GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Torrent Power Ltd (BOM:532779) » Definitions » 3-Year Dividend Growth Rate

Torrent Power (BOM:532779) 3-Year Dividend Growth Rate : -18.50% (As of Dec. 2023)


View and export this data going back to 2006. Start your Free Trial

What is Torrent Power 3-Year Dividend Growth Rate?

Torrent Power's Dividends per Share for the three months ended in Dec. 2023 was ₹0.00.

The historical rank and industry rank for Torrent Power's 3-Year Dividend Growth Rate or its related term are showing as below:

BOM:532779' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -56.3   Med: 19.7   Max: 71
Current: -18.5

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Torrent Power was 71.00% per year. The lowest was -56.30% per year. And the median was 19.70% per year.

BOM:532779's 3-Year Dividend Growth Rate is ranked worse than
87.31% of 134 companies
in the Utilities - Independent Power Producers industry
Industry Median: 6.35 vs BOM:532779: -18.50

During the past 12 months, Torrent Power's average Dividends Per Share Growth Rate was 44.40% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -18.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 29.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Torrent Power's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.00. As of today, Torrent Power's Dividend Yield % is 1.17%.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Torrent Power's 3-Year Dividend Growth Rate

For the Utilities - Independent Power Producers subindustry, Torrent Power's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Torrent Power's 3-Year Dividend Growth Rate Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Torrent Power's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Torrent Power's 3-Year Dividend Growth Rate falls into.



Torrent Power 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Torrent Power  (BOM:532779) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Torrent Power's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0/ 7.49
=0.00

During the past 13 years, the highest Dividend Payout Ratio of Torrent Power was 0.87. The lowest was 0.06. And the median was 0.28.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Torrent Power Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
INR 12.0000002024-02-162024-02-162024-03-04Cash Dividendsemi-annuallyINR:INR 1.000000
INR 4.0000002023-06-162023-06-162023-08-17Cash Dividendsemi-annuallyINR:INR 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Torrent Power's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=16/1331.35
=1.20 %

Current Share Price is ₹1331.35.
Torrent Power's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹16.

During the past 13 years, the highest Dividend Yield of Torrent Power was 5.94%. The lowest was 0.29%. And the median was 1.83%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Torrent Power 3-Year Dividend Growth Rate Related Terms>


Torrent Power (BOM:532779) Business Description

Traded in Other Exchanges
Address
Samanvay, 600, Tapovan, Ambawadi, Ahmedabad, GJ, IND, 380015
Torrent Power Ltd is an Indian utility company engaged in the business of power generation, transmission, and distribution. Both by itself and through its subsidiaries, Torrent Power operates a portfolio of gas, combined cycle, coal, wind, and solar power plants. The company's gas-fired facilities constitute most of its energy-producing capacity. Torrent Power generates the vast majority of its revenue from the supply of power generated by its facilities and transmitted through its power grids to areas of Western and Northern India. Its sales are fairly evenly divided among residential, commercial, low tension and high tension consumers. The low tension customer class would include smaller manufacturing units, while high tension would be composed of heavier industrial entities.

Torrent Power (BOM:532779) Headlines

No Headlines