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Torrent Power is an Indian energy and power company, having interests in power generation, transmission, distribution and the manufacturing and supply of power cables ...
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Torrent Group - Wikipedia
The dividend yield or dividend–price ratio of a share is the dividend per share divided by the price per share. [1] It is also a company's total annual dividend payments divided by its market capitalization, assuming the number of shares is constant. It is often expressed as a percentage.
Torrent Cables Limited was incorporated on March 22, 1991. [1] It was an Indian cable manufacturing company based in Ahmedabad . Its key products and provided services included XLPE Cables (HT), XLPE Cables (LT), PVC cables, with other manufacturing goods, sale of services, scrap, etc. [ 2 ]
Right now the stock price is around $75 and the quarterly dividend is $0.515 per share. As noted, the yield is around 2.7%. But look at the difference in the stock price.
A dividend is a distribution of profits by a corporation to its shareholders, after which the stock exchange decreases the price of the stock by the dividend to remove volatility. The market has no control over the stock price on open on the ex-dividend date, though more often than not it may open higher. [1]
Non-voting stock is the stock that provides the shareholder very little or no vote on corporate matters, such as election of the board of directors or mergers.This type of share is usually implemented for individuals who want to invest in the company's profitability and success at the expense of voting rights in the direction of the company.
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