India Grid Trust (BOM:540565) Dividend Payout Ratio : 6.77 (As of Sep. 2023)

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What is India Grid Trust Dividend Payout Ratio?

India Grid Trust's dividend payout ratio for the months ended in Sep. 2023 was 6.77.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of India Grid Trust is 2.51, which seems too high.

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

BOM:540565' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.91 Med: 1.66 Max: 2.56
Current: 2.51

During the past 9 years, the highest Dividend Payout Ratio of India Grid Trust was 2.56. The lowest was 0.91. And the median was 1.66.

BOM:540565's Dividend Payout Ratio is ranked worse than
93.72% of 191 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.41 vs BOM:540565: 2.51

As of today (2024-05-28), the Dividend Yield % of India Grid Trust is 10.26%.

During the past 9 years, the highest Trailing Annual Dividend Yield of India Grid Trust was 14.63%. The lowest was 0.94%. And the median was 9.28%.

India Grid Trust's Dividends per Share for the months ended in Sep. 2023 was ₹3.45.

During the past 12 months, India Grid Trust's average Dividends Per Share Growth Rate was 4.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 4.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 11.80% per year.

During the past 9 years, the highest 3-Year average Dividends Per Share Growth Rate of India Grid Trust was 22.60% per year. The lowest was 3.00% per year. And the median was 4.50% per year.

The growth rate is calculated with least square regression.

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

India Grid Trust Dividend Payout Ratio Historical Data

The historical data trend for India Grid Trust'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.

India Grid Trust Dividend Payout Ratio Chart

India Grid Trust Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Dividend Payout Ratio

Get a 7-Day Free Trial

1.75

1.35

1.58

2.56

2.07

India Grid Trust Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23
Dividend Payout Ratio	Get a 7-Day Free Trial															2.68	1.93	1.97	1.82	6.77

Competitive Comparison of India Grid Trust's Dividend Payout Ratio

For the Utilities - Independent Power Producers subindustry, India Grid Trust'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.

India Grid Trust's Dividend Payout Ratio Distribution in the Utilities - Independent Power Producers Industry

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

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

India Grid Trust Dividend Payout Ratio Calculation

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

India Grid Trust'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 )
	=	13.088	/	6.339
	=	2.06

India Grid Trust's Dividend Payout Ratio for the quarter that ended in Sep. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Sep. 2023 )	/	EPS without NRI (Q: Sep. 2023 )
	=	3.45	/	0.51
	=	6.76

India Grid Trust (BOM:540565) 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.

India Grid Trust Dividend Payout Ratio Related Terms

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

India Grid Trust (BOM:540565) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » India Grid Trust (BOM:540565) » Definitions » Dividend Payout Ratio

Traded in Other Exchanges

INDIGRID:India

Address

Off CST Road, Vidyanagari Marg, Unit No. 101, First Floor, Windsor, Village KoleKalyan, Kalina, Santacruz (East), Mumbai, MH, IND, 400 098

Website

https://www.indigrid.co.in

India Grid Trust is an infrastructure investment trust established to own inter-state power transmission assets in India. Its asset portfolio comprises nine power transmission projects located across 18 states and 1 union territory in India. The projects comprise extra high voltage (EHV) overhead power transmission lines, comprising approximately seven 765 kV transmission lines and thirty 400 kV transmission lines.

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