PTC India Limited, together with its subsidiaries, engages in the trading of power in India, Nepal, Bhutan, and Bangladesh. The company engages in long term, medium term, and short-term power trading activities, as well as cross border power trading business. It is involved in project financing activities, such as investing and providing financing solutions to projects in the power sector and related areas in the energy value chain. It also provides consultancy and advisory services. It operates renewable energy portfolio of 288.8 MW comprising 50 MW wind power projects in Madhya Pradesh; 50 MW wind power project in Karnataka; and 188.8 MW wind power projects in Andhra Pradesh. It serves utilities, generators, and industrial and commercial customers. The company was formerly known as Power Trading Corporation of India Ltd and changed its name to PTC India Limited. PTC India Limited was founded in 1999 and is based in New Delhi, India.
PTC India Dividend Announcement
• PTC India announced a annually dividend of ₹7.80 per ordinary share which will be made payable on 2024-10-26. Ex dividend date: 2024-09-19
• PTC India annual dividend for 2024 was ₹7.80
• PTC India annual dividend for 2023 was ₹7.80
• PTC India's trailing twelve-month (TTM) dividend yield is 4.32%
• PTC India's dividend growth over the last five years (2018-2023) was 14.29% year
• PTC India's dividend growth over the last ten years (2013-2023) was 17.16% year
PTC India Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-19 | ₹7.80 | annually | 2024-10-26 |
2023-09-20 | ₹7.80 | annually | 2023-10-27 |
2022-12-15 | ₹5.80 | annually | 2023-01-29 |
2021-11-25 | ₹2.00 | annually | 2021-12-11 |
2021-09-08 | ₹5.50 | annually | 2021-10-24 |
2020-11-19 | ₹2.00 | annually | 2020-12-09 |
2020-09-14 | ₹5.50 | annually | 2020-10-22 |
2019-09-20 | ₹4.00 | annually | 2019-10-30 |
2018-08-29 | ₹4.00 | annually | 2018-10-20 |
2017-09-13 | ₹3.00 | annually | 2017-10-25 |
2016-09-14 | ₹2.50 | annually | 2016-10-28 |
2015-09-16 | ₹2.20 | annually | 2015-10-23 |
2014-09-18 | ₹2.00 | annually | 2014-10-26 |
2013-08-07 | ₹1.60 | annually | 2013-09-18 |
PTC India Dividend per year
PTC India Dividend growth
PTC India Dividend Yield
PTC India current trailing twelve-month (TTM) dividend yield is 4.32%. Interested in purchasing PTC India stock? Use our calculator to estimate your expected dividend yield:
PTC India Financial Ratios
PTC India Dividend FAQ
Other factors to consider when evaluating PTC India 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: PTC India'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, PTC India 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, PTC India 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 PTC India 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: PTC India 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, PTC India distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: PTC India 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 PTC India'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 PTC India'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.