Torrent Power Dividend yield

 Price  656.90
 Dividend  13.01
 Earnings  44.99
 Cash-flow  55.20
 Book value  226.52
 Equity  218.40

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 stock dividend

Torrent Power paid a total dividend of 6,258 million INR last year, for a market value of 315,969 millions (Market Cap 141,965 millions). Torrent Power dividend per share is 13.01 INR, and his stock market price 656.90 INR.

According to the chart below, where dividend yield is displayed, Torrent Power has a dividend yield of 1.98%, 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 stocks dividend with other Electricity companies or other of the highest India dividend stocks list.

Dividend yield of Torrent Power

Torrent Power Dividend Payout

About the ability of Torrent Power to maintain his current dividend of INR 13.01 per share, an amount that accounts for 1.98%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Torrent Power payout on ernings is currently 28.92%, which is lower than the market average and companies of Utilities industry, which are 39.34% and 60.08% 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 55.20 per share, which is higher than the dividend per share paid by the company of INR 13.01, 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

Below you will find a table with the historical evolution of Torrent Power's dividend stock, both in percentage and in INR, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year Yield  INR  Paypout  Shares* 

*In millions

Then you can see the evolution of Torrent Power dividend stock, and compare it with the average of India stocks and that of the Electricity stocks.

Torrent Power stock dividend history

Torrent Power Stock performance

Finally, last moth Torrent Power showed a return of -2.90% compared to a worldwide -2.49% average, and a -2.79% of Utilities firms. Over the last year, the company obtained a 15.70% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for India and Electricity firms.

Torrent Power stock and market return