NHPC Dividend History 2024 : The Shares of a hydropower company, National Hydroelectric Power Corporation are listed on the Bombay Stock Exchange and National Stock Exchange of India. In this article we will discuss on dividend history of NHPC Ltd. All the details are given below like ex-date, record date, last 10 or 5 years history, etc.
Brief Information about NHPC Limited
NHPC Limited (formerly known as the National Hydroelectric Power Corporation) is an Indian public sector hydropower company established in 1975. Its primary objective is to plan, promote, and facilitate the efficient development of hydroelectric power. Over time, NHPC has diversified its energy portfolio to include sources such as solar, geothermal, tidal, and wind power. As of now, NHPC holds the status of a Mini Ratna Category-I Enterprise under the Government of India and ranks among the top ten companies in terms of investment base. It operates in the field of electricity generation and distribution. It is listed on both exchanges- NSE and BSE, since September 2009.
Dividend history of NHPC Ltd.
- Since 7 September 2010 (means in last 15 years) National Hydroelectric Power Corporation Ltd has announced 25 dividends.
- Over the last 12 months, the company has declared an equity dividend of ₹1.90 per share.
- In the last year (2023), NHPC has declared dividend 2 times amounting to total of ₹1.85 per share. This represents a dividend yield of 4.06%, based on the average share price of dividend dates ₹45.52.
NHPC Dividend History Last 10 years
Here is the dividend history list of NHPC Limited are given in the table. You can view the details of company’s past 10 years.
| Ex-Date | Record Date | Dividend | Dividend Type |
|---|---|---|---|
| 12 Aug 2024 | 12 Aug 2024 | ₹0.50 | FINAL |
| 22 Feb 2024 | 22 Feb 2024 | ₹1.40 | INTERIM |
| 22 Aug 2023 | 22 Aug 2023 | ₹0.45 | FINAL |
| 17 Feb 2023 | 17 Feb 2023 | ₹1.40 | INTERIM |
| 10 Aug 2022 | 11 Aug 2022 | ₹0.50 | FINAL |
| 22 Feb 2022 | 23 Feb 2022 | ₹1.31 | INTERIM |
| 16 Sep 2021 | 17 Sep 2021 | ₹0.35 | FINAL |
| 22 Feb 2021 | 23 Feb 2021 | ₹1.25 | INTERIM |
| 17 Sep 2020 | 18 Sep 2020 | ₹0.32 | FINAL |
| 17 Feb 2020 | 19 Feb 2020 | ₹1.18 | INTERIM |
| 12 Sep 2019 | – | ₹0.75 | FINAL |
| 18 Feb 2019 | 20 Feb 2019 | ₹0.71 | INTERIM |
| 12 Sep 2018 | – | ₹0.28 | FINAL |
| 20 Feb 2018 | 21 Feb 2018 | ₹1.12 | INTERIM |
| 13 Sep 2017 | – | ₹0.10 | FINAL |
| 19 Jan 2017 | 20 Jan 2017 | ₹1.70 | INTERIM |
| 08 Sep 2016 | – | ₹0.58 | FINAL |
| 18 Feb 2016 | 22 Feb 2016 | ₹0.92 | INTERIM |
| 10 Sep 2015 | – | ₹0.40 | FINAL |
| 29 Jan 2015 | 30 Jan 2015 | ₹0.20 | INTERIM |
| 11 Sep 2014 | – | ₹0.30 | FINAL |
| 30 Aug 2013 | – | ₹0.60 | FINAL |
| 31 Aug 2012 | – | ₹0.70 | FINAL |
| 02 Sep 2011 | – | ₹0.60 | FINAL |
| 07 Sep 2010 | – | ₹0.55 | FINAL |
Also read – Tata Motors Dividend History, 2024 Ex date, Record Date, Bonus History
NHPC Bonus History
National Hydroelectric Power Corporation Limited has not announced any bonus since 1 Jan, 2000.
Merit and Demerits of National Hydroelectric Power Corporation Ltd.
Every company has some strengths and weaknesses in market aspects. In present, this company (NHPC) also has its own set of pros and cons..
- The company consistently pays out 50.6% of its earnings as dividends to shareholders and has successfully reduced its working capital requirements from 84.4 days to 29.5 days. This means it is managing its short-term liquidity more efficiently.
- The company faces challenges in sales growth, ROE, and debt management, while also having other income and potential interest cost capitalization. Its sales growth over the past five years has been an average annual growth rate of 1.41%, The company’s ROE over the last three years is low at 10.3%, There’s a possibility that the company is capitalizing its interest costs and The company has high debtors, with an average collection period of 167 days. (source screener.in)
Also read
FAQs on NHPC Dividend History
1- What is dividend ?
Answer : A dividend represents a portion of a company’s profits distributed to its shareholders, usually on a quarterly basis, and can be issued as either cash or stock.
2- Is National Hydroelectric Power Corp. Ltd. giving dividends in 2024 ?
Answer : In this year (2024), NHPC Ltd has declared dividend 2 times, amounting to total of ₹1.9 per share.
3- Does NHPC Limited pay dividends regularly ?
Answer : The company has consistently declared dividends for the last 5 years and has a good dividend track report.
Disclaimer : All the information on this website is for educational purposes only, not for trading or advice. The data given here may also differ from the real-time and accuracy. We highly recommend to do your own research before making any investment.
