Torrent Power Dividend
Dividend criteria checks 4/6
Torrent Power is a dividend paying company with a current yield of 0.88% that is well covered by earnings.
Key information
0.9%
Dividend yield
42%
Payout ratio
Industry average yield | 2.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₹38.54 |
Dividend yield forecast in 3Y | 1.5% |
Recent dividend updates
Recent updates
Torrent Power Limited (NSE:TORNTPOWER) Looks Just Right With A 27% Price Jump
Mar 28Estimating The Fair Value Of Torrent Power Limited (NSE:TORNTPOWER)
Mar 19Torrent Power's (NSE:TORNTPOWER) Dividend Will Be ₹10.00
Feb 04We Like These Underlying Return On Capital Trends At Torrent Power (NSE:TORNTPOWER)
Jan 30Torrent Power Limited (NSE:TORNTPOWER) Looks Inexpensive But Perhaps Not Attractive Enough
Jan 09Torrent Power Limited (NSE:TORNTPOWER) Shares Could Be 26% Above Their Intrinsic Value Estimate
Dec 02Torrent Power (NSE:TORNTPOWER) Shareholders Will Want The ROCE Trajectory To Continue
Oct 20Torrent Power (NSE:TORNTPOWER) Has A Pretty Healthy Balance Sheet
Sep 23Returns Are Gaining Momentum At Torrent Power (NSE:TORNTPOWER)
Jul 03We Think Torrent Power (NSE:TORNTPOWER) Can Stay On Top Of Its Debt
May 31Torrent Power Limited's (NSE:TORNTPOWER) Intrinsic Value Is Potentially 33% Above Its Share Price
Mar 27Torrent Power's (NSE:TORNTPOWER) Returns On Capital Are Heading Higher
Mar 12Torrent Power (NSE:TORNTPOWER) Seems To Use Debt Quite Sensibly
Jan 19Estimating The Fair Value Of Torrent Power Limited (NSE:TORNTPOWER)
Dec 10Analysts' Revenue Estimates For Torrent Power Limited (NSE:TORNTPOWER) Are Surging Higher
Oct 20Estimating The Intrinsic Value Of Torrent Power Limited (NSE:TORNTPOWER)
Sep 02News Flash: Analysts Just Made A Notable Upgrade To Their Torrent Power Limited (NSE:TORNTPOWER) Forecasts
Aug 14Is Torrent Power (NSE:TORNTPOWER) A Risky Investment?
Jul 11Returns Are Gaining Momentum At Torrent Power (NSE:TORNTPOWER)
Jun 23Analysts Are Betting On Torrent Power Limited (NSE:TORNTPOWER) With A Big Upgrade This Week
May 14A Look At The Intrinsic Value Of Torrent Power Limited (NSE:TORNTPOWER)
Apr 29Here's Why Torrent Power (NSE:TORNTPOWER) Can Manage Its Debt Responsibly
Mar 15Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TORNTPOWER's dividend payments have been volatile in the past 10 years.
Growing Dividend: TORNTPOWER's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Torrent Power Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (TORNTPOWER) | 0.9% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Electric Utilities) | 2.6% |
Analyst forecast in 3 Years (TORNTPOWER) | 1.5% |
Notable Dividend: TORNTPOWER's dividend (0.88%) is higher than the bottom 25% of dividend payers in the Indian market (0.27%).
High Dividend: TORNTPOWER's dividend (0.88%) is low compared to the top 25% of dividend payers in the Indian market (1.22%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (41.5%), TORNTPOWER's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (29.2%), TORNTPOWER's dividend payments are well covered by cash flows.