Torrent Power Dividend yield

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

Torrent Power paid a total dividend of 2,405 million INR last year, for a market value of 136,604 millions (Market Cap 32,759 millions). Dividend per share of Torrent Power is 5.00 INR, and his stock market price 284.00 INR.

According to the chart below, where dividend yield is displayed, Torrent Power has a dividend yield of 1.76%, 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 Torrent Power dividend yield with other Electricity companies or firms from India.

Torrent Power Dividend Payout

About the ability of Torrent Power to maintain his current dividend of INR 5.00 per share, an amount that accounts for 1.76%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Torrent Power payout on ernings is currently 26.58%, which is lower than the market average and companies of Utilities industry, which are 42.49% and 54.75% respectively. Both figures lead us to believe that there is confidence that Torrent Powercan 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 Torrent Power is INR 33.02 per share, which is higher than the dividend per share paid by the company of INR 5.00, so the company generates enough cash to maintain his dividend in the future.

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

Torrent Power Stock performance

Finally, last moth Torrent Power showed a return of 1.40% compared to a worldwide 2.72% average, and a 3.42% of Utilities firms. Over the last year, the company obtained a 8.50% versus a worldwide performance of a 17.42%. More detailed information can be seen in the following graph for India and Electricity firms.