NHPC Limited, together with its subsidiaries, generates and sells electricity in India. The company generates electricity through hydro, wind, and solar power stations. It owns and operates 24 power stations with an installed capacity of 7071.2 megawatts. The company also offers consultancy services in the areas of river basin studies; detailed survey and investigations; cost engineering; environmental impact assessment and environmental management plans; project reports, clearances, and investment decision; tendering for civil / mechanical /electrical works; contract management and assistance in procurement; equipment planning and management; construction planning and management; quality control and assurance; operation and maintenance; renovation, modernization, and uprating of hydropower stations; hydro power, tidal, wind, and geothermal development; lenders independent engineers/ review consultant/ technocommercial advisory services; projects execution; training / human resources development; and information technology and communication. In addition, it provides project management and construction contract services, as well as trades in power. The company sells electricity to bulk customers that include electricity utilities owned by state governments/private distribution companies. The company was formerly known as National Hydroelectric Power Corporation Ltd. NHPC Limited was incorporated in 1975 and is based in Faridabad, India.
NHPC Dividend Announcement
• NHPC announced a semi annually dividend of ₹0.50 per ordinary share which will be made payable on 2024-09-27. Ex dividend date: 2024-08-12
• NHPC annual dividend for 2024 was ₹1.90
• NHPC annual dividend for 2023 was ₹1.85
• NHPC's trailing twelve-month (TTM) dividend yield is 2.23%
• NHPC's dividend growth over the last five years (2018-2023) was 5.73% year
• NHPC's dividend growth over the last ten years (2013-2023) was 11.92% year
NHPC Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-12 | ₹0.50 | semi annually | 2024-09-27 |
2024-02-22 | ₹1.40 | semi annually | 2024-03-13 |
2023-08-22 | ₹0.45 | semi annually | 2023-09-30 |
2023-02-17 | ₹1.40 | semi annually | 2023-03-09 |
2022-08-10 | ₹0.50 | semi annually | 2022-09-24 |
2022-02-22 | ₹1.31 | semi annually | 2022-03-13 |
2021-09-16 | ₹0.35 | semi annually | 2021-10-29 |
2021-02-22 | ₹1.25 | semi annually | 2021-03-13 |
2020-09-17 | ₹0.32 | semi annually | 2020-10-29 |
2020-02-17 | ₹1.18 | semi annually | 2020-03-08 |
2019-09-12 | ₹0.75 | semi annually | 2019-10-23 |
2019-02-18 | ₹0.71 | semi annually | 2019-03-10 |
2018-09-12 | ₹0.28 | semi annually | 2018-10-27 |
2018-02-20 | ₹1.12 | semi annually | 2018-03-14 |
2017-09-13 | ₹0.10 | semi annually | 2017-10-27 |
2017-01-19 | ₹1.70 | semi annually | 2017-02-11 |
2016-09-08 | ₹0.58 | semi annually | 2016-10-22 |
2016-02-18 | ₹0.92 | semi annually | 2016-03-11 |
2015-09-10 | ₹0.40 | semi annually | 2015-10-23 |
2015-01-29 | ₹0.20 | semi annually | 2015-02-15 |
2014-09-11 | ₹0.30 | semi annually | 2014-10-26 |
2013-08-30 | ₹0.60 | semi annually | 2013-10-16 |
NHPC Dividend per year
NHPC Dividend growth
NHPC Dividend Yield
NHPC current trailing twelve-month (TTM) dividend yield is 2.23%. Interested in purchasing NHPC stock? Use our calculator to estimate your expected dividend yield:
NHPC Financial Ratios
NHPC Dividend FAQ
Other factors to consider when evaluating NHPC 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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1. Determination of Dividend: NHPC'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, NHPC 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, NHPC 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 NHPC 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: NHPC 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, NHPC distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: NHPC 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 NHPC'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 NHPC'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.