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Torrent Power Limited, an integrated power utility, engages in the generation, transmission, and distribution of electricity in India. The company owns thermal and renewable power plants with a generation capacity of approximately 4,110 megawatts. It also distributes electricity in the cities of Ahmedabad, Gandhinagar, Surat, and Dahej SEZ covering the total area of approximately 425 square kilometers, as well as Dholera SIR covering an area of 920 square kilometers; and operates as a franchisee for electricity distribution in the cities of Bhiwandi, Agra, and Shil-Mumbra-Kalwa covering an area of approximately 1,007 square kilometers. In addition, the company is involved in the manufacture and supply of power cables. It serves approximately 4 million customers in the states of Gujarat, Maharashtra, Uttar Pradesh, Rajasthan, Madhya Pradesh, and Karnataka, as well as operations in the union territory of Dadra and Nagar Haveli, and Daman and Diu with approximately 0.2 million customers covering 603 square kilometers. The company was incorporated in 2004 and is based in Ahmedabad, India. Torrent Power Limited is a subsidiary of Torrent Investments Private Limited.

Torrent Power Dividend Announcement

Torrent Power announced a semi annually dividend of ₹4.00 per ordinary share which will be made payable on 2024-08-29. Ex dividend date: 2024-06-14
Torrent Power annual dividend for 2024 was ₹16.00
Torrent Power annual dividend for 2023 was ₹17.00
Torrent Power's trailing twelve-month (TTM) dividend yield is 0.95%
Torrent Power's dividend growth over the last five years (2018-2023) was 27.73% year
Torrent Power's dividend growth over the last ten years (2013-2023) was 23.86% year

Torrent Power Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-06-14₹4.00semi annually2024-08-29
2024-02-16₹12.00semi annually
2023-06-16₹4.00semi annually2023-09-08
2023-02-22₹13.00semi annually2023-03-16
2022-02-10₹9.00semi annually2022-04-01
2021-06-24₹5.50semi annually2021-09-03
2021-02-16₹5.50semi annually2021-03-11
2020-02-18₹11.60semi annually2020-03-13
2019-06-13₹5.00semi annually2019-09-04
2018-06-08₹5.00semi annually2018-08-31
2017-06-08₹2.20semi annually2017-08-31
2016-03-17₹4.50semi annually2016-03-23
2015-06-11₹1.50semi annually2015-09-03
2014-06-12₹0.50semi annually2014-08-27
2013-06-13₹2.00semi annually2013-08-24

Torrent Power Dividend per year

Torrent Power Dividend growth

Torrent Power Dividend Yield

Torrent Power current trailing twelve-month (TTM) dividend yield is 0.95%. Interested in purchasing Torrent Power stock? Use our calculator to estimate your expected dividend yield:

Torrent Power Financial Ratios

P/E ratio36.16
PEG ratio0.12
P/B ratio6.09
ROE17.83%
Payout ratio0.00%
Current ratio1.31
Quick ratio1.21
Cash Ratio0.05

Torrent Power Dividend FAQ

How much is the next Torrent Power dividend?
Torrent Power's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Torrent Power dividend. The next Torrent Power dividend will be released in February, or June.
When is Torrent Power dividend paid?
Torrent Power pays dividends on a semi annually basis. The specific dates may vary each year but are generally around February, and June. 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 Torrent Power pay?
The specific amount of Torrent Power 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 Torrent Power's dividend history.
Does Torrent Power stock pay dividends?
Yes, Torrent Power 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 Torrent Power's dividend history.
How much dividend does Torrent Power pay?
Torrent Power paid ₹16.0 in 2024, ₹17.0 in 2023, ₹9.0 in 2022, ₹11.0 in 2021, and ₹11.6 in 2020.
How often does Torrent Power pay dividends?
Torrent Power typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around February, and June.
What is Torrent Power's dividend yield?
The current dividend yield for Torrent Power is 0.95%. 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 Torrent Power's exact dividend yield.
When does Torrent Power go ex dividend?
Torrent Power's ex-dividend date for the latest dividend was on 2024-06-14. Torrent Power 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 Torrent Power dividend paid?
Torrent Power pays dividends on a semi annually basis, typically around February, or June, but the exact dates can vary each year.
Will Torrent Power 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 Torrent Power 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 Torrent Power dividend per share?
Torrent Power paid ₹16.0 per share in 2024 and ₹17.0 per share in 2023. The amount of dividend per share that Torrent Power 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 Torrent Power 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 Torrent Power 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 Torrent Power a dividend stock?
Yes, Torrent Power is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Torrent Power a good dividend stock?
Whether Torrent Power is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Torrent Power has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Torrent 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.
Does Torrent Power pay dividends monthly?
Torrent Power typically pays dividends on a semi annually basis.
Does Torrent Power pay dividends quarterly?
Torrent Power currently pays dividends on a semi annually basis.
Has Torrent Power ever paid a dividend?
Yes, Torrent Power has a history of paying dividends to its shareholders. Torrent Power is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Torrent Power dividend stocks?
To buy Torrent Power 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 Torrent 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.
When does Torrent Power pay dividends 2024?
Torrent Power pays dividends on a semi annually basis. 2024 dividend payments are in 2024-08-29. 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 Torrent Power increase its dividend in 2024?
Decisions regarding Torrent Power 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 Torrent Power dividend overview you can look into the above table of dividend history.
How Torrent Power dividend works?
The Torrent Power 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 Torrent Power's dividend process works:

1. Determination of Dividend: Torrent 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, Torrent 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, Torrent 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 Torrent 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.
How are Torrent Power dividends paid?
Torrent Power dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Torrent 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, Torrent 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: Torrent 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.
How many times does Torrent Power pay dividends?
Torrent Power typically pays dividends on a semi annually 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 Torrent Power pay dividends?
The general pattern is that Torrent Power pays dividends around February, and June. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Torrent Power dividend safe?
The safety of Torrent Power'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 Torrent 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 Torrent 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.