Torrent Power Dividend yield




   INR/share 
 Price  492.35
 Dividend  14.52
 Earnings  9.67
 Cash-flow  54.10
 Book value  205.15
 Equity  210.22

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 6,984 million INR last year, for a market value of 236,820 millions (Market Cap 106,404 millions). Dividend per share of Torrent Power is 14.52 INR, and his stock market price 492.35 INR.

According to the chart below, where dividend yield is displayed, Torrent Power has a dividend yield of 2.95%, 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.

Dividend yield of Torrent Power

Torrent Power Dividend Payout

About the ability of Torrent Power to maintain his current dividend of INR 14.52 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 150.16%, which is higher than the market average, and companies of Utilities industry, which are 41.22% and 52.83% respectively. Both figures show that Torrent Power can have problems to keep with his present dividend yield.

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 54.10 per share, which is higher than the dividend per share paid by the company of INR 14.52, 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%14.52150.16%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 -8.40% compared to a worldwide -2.30% average, and a -0.70% of Utilities firms. Over the last year, the company obtained a -11.10% versus a worldwide performance of a -5.85%. More detailed information can be seen in the following graph for India and Electricity firms.

Torrent Power stock and market return