Powergrid Infrastructure Investment Trust shares will trade ex-dividend today, January 27, 2025. The record date for the dividend distribution was also set as January 27, 2025. Under the T+1 settlement mechanism, investors were required to purchase the shares on or before January 26, 2025, for their names to be included in the list of eligible shareholders for receiving the dividend payout.
At its meeting on January 22, 2025, the Board of Directors of Powergrid Infra Investment Trust declared a distribution of ₹3.00 per unit for the quarter ended December 31, 2024. The distribution breakdown includes:
The distribution payment to unitholders is scheduled to be made on or before Monday, February 3, 2025. The shares are expected to remain in focus on the trading day, given the ex-dividend status and upcoming distribution payout.
On January 27, 2025, Powergrid Infrastructure Investment Trust share price traded down 3.41% at ₹82.12 at 9:59 AM (IST). Powergrid Infrastructure Investment Trust’s share price reached a 52-week high of ₹100.60, and a 52-week low of ₹81.
At the current price, Powergrid Infrastructure Investment Trust shares are trading at a price-to-earnings (P/E) ratio of 10.41x, based on its trailing 12-month earnings per share (EPS) of ₹8.15, and a price-to-book (P/B) ratio of 1.02, according to exchange data.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Jan 27, 2025, 10:10 AM IST
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