Power Finance Corporation Limited, a non-banking finance company, provides financial products and related advisory, and other services to the power sector in India. The company offers fund based financial policies/products, including guidelines for solar and wind power generation projects, as well as for funding private sector independent transmission projects; debt refinancing and prepayment policy for solar wind projects; takeout financing, asset acquisition, bridge and corporate loan, buyer's line of credit, credit facility for purchase of power through power exchange, energy saving project, and project and short-term loan services; financing of fuel supply projects and equipment manufacturers; grants/interest free loans for studies/consultancies; lease financing for the purchase of equipment and wind power projects; line of credit for import of coal; policy for investment in equity of power projects; guidelines for funding grid connected solar thermal private sector power generation projects; policy for underwriting of debt; refinancing of debt of commissioned projects along with additional corporate loans for new-expansion-acquisition of projects; and financial assistance to distribution franchisee. It also provides non-fund based policies/products comprising guarantees, letter of comfort, and policy for guarantee for credit enhancement. In addition, the company offers non-fund based consultancy services. Power Finance Corporation Limited was incorporated in 1986 and is headquartered in New Delhi, India.
Power Finance Dividend Announcement
• Power Finance announced a quarterly dividend of ₹3.50 per ordinary share which will be made payable on 2024-12-08. Ex dividend date: 2024-11-25
• Power Finance annual dividend for 2024 was ₹15.75
• Power Finance annual dividend for 2023 was ₹12.50
• Power Finance's trailing twelve-month (TTM) dividend yield is 3.27%
• Power Finance's payout ratio for the trailing twelve months (TTM) is 19.20%
Power Finance Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-11-25 | ₹3.50 | quarterly | 2024-12-08 |
| 2024-08-30 | ₹3.25 | quarterly | 2024-09-05 |
| 2024-07-26 | ₹2.50 | quarterly | 2024-09-20 |
| 2024-03-22 | ₹3.00 | quarterly | |
| 2024-02-20 | ₹3.50 | quarterly | |
| 2023-11-24 | ₹4.50 | quarterly | 2023-12-08 |
| 2023-06-16 | ₹4.50 | quarterly | 2023-10-12 |
| 2023-02-24 | ₹3.50 | quarterly | 2023-03-14 |
| 2022-11-24 | ₹3.00 | quarterly | 2022-12-09 |
| 2022-09-01 | ₹2.25 | quarterly | 2022-09-11 |
| 2022-06-09 | ₹1.25 | quarterly | 2022-10-20 |
| 2022-02-25 | ₹6.00 | quarterly | 2022-03-12 |
| 2021-11-24 | ₹2.50 | quarterly | 2021-12-10 |
| 2021-08-31 | ₹2.25 | quarterly | 2021-09-10 |
| 2021-07-01 | ₹2.00 | quarterly | 2021-10-21 |
| 2021-03-19 | ₹8.00 | quarterly | 2021-03-31 |
| 2020-02-28 | ₹9.50 | quarterly | 2020-03-12 |
| 2018-03-06 | ₹1.80 | quarterly | 2018-03-27 |
| 2017-11-10 | ₹6.00 | quarterly | 2017-12-02 |
| 2017-03-30 | ₹5.00 | quarterly | 2017-04-07 |
| 2016-08-11 | ₹0.60 | quarterly | 2016-09-18 |
| 2016-02-16 | ₹4.50 | quarterly | 2016-02-24 |
| 2015-12-23 | ₹8.80 | quarterly | 2016-01-15 |
| 2015-09-15 | ₹0.60 | quarterly | 2015-10-24 |
| 2015-03-04 | ₹8.50 | quarterly | 2015-04-26 |
| 2014-09-10 | ₹0.20 | quarterly | 2014-10-26 |
| 2014-02-07 | ₹8.80 | quarterly | 2014-02-17 |
| 2013-09-10 | ₹1.00 | quarterly | 2013-10-26 |
| 2013-02-04 | ₹6.00 | quarterly | 2013-02-13 |
| 2012-09-05 | ₹1.00 | quarterly | 2012-10-21 |
| 2012-02-08 | ₹5.00 | quarterly | 2012-02-17 |
Power Finance Dividend per year
Power Finance Dividend growth
Power Finance Dividend Yield
Power Finance current trailing twelve-month (TTM) dividend yield is 3.27%. Interested in purchasing Power Finance stock? Use our calculator to estimate your expected dividend yield:
Power Finance Financial Ratios
P/E ratio7.50
PEG ratio0.07
P/B ratio1.44
ROE19.18%
Payout ratio19.20%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00
Power Finance Dividend FAQ
How much is the next Power Finance dividend?
Power Finance's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Power Finance dividend. The next Power Finance dividend will be released in February, June, or November.
When is Power Finance dividend paid?
Power Finance pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, June, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Power Finance pay?
The specific amount of Power Finance dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Power Finance's dividend history.
Does Power Finance stock pay dividends?
Yes, Power Finance does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Power Finance's dividend history.
How much dividend does Power Finance pay?
Power Finance paid ₹15.75 in 2024, ₹12.5 in 2023, ₹12.5 in 2022, ₹14.75 in 2021, and ₹9.5 in 2020.
How often does Power Finance pay dividends?
Power Finance typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around February, June, and November.
What is Power Finance's dividend yield?
The current dividend yield for Power Finance is 3.27%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Power Finance's exact dividend yield.
When does Power Finance go ex dividend?
Power Finance's ex-dividend date for the latest dividend was on 2024-11-25. Power Finance typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Power Finance dividend paid?
Power Finance pays dividends on a quarterly basis, typically around February, June, or November, but the exact dates can vary each year.
Will Power Finance increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Power Finance will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Power Finance dividend per share?
Power Finance paid ₹15.75 per share in 2024 and ₹12.5 per share in 2023. The amount of dividend per share that Power Finance pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Power Finance a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Power Finance a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Power Finance a dividend stock?
Yes, Power Finance is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Power Finance a good dividend stock?
Whether Power Finance is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Power Finance has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Power Finance 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.
Other factors to consider when evaluating Power Finance 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.
Does Power Finance pay dividends monthly?
Power Finance typically pays dividends on a quarterly basis.
Does Power Finance pay dividends quarterly?
Power Finance currently pays dividends on a quarterly basis.
Has Power Finance ever paid a dividend?
Yes, Power Finance has a history of paying dividends to its shareholders. Power Finance is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Power Finance dividend stocks?
To buy Power Finance you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Power Finance stock.
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.
Place an order: Use the brokerage's trading platform to place an order to buy Power Finance stock.
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.
When does Power Finance pay dividends 2024?
Power Finance pays dividends on a quarterly basis. 2024 dividend payments are in 2024-12-08. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Power Finance increase its dividend in 2024?
Decisions regarding Power Finance dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Power Finance dividend overview you can look into the above table of dividend history.
How Power Finance dividend works?
The Power Finance dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Power Finance's dividend process works:
1. Determination of Dividend: Power Finance'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, Power Finance 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, Power Finance 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 Power Finance 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. Determination of Dividend: Power Finance'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, Power Finance 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, Power Finance 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 Power Finance 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.
How are Power Finance dividends paid?
Power Finance dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Power Finance 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, Power Finance distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Power Finance 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.
1. Record Date: Power Finance 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, Power Finance distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Power Finance 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.
How many times does Power Finance pay dividends?
Power Finance typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Power Finance pay dividends?
The general pattern is that Power Finance pays dividends around February, June, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Power Finance dividend safe?
The safety of Power Finance's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Power Finance'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 Power Finance'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.
To assess the safety of Power Finance'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 Power Finance'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.