Browse Category

NASDAQ:FRAN News 16 January 2026

Stock Market Today

  • Power Grid Corporation of India Declares ₹3.25 Dividend with 3.1% Yield
    February 4, 2026, 8:55 PM EST. Power Grid Corporation of India (NSE:POWERGRID) will pay a ₹3.25 dividend on February 27, offering a 3.1% yield. The payout appears sustainable with a projected 48% payout ratio, supported by expected 27.2% earnings per share growth next year. However, the company's dividend history shows volatility, including past cuts, raising caution for income-focused investors. Despite solid earnings growth of 5.6% annually over five years, cash flow coverage remains a concern. Overall, the dividend's sustainability is mixed, and Power Grid may not be ideal for those prioritizing stable income. Investors should consider other financial health indicators alongside dividend payments when evaluating the stock.
Go toTop