Indian Energy Exchange Limited operates a power trading platform. It enables trading and price discovery of electricity and related products with risk management for participants of the electricity market. The company's products include Day-Ahead Market, a physical electricity trading market for deliveries for any/some/all 15 minute time blocks in 24 hours of next day starting from midnight; Term-Ahead-Market that provides a range of products allowing participants to buy/sell electricity on intra-day, day-ahead contingency, and term ahead contracts; Real-Time Market, an auction session every half an hour with power to be delivered after 4 time blocks or an hour after gate closure of the auction; Renewable Energy Certificates to ease the purchase of renewable energy by the state utilities and obligated entities; Green Day-Ahead Market, a double-sided closed collective auction in renewable energy on a day-ahead basis; Cross-Border Electricity Trade, an endeavour towards building an integrated South Asian Power Market; and Energy Saving Certificates, a market-based instrument designed for the consumers in energy industries, such as aluminum, cement, thermal Power plant, distribution, utilities, refineries, railways, fertilizer, and iron and steel etc. Indian Energy Exchange Limited was incorporated in 2007 and is based in New Delhi, India.
Indian Energy Exchange Dividend Announcement
• Indian Energy Exchange announced a semi annually dividend of ₹1.50 per ordinary share which will be made payable on 2024-09-05. Ex dividend date: 2024-05-31
• Indian Energy Exchange annual dividend for 2024 was ₹2.50
• Indian Energy Exchange annual dividend for 2023 was ₹1.00
• Indian Energy Exchange's trailing twelve-month (TTM) dividend yield is 1.5%
Indian Energy Exchange Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-31 | ₹1.50 | semi annually | 2024-09-05 |
2024-02-02 | ₹1.00 | semi annually | 2024-02-24 |
2023-07-28 | ₹1.00 | semi annually | 2023-10-05 |
2022-08-11 | ₹1.00 | semi annually | 2022-10-02 |
2022-02-03 | ₹1.00 | semi annually | 2022-02-23 |
2021-08-18 | ₹1.50 | semi annually | 2021-10-24 |
2021-01-28 | ₹2.50 | semi annually | 2021-02-20 |
2020-03-19 | ₹2.50 | semi annually | 2020-04-10 |
2018-09-10 | ₹22.00 | semi annually | 2018-10-18 |
Indian Energy Exchange Dividend per year
Indian Energy Exchange Dividend growth
Indian Energy Exchange Dividend Yield
Indian Energy Exchange current trailing twelve-month (TTM) dividend yield is 1.5%. Interested in purchasing Indian Energy Exchange stock? Use our calculator to estimate your expected dividend yield:
Indian Energy Exchange Financial Ratios
Indian Energy Exchange Dividend FAQ
Other factors to consider when evaluating Indian Energy Exchange as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
1. Determination of Dividend: Indian Energy Exchange's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Indian Energy Exchange publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Indian Energy Exchange distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Indian Energy Exchange are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Indian Energy Exchange sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Indian Energy Exchange distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Indian Energy Exchange declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Indian Energy Exchange's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Indian Energy Exchange's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.