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POWERGRID Infrastructure Investment Trust (BOM:543290) Forward Dividend Yield % : 12.27% (As of May. 14, 2024)


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What is POWERGRID Infrastructure Investment Trust Forward Dividend Yield %?

As of today (2024-05-14), the Forward Annual Dividend Yield of POWERGRID Infrastructure Investment Trust is 12.27%.

As of today (2024-05-14), the Trailing Annual Dividend Yield of POWERGRID Infrastructure Investment Trust is 12.27%.

BOM:543290's Forward Dividend Yield % is not ranked
in the Utilities - Independent Power Producers industry.
Industry Median: 3.56 vs BOM:543290: 12.27

POWERGRID Infrastructure Investment Trust's Dividends per Share for the three months ended in Mar. 2023 was ₹3.00.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of POWERGRID Infrastructure Investment Trust's Forward Dividend Yield %

For the Utilities - Independent Power Producers subindustry, POWERGRID Infrastructure Investment Trust's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


POWERGRID Infrastructure Investment Trust's Forward Dividend Yield % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, POWERGRID Infrastructure Investment Trust's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where POWERGRID Infrastructure Investment Trust's Forward Dividend Yield % falls into.



POWERGRID Infrastructure Investment Trust Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

POWERGRID Infrastructure Investment Trust Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
INR 3.0000002024-01-302024-01-302024-02-08Cash DividendquarterlyINR:INR 1.000000
INR 3.0000002023-11-132023-11-142023-11-23Cash DividendquarterlyINR:INR 1.000000
INR 3.0000002023-08-022023-08-022023-08-11Cash DividendquarterlyINR:INR 1.000000
INR 3.0000002023-05-312023-05-312023-06-09Cash DividendquarterlyINR:INR 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

POWERGRID Infrastructure Investment Trust's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=12/97.80
=12.27 %

Current Share Price is ₹97.80.
POWERGRID Infrastructure Investment Trust's Dividends per Share for the forward twelve months is calculated as ₹3 * 4 = ₹12.

POWERGRID Infrastructure Investment Trust's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=12/97.80
=12.27 %

Current Share Price is ₹97.80.
POWERGRID Infrastructure Investment Trust's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹12.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


POWERGRID Infrastructure Investment Trust  (BOM:543290) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


POWERGRID Infrastructure Investment Trust Forward Dividend Yield % Related Terms

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POWERGRID Infrastructure Investment Trust (BOM:543290) Business Description

Traded in Other Exchanges
Address
Plot No. 2, Sector 29, Gurgaon, HR, IND, 122 001
POWERGRID Infrastructure Investment Trust own, construct, operate, maintain and invest as an infrastructure investment trust as permissible in terms of the InvIT Regulations, including in power transmission assets in India. Its primary business segment is namely power transmission network for the transmission system.

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