SJVN Limited, together with its subsidiaries, engages in the generation and sale of power in India, Nepal, and Bhutan. It operates the Nathpa Jhakri Hydro Power Station with a capacity of 1500 MW located in Shimla district, Himachal Pradesh, India; and the Rampur Hydro Power Station with an installed capacity of 412 MW in Kullu District, Himachal Pradesh. The company also operates the Khirvire Wind Power Project with a capacity of 47.6 MW in Ahmednagar district, Maharashtra; the Sadla Wind Power Project with an installed capacity of 50 MW in Surendranagar district, Gujrat; the Charanka Solar Power Plant with a capacity of 5.6 MW in Patan district, Gujarat; and an 86 km cross border transmission line with a capacity of 400 kV from Muzaffarpur to Sursand. In addition, it provides consultancy services in the field of hydro electric projects, highway tunnels, railway tunnels, etc. The company was formerly known as Satluj Jal Vidyut Nigam Limited and changed its name to SJVN Limited in September 2009. SJVN Limited was incorporated in 1988 and is based in Shimla, India.
SJVN Dividend Announcement
• SJVN announced a semi annually dividend of ₹0.65 per ordinary share which will be made payable on 2024-09-25. Ex dividend date: 2024-09-12
• SJVN annual dividend for 2024 was ₹1.80
• SJVN annual dividend for 2023 was ₹1.77
• SJVN's trailing twelve-month (TTM) dividend yield is 1.61%
• SJVN's dividend growth over the last five years (2018-2023) was -15.05% year
• SJVN's dividend growth over the last ten years (2013-2023) was 6.31% year
SJVN Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-12 | ₹0.65 | semi annually | 2024-09-25 |
2024-02-21 | ₹1.15 | semi annually | |
2023-09-21 | ₹0.62 | semi annually | 2023-10-28 |
2023-02-17 | ₹1.15 | semi annually | 2023-03-08 |
2022-09-21 | ₹0.55 | semi annually | 2022-10-20 |
2022-02-21 | ₹1.15 | semi annually | 2022-02-28 |
2021-09-21 | ₹0.40 | semi annually | 2021-10-29 |
2021-02-23 | ₹1.80 | semi annually | 2021-03-14 |
2020-09-21 | ₹0.50 | semi annually | 2020-10-29 |
2020-02-25 | ₹1.70 | semi annually | 2020-03-14 |
2019-09-19 | ₹0.65 | semi annually | 2019-10-27 |
2019-02-18 | ₹1.50 | semi annually | 2019-03-10 |
2018-09-17 | ₹0.20 | semi annually | 2018-10-25 |
2018-02-21 | ₹1.90 | semi annually | 2018-03-11 |
2018-02-16 | ₹1.90 | semi annually | |
2017-09-14 | ₹0.50 | semi annually | 2017-09-27 |
2017-02-22 | ₹2.25 | semi annually | 2017-03-06 |
2016-09-14 | ₹0.47 | semi annually | 2016-10-22 |
2016-02-16 | ₹0.63 | semi annually | 2016-02-24 |
2015-09-14 | ₹0.42 | semi annually | 2015-10-27 |
2015-02-16 | ₹0.63 | semi annually | 2015-02-25 |
2014-09-01 | ₹0.98 | semi annually | 2014-10-09 |
2013-09-04 | ₹0.96 | semi annually | 2013-10-12 |
SJVN Dividend per year
SJVN Dividend growth
SJVN Dividend Yield
SJVN current trailing twelve-month (TTM) dividend yield is 1.61%. Interested in purchasing SJVN stock? Use our calculator to estimate your expected dividend yield:
SJVN Financial Ratios
SJVN Dividend FAQ
Other factors to consider when evaluating SJVN 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: SJVN'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, SJVN 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, SJVN 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 SJVN 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: SJVN 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, SJVN distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: SJVN 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 SJVN'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 SJVN'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.