News: In this article, we’ll delve into the details of Torrent Power’s dividend for the year 2024. We’ll cover the record date, share price, and the company’s dividend history. Let’s get started!
Before we dive into the specifics, let’s understand what a dividend is. A dividend is a portion of a company’s profits that it distributes to its shareholders. It’s like a little bonus for being a part-owner of the company. Companies usually pay dividends periodically, and it’s a way to reward investors.
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Torrent Power is an Indian energy and power company with a diverse portfolio. Let’s explore its key aspects:
Torrent Power has an interesting history:
Torrent Power distributes electricity to over 38.5 lakh customers annually in various regions:
Torrent Power’s dividend history and the recent announcement for 2024 give us insights into the company’s financial performance. Whether you’re an existing shareholder or considering investing, keeping an eye on dividends is essential. Remember, while dividends are exciting, they’re just one piece of the investment puzzle.
Q: When will Torrent Power’s Interim Dividend be recorded?
A: The Record Date for Torrent Power’s Interim Dividend is on February 16, 2024.
Q: When will the Interim Dividend be paid?
A: The Payment Date for the Interim Dividend is set for March 7, 2024.
Q: Where does Torrent Power have a big presence?
A: Torrent Power has a strong presence in important areas like Ahmedabad, Gandhinagar, Surat in Gujarat, Dadra and Nagar Haveli, Daman and Diu UT, and the Mumbai Metropolitan Region in Maharashtra.
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