Torrent Power Dividend yield




   INR/share 
 Price  491.85
 Dividend  14.51
 Earnings  27.02
 Cash-flow  47.29
 Book value  213.85
 Equity  200.15

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 6,979 million INR last year, for a market value of 236,580 millions (Market Cap 106,296 millions). Dividend per share of Torrent Power is 14.51 INR, and his stock market price 491.85 INR.

According to the chart below, where dividend yield is displayed, Torrent Power has a dividend yield of 2.95%, which is similar to the amount offered by both the market average and companies from India. However, it is lower than the average of Utilities industry. The company should be deeply analized because dividend yields should be similar among companies from the same industry unless they carry an opposite strategy.

In addition, you should compare Torrent Power dividend yield with other Electricity companies or firms from India.

Dividend yield of Torrent Power

Torrent Power Dividend Payout

About the ability of Torrent Power to maintain his current dividend of INR 14.51 per share, an amount that accounts for 2.95%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Torrent Power payout on ernings is currently 53.70%, which is higher than the market average, but lower than companies of Utilities industry, which are 38.25% and 54.88% respectively. Both figures show that Torrent Power should not have problems to continue paying his 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 47.29 per share, which is higher than the dividend per share paid by the company of INR 14.51, 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 payout

Torrent Power Dividend History

Year Yield  INR  Paypout  Shares* 
Present2.95%14.5153.70%481
20211.99%11.0240.62%481
20205.23%16.60110.89%481
20191.76%5.0026.58%481
20181.91%5.0025.41%481
20170.78%2.2124.50%481
20162.52%4.4924.67%481
20150.81%1.4919.13%472

*In millions

Torrent Power Stock performance

Finally, last moth Torrent Power showed a return of 3.50% compared to a worldwide 1.12% average, and a 2.24% of Utilities firms. Over the last year, the company obtained a 16.10% versus a worldwide performance of a 5.73%. More detailed information can be seen in the following graph for India and Electricity firms.

Torrent Power stock and market return