Power Grid Of India (BOM:532898) Dividend Payout Ratio : 0.95 (As of Dec. 2023)

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What is Power Grid Of India Dividend Payout Ratio?

Power Grid Of India's dividend payout ratio for the months ended in Dec. 2023 was 0.95.

The historical rank and industry rank for Power Grid Of India's Dividend Payout Ratio or its related term are showing as below:

BOM:532898' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.18 Med: 0.42 Max: 0.65
Current: 0.65

During the past 13 years, the highest Dividend Payout Ratio of Power Grid Of India was 0.65. The lowest was 0.18. And the median was 0.42.

BOM:532898's Dividend Payout Ratio is ranked worse than
65.03% of 366 companies
in the Utilities - Regulated industry
Industry Median: 0.52 vs BOM:532898: 0.65

As of today (2024-05-09), the Dividend Yield % of Power Grid Of India is 4.00%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Power Grid Of India was 8.14%. The lowest was 3.64%. And the median was 5.26%.

Power Grid Of India's Dividends per Share for the months ended in Dec. 2023 was ₹4.00.

During the past 12 months, Power Grid Of India's average Dividends Per Share Growth Rate was 18.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 24.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 24.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 26.60% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Power Grid Of India was 59.90% per year. The lowest was -10.30% per year. And the median was 24.50% per year.

The growth rate is calculated with least square regression.

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

Power Grid Of India Dividend Payout Ratio Historical Data

The historical data trend for Power Grid Of India's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

Power Grid Of India Dividend Payout Ratio Chart

Power Grid Of India Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Dividend Payout Ratio

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0.36

0.47

0.55

0.60

0.56

Power Grid Of India Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															1.02	0.80	-	0.84	0.95

Competitive Comparison of Power Grid Of India's Dividend Payout Ratio

For the Utilities - Regulated Electric subindustry, Power Grid Of India's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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.

Power Grid Of India's Dividend Payout Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Power Grid Of India's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Power Grid Of India's Dividend Payout Ratio falls into.

Power Grid Of India Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Power Grid Of India's Dividend Payout Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Mar. 2023 )	/	EPS without NRI (A: Mar. 2023 )
	=	9.188	/	16.444
	=	0.56

Power Grid Of India's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	4	/	4.211
	=	0.95

Power Grid Of India (BOM:532898) Dividend Payout Ratio Explanation

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.

Power Grid Of India Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Power Grid Of India's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Power Grid Of India (BOM:532898) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Power Grid Corp Of India Ltd (BOM:532898) » Definitions » Dividend Payout Ratio

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POWERGRID:India

Address

Saudamini, Plot No. 2, Sector 29, Gurgaon, HR, IND, 122 001

Website

https://www.powergrid.in

Power Grid Corp Of India Ltd is a state-owned electric utility company in India. The activities of the firm are operated through Transmission, Telecom, and Consultancy segments. Under the Transmission division, the company's principal business is the transmission of bulk power across different states of India. Whereas the Telecom division leverages firm's nationwide transmission infrastructure and operates as a neutral carrier in the point to point Bandwidth Leasing Business. The company is also involved in Consultancy business in which it provides in-house expertise in the Transmission, Distribution and Telecom sectors, including planning design, engineering, load dispatch, procurement management, financing, and other. Geographically all the activities are carried out in India.

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