Midcap Power Sector PSU Stock Sets Record Date For Interim Dividend, Check Record Date Here

MHPC Ltd, a Power Sector PSU stock in its Board Meeting held on 7 February 2023 declared an Interim Dividend of 14%. The stock in its exchange filing to BSE also announced the "Record Date" for the declared dividend. NHPC is a midcap PSU stock with a market capitalisation of Rs 40,330.81 crore. Below are the details about the stock:

NHPC Ltd Stock Performance

The share price of NHPC Ltd last traded at Rs 40.15 apiece on NSE. It fell 0.12% as compared to its previous close of Rs 40.20 apiece. It recorded the 52 week low on 29 March 2022 at Rs 27.05 apiece and 52 week high on 27 October 2022 at Rs 46.90 apiece, respectively.

The stock in a week has fallen 5.31%. It moved 1.52% in 1 week and moved down 8.54% in 3 months. In 1 year it has given 35.87%. In 3 years it gave the highest 63.54% positive return. In 5 years it gave 39.9% positive return.

NHPC Ltd Declares Interim Dividend

According to the regulatory filing by the Board of Directors of the NHPC Ltd on the 07 February 2023, "Payment of interim dividend at the rate of 14% (₹ 1.40/- per equity share) on the face value of paid-up equity shares of ₹ 10/- each for the financial year 2022-23. Pursuant to Regulation 42 of SEBI LODR, the Board has fixed 17.02.2023 as record date for the purpose of ascertaining eligibility of shareholders for payment of interim dividend. The interim dividend shall be paid/ dispatched within the period as stipulated in the Companies Act, 2013."

NHPC Ltd Dividend History

NHPC Ltd has a good track record of Dividend payouts. It has declared 21 Dividends since September 2010, which includes 8 Interim Dividends and 13 Final Dividends. In the past 12 months it has declared an equity dividend amounting to Rs 1.81 per share. Its Dividend Yield is 4.51% and face value is Rs 10.

About NHPC Ltd

NHPC Ltd. (Formerly known as National Hydroelectric Power Corporation Ltd.) was incorporated in 1975 is a Mini Ratna- category I public sector utility. It is Government of India's flagship hydroelectric generation company. The company is primarily involved in the generation and sale of bulk power to various Power Utilities. Its other business includes providing project management / construction contracts/ consultancy assignment services and trading of power.

Disclaimer

The above-mentioned information is purely informational. Greynium Information Technologies and the Author are not liable for any losses caused as a result of decisions based on the article. Goodreturns.in advises users to check with certified experts before taking any investment decision.