures Indicate That Power Grid Corporation of India (NSE:POWERGRID) Is Using Debt Reasonably Well
Jun 29Power Grid Corporation of India (NSE:POWERGRID) Is Looking To Continue Growing Its Returns On Capital
Jun 11Power 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 09Stability 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) | 3.5% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Electric Utilities) | 2.5% |
| Analyst forecast (POWERGRID) (up to 3 years) | 4.1% |
Notable Dividend: POWERGRID's dividend (3.45%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: POWERGRID's dividend (3.45%) is in the top 25% of dividend payers in the Indian market (1.14%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (69.5%), POWERGRID's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (56.2%), POWERGRID's dividend payments are covered by cash flows.