The Tata Power Company Limited engages in the generation, transmission, distribution, and trading of electricity in India and internationally. It operates through Generation, Renewables, Transmission and Distribution, and Others segments. The Generation segment generates power from hydroelectric and thermal sources, such as coal, gas, and oil. The Renewables segment generates power from renewable energy sources, which include wind and solar. The Transmission and Distribution segment transmits and distributes electricity; sells power to retail customers through distribution network and related ancillary services. The Others segment offers project management contracts/infrastructure management, and property development services, as well as rents oil tanks. The company also manufactures and sells solar photovoltaic cells and modules, and pumps; operates electric vehicle charging stations and coal mines; generates electricity through waste heat sources; trades in power; and provides engineering, procurement, and construction, as well as logistics services. In addition, it offers solar powered water purifier solutions with reverse osmosis or ultra filtration technologies; and microgrid, rooftop solar, and home automation solutions. As of June 8, 2022, the company had an installed capacity of 13,735 MW. The Tata Power Company Limited was founded in 1915 and is based in Mumbai, India.
Tata Power Dividend Announcement
• Tata Power announced a annually dividend of ₹2.00 per ordinary share which will be made payable on 2024-08-15. Ex dividend date: 2024-07-04
• Tata Power annual dividend for 2024 was ₹2.00
• Tata Power annual dividend for 2023 was ₹2.00
• Tata Power's trailing twelve-month (TTM) dividend yield is 0.46%
• Tata Power's dividend growth over the last five years (2018-2023) was 9.00% year
• Tata Power's dividend growth over the last ten years (2013-2023) was 5.69% year
Tata Power Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-04 | ₹2.00 | annually | 2024-08-15 |
2023-06-07 | ₹2.00 | annually | 2023-07-19 |
2022-06-15 | ₹1.75 | annually | 2022-08-06 |
2021-06-17 | ₹1.55 | annually | 2021-08-04 |
2020-07-14 | ₹1.55 | annually | 2020-08-29 |
2019-06-04 | ₹1.30 | annually | 2019-07-18 |
2018-07-12 | ₹1.30 | annually | 2018-08-26 |
2017-08-10 | ₹1.30 | annually | 2017-09-22 |
2016-09-07 | ₹1.30 | annually | 2016-09-23 |
2016-07-22 | ₹1.30 | annually | |
2015-07-20 | ₹1.30 | annually | 2015-09-04 |
2014-07-23 | ₹1.25 | annually | 2014-09-13 |
2013-07-26 | ₹1.15 | annually | 2013-09-15 |
Tata Power Dividend per year
Tata Power Dividend growth
Tata Power Dividend Yield
Tata Power current trailing twelve-month (TTM) dividend yield is 0.46%. Interested in purchasing Tata Power stock? Use our calculator to estimate your expected dividend yield:
Tata Power Financial Ratios
Tata Power Dividend FAQ
Other factors to consider when evaluating Tata Power 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.
Place an order: Use the brokerage's trading platform to place an order to buy Tata Power 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.
1. Determination of Dividend: Tata Power'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, Tata Power 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, Tata Power 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 Tata Power 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: Tata Power 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, Tata Power distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Tata Power 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 Tata Power'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 Tata Power'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.