When does PTC India Limited usually announce its dividend?
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PTC India typically announces its final dividend around June, with the ex-dividend date falling in September.
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Introduction
PTC India Limited, established in 1999, is a power trading company promoted by NTPC, NHPC, PFC, and Power Grid Corporation. It facilitates both long-term and short-term power trading and has also ventured into cross-border electricity trade with Nepal, Bhutan, and Bangladesh. PTC India is a co-promoter of the Indian Energy Exchange (IEX) and has consistently maintained its presence in the Indian power market.
Latest Dividend Declared: ₹7.80 (Final, FY24)
Dividend Yield: 4.63%
Record Date: Notified as per exchange filing
Ex-Dividend Date: 19 September 2024
Payout Ratio: 48% (FY24)
Year | Dividend Per Share (₹) | Payout (%) |
2024 | 7.80 | 48 |
2023 | 7.80 | 52 |
2022 | 5.80 | 46 |
2021 | 7.50 | 49 |
2020 | 7.50 | 44 |
2019 | 4.00 | 28 |
As of FY24, PTC India Share Price reflected a dividend yield of 4.63%. For the year ending March 2024, the company recorded a total consolidated revenue of ₹16,80,536 lakh and a net profit of ₹53,316 lakh. Earnings per share from continuing and discontinued operations stood at ₹16.11. The company continues to show consistent profitability, with dividends being paid out in line with financial performance over the past years.
PTC India's dividend policy is influenced by a combination of its profitability, capital requirements, cash flows, and regulatory obligations. Factors such as trading volumes, operating margins, cross-border power demand, and overall sectoral developments play a role in shaping the dividend decisions.
Check Status: Visit the website of the Registrar & Transfer Agent or the company’s investor section.
Claim Process: If the dividend has not been credited, shareholders can write to the RTA or claim through the Investor Education and Protection Fund (IEPF) portal.
Bank Mandate: Ensure bank details are updated in the Demat account for smooth credit of dividends.
PTC India has maintained a history of consistent dividend payouts backed by stable financials and operational continuity. Its role in the power trading ecosystem, combined with strategic collaborations and ongoing trading activities, reflects in its dividend disbursement practices over the years.
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PTC India typically announces its final dividend around June, with the ex-dividend date falling in September.
As per the latest data, the dividend yield of PTC India stands at approximately 4.63%.
PTC India Limited’s dividend yield stands at 4.63%, which is relatively higher compared to several peers in the trading sector. For instance, Redington has a dividend yield of 2.70%, Aegis Logistics at 0.82%, while Adani Enterprises and MMTC reflect yields below 0.1% or none. Dividend yield levels vary based on company strategies, profitability, and payout policies.
Shareholders can check dividend status via the company’s investor relations section or through the registrar & transfer agent’s website.
Yes, PTC India has declared dividends regularly over the past several years, with both interim and final payouts during some financial years.
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