Power Grid Corporation of India Limited announced an interim dividend in the meeting held on 9 February 2022, according to which the company will pay a dividend of Rs 5.5 per share to its shareholders. Its ex-dividend date is 16 February.
Shareholders held on or before February 15 will be eligible for the dividend. The yield of this dividend is made up to 5.78%.
This dividend is the second interim dividend of the financial year 2021-22 of this company. Earlier, the company had paid an interim dividend of Rs 4 per share in December 2021.
The company is involved in interstate transmission systems, telecom, and consultancy services.
| 52 Week High | 220.20 |
| 52 Week Low | 148.88 |
| Sector PE | 13.01 |
| Face Value | 10 |
| Dividend Yield | 5.78 |
| Mkt Cap (Rs. Cr.) | 144,949 |
| Book Value Per Share | 100.26 |
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| Net Profit 2021 (Rs. Cr.) | 11,821 |
| Debt to equity (2021) | 1.87 |
| Revenue 2021 (Rs. Cr.) | 39,639 |
| EPS | 23.01 |
| ROE | 17.21 |
| Dividend/Share (INR) (Mar 2021) | 12.00 |
| Promoters holding | 51.34% |
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This article is only for education purpose and the author has his own views and research, so if you invest in these stocks then do it at your own risk and do the research yourself before investing.
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