Power Grid Corp of I Dividend yield

Power Grid Corp of I is part of Electricity business, which is part of Utilities industry. Power Grid Corp of I is a company from India, and his stocks are publicly traded.

Power Grid Corp of I paid a total dividend of 27,416 million INR last year, for a market value of 1,039,337 millions (Market Cap 152,594 millions). Dividend per share of Power Grid Corp of I is 5.24 INR, and his stock market price 198.65 INR.

According to the chart below, where dividend yield is displayed, Power Grid Corp of I has a dividend yield of 2.64%, lower than the amount offered by both the market average and companies from India. It is also lower than average of Utilities industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Power Grid Corp of I dividend yield with other Electricity companies or firms from India.

Power Grid Corp of I Dividend Payout

About the ability of Power Grid Corp of I to maintain his current dividend of INR 5.24 per share, an amount that accounts for 2.64%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Power Grid Corp of I payout on ernings is currently 32.98%, which is lower than the market average and companies of Utilities industry, which are 40.41% and 52.21% respectively. Both figures lead us to believe that there is confidence that Power Grid Corp of Ican maintain his current dividend.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Power Grid Corp of I is INR 30.10 per share, which is higher than the dividend per share paid by the company of INR 5.24, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Power Grid Corp of I, compared againt world market average, India companies, Utilities industry and Electricity sector companies.

Power Grid Corp of I Stock performance

Finally, last moth Power Grid Corp of I showed a return of 10.30% compared to a worldwide -5.60% average, and a -0.45% of Utilities firms. Over the last year, the company obtained a -0.80% versus a worldwide performance of a -11.41%. More detailed information can be seen in the following graph for India and Electricity firms.