Power Grid Corporation of India Ltd. Dividend (2022)

Latest Dividend: POWERGRID has declared a Second Interim Dividend of Rs.5.50 for the financial year 2021-22. The Record Date for determining entitlement of shareholders to dividend is February 17, 2022.

Dividend Info

Power Grid Corporation of India Ltd. has a good dividend-paying record. The company typically pays two dividends per year (excluding specials), and it has consistently declared dividends for the last five years.

On February 09, 2022, POWERGRID, declared a Second Interim Dividend of Rs. 17.00 per share on the equity shares of the face value of Rs. 10/- each for the fiscal year 2021-22.

The Record Date for determining the entitlement of shareholders to the dividend is February 17, 2022. Additionally, the Dividend payment would be made on/or before March 08, 2022.

Key Metrics

🔍	Symbol	Company Name	Price	Div.	Type	Ex-Date	Pay Date	Ann. Div.	Yield	3YR Dividend Yield	Frequency	Payout Ratio	EPS	P/E	Price/Sales	Price/Book	52-Week Low	52-Week High	Mkt Cap (Rs. Cr.)
	POWERGRID	Power Grid Corporation of India Ltd.	318.60	5.50	Interim	16/02/2022	08/03/2022	12.50	3.92%	8.30%	Semiannually	12.86%	16.89	18.97	3.53	2.07	207.95	366.25	296,131.19

POWERGRID Dividend History

The chart below shows the full dividend history for Power Grid Corporation of India Ltd.

Below are the historical dividend data for POWERGRID since 2008

Announcement	Ex-Date	Type	Dividend	Dividend %	Remarks
22/02/2008	10/03/2008	Interim	0.50	5.00
19/06/2008	01/09/2008	Final	0.70	7.00	AGM
20/01/2009	04/02/2009	Interim	0.50	5.00
16/06/2009	21/08/2009	Final	0.70	7.00
24/12/2009	11/01/2010	Interim	0.50	5.00
26/05/2010	07/09/2010	Final	1.00	10.00
25/01/2011	11/02/2011	Interim	0.50	5.00
24/05/2011	06/09/2011	Final	1.25	12.50
25/01/2012	13/02/2012	Interim	0.80	8.00
29/05/2012	05/09/2012	Final	1.31	13.10
30/01/2013	15/02/2013	Interim	1.61	16.10
28/05/2013	05/09/2013	Final	1.14	11.40
13/02/2014	04/03/2014	Interim	1.27	12.70
29/05/2014	04/09/2014	Final	1.31	13.10
23/02/2015	09/03/2015	Interim	0.69	6.90
01/06/2015	07/09/2015	Final	1.31	13.10
18/01/2016	03/02/2016	Interim	0.80	8.00
27/05/2016	08/09/2016	Final	1.51	15.10
27/01/2017	16/02/2017	Interim	1.00	10.00
31/05/2017	11/09/2017	Final	3.35	33.50
23/01/2018	08/02/2018	Interim	2.45	24.50
29/05/2018	10/09/2018	Final	2.80	28.00
22/02/2019	14/03/2019	Interim	5.83	58.30
29/05/2019	19/08/2019	Final	2.50	25.00
27/02/2020	16/03/2020	Interim	5.96	59.60
22/06/2020	02/09/2020	Final	4.04	40.40
07/12/2020	17/12/2020	Interim	5.00	50.00
23/02/2021	08/03/2021	Interim	4.00	40.00
17/06/2021	08/09/2021	Final	3.00	30.00
15/12/2021	22/12/2021	Interim	4.00	40.00
15/12/2021	22/12/2021	Special	3.00	30.00
09/02/2022	16/02/2022	Interim	5.50	55.00
			∑ = 69.83

Peer Comparison

Symbol	Company Name	Price	Div.	Type	Ex-Date	Pay Date	Ann. Div.	Yield	3YR Div. Yield	Frequency	Payout	EPS	P/E	Price/Sales	Price/Book	52-Week Low	52-Week High	Mkt Cap (Rs. Cr.)
SJVN	SJVN Ltd.	103.17	1.15	Interim	21/02/2022	12/03/2022	1.55	1.50%	7.41%	Semiannually	38.89%	2.50	41.56	4.83	0.90	75.25	161.45	40,661.58
POWERGRID	Power Grid Corporation of India Ltd.	318.60	5.50	Interim	16/02/2022	08/03/2022	12.50	3.92%	8.30%	Semiannually	12.86%	16.89	18.97	3.53	2.07	207.95	366.25	296,131.19
POWERINDIA	ABB Power Products and Systems India Ltd.	11,313.40	2.00	Final	19/05/2021	26/06/2021	2.00	0.02%	0.00%	Annually	0.00%	47.00	238.66	1.68	6.19	4,569.90	16,549.95	48,007.63
TATAPOWER	Tata Power Ltd.	404.25	1.55	Final	17/06/2021	04/08/2021	1.55	0.38%	1.92%	Annually	36.49%	11.70	34.75	1.12	1.61	257.05	494.85	129,091.70
NHPC	NHPC Ltd.	78.55	1.31	Interim	22/02/2022	13/03/2022	1.66	2.11%	6.33%	Semiannually	47.10%	2.96	26.63	3.19	0.84	52.25	118.40	78,833.40
NTPC	NTPC Ltd.	356.55	4.00	Interim	03/02/2022	21/02/2022	7.15	2.01%	4.41%	Semiannually	19.94%	22.77	15.76	1.10	1.06	247.30	448.45	345,831.62
PTC	PTC India Ltd.	160.60	2.00	Interim	25/11/2021	11/12/2021	7.50	4.67%	6.32%	Annually	46.96%	18.80	8.54	0.18	0.73	152.65	254.60	4,747.97
JSWENERGY	JSW Energy Ltd.	689.95	2.00	Final	27/07/2021	03/09/2021	2.00	0.29%	1.21%	Annually	41.29%	11.42	60.42	4.06	1.93	397.65	804.90	120,418.97
KPIGLOBAL	KPI Global Infrastructure Ltd.		0.40	Interim	24/01/2022	16/02/2022	1.00		0.14%	Annually	2.88%			5.31	6.19			0.00
CESC	CESC Ltd.	170.16	4.50	Interim	24/01/2022	12/02/2022	4.50	2.64%	4.98%	Annually	43.95%	10.66	15.98	0.99	1.18	96.50	212.49	22,585.06
TORNTPOWER	Torrent Power Ltd.	1,573.00	9.00	Interim	10/02/2022	05/03/2022	14.50	0.92%	3.08%	Annually	52.05%	46.68	33.71	1.81	2.34	784.20	2,037.00	75,430.39

POWERGRID Dividend FAQ

What was the most recent POWERGRID dividend announcement?
- POWERGRID announced a Second Interim Dividend of Rs. 5.50 for the financial year 2021-22 on February 09, 2022.
What is the POWERGRID ex-dividend date in 2022?
- The POWERGRID ex-dividend date is 16 February 2022.
What is the POWERGRID dividend record date in 2022?
- The POWERGRID dividend record date is 17 February 2022.
What is POWERGRID dividend payment date?
- The POWERGRID dividend payout date is 08 March 2022.
When will POWERGRID dividend get credited in bank account?
- The POWERGRID dividend payment will be credited on or before 08 March 2022.
What is POWERGRID dividend payout ratio?
- The dividend payout ratio for POWERGRID is 12.86%.
How many times does POWERGRID pay dividends in a year?
- POWERGRID typically pays two dividends per year, and it has been consistently declaring dividends for the last five years.

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