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NTPC stock: dividend

NTPC.NS
$3.43Closing price of 12 Nov 2026MEQIRI Score 59 out of 100

NTPC paid $0.10 per share over the last twelve months, 2.86% on the price, and has not cut its dividend for 6 years.

Daily figure as of 13 Nov 2026

Dividend yield over the last 12 months
2.86%
$0.10 per share over 12 months
Dividend per share 2026
$0.10
for fiscal 2026
32%
−$0.11
does not cover the dividend of $0.10
Raised in a row
1 year
Years with a higher annual dividend than the year before
Growth 5 years
+8.5%
per year, from the last twelve months, without special dividends
Growth 10 years
+14.8%
per year, from the last twelve months, without special dividends

The amounts for the last 12 months and for fiscal 2026 differ if the company has raised or cut its dividend since then.

The dividend is covered by earnings (payout ratio 32%) but not by free cash flow. The stock page lists a weakness only when neither covers it.

Dividend dates and payments

Anyone holding the stock on the day before the ex-dividend date receives the dividend. Amounts are per share, before tax.

Last ex-dividend date
6 Nov 2026
$0.0319, paid 25 Nov 2026
Next ex-dividend date
not announced yet
Frequency
irregular
All 14 payments of the last five years
Ex-dividend datePayment dateDividend per share
6 Nov 202625 Nov 2026$0.0319
2 Sep 202623 Sep 2026$0.0372
6 Feb 202625 Feb 2026$0.0292
7 Nov 202525 Nov 2025$0.0292
4 Sep 202525 Sep 2025$0.0356
31 Jan 202518 Feb 2025$0.0266
31 Oct 202418 Nov 2024$0.0266
7 Aug 202411 Sep 2024$0.0345
6 Feb 202422 Feb 2024$0.0345
3 Nov 202323 Nov 2023$0.0239
11 Aug 202329 Sep 2023$0.0319
3 Feb 202324 Feb 2023$0.0452
10 Aug 202229 Sep 2022$0.0319
3 Feb 202221 Feb 2022$0.0425

Is today's dividend yield unusually high?

Dividend yield today

2.86%

within the usual range

$0.098 dividend per share over the last twelve months on a price of $3.43

Today 2.86%, on average over fiscal years 2017 to 2026 3.15% (range 2.34 to 5.77%).

The yield is close to the average of recent fiscal years, less than a tenth above or below it.

Since the end of fiscal 2026 on 31 Mar 2026, the dividend has risen and the price has fallen, so the yield has risen, mainly because of the price.

  • Fiscal year
  • Today, last 12 months

For each fiscal year, the dividend per share for that year divided by the closing price on the last trading day of the fiscal year. The dashed line is the average (median) of the fiscal years.

Dividend development

Dividend per share

Payout ratio

  • of earnings
  • of free cash flow
Figures as a table
YearDividend per shareEarnings per share
2007$0.0272$0.07
2008$0.0258$0.08
2009$0.0266$0.09
2010$0.0280$0.09
2011$0.0280$0.10
2012$0.0295$0.11
2013$0.0332$0.14
2014$0.0424$0.12
2015$0.0185$0.11
2016$0.0247$0.12
2017$0.0353$0.12
2018$0.0378$0.11
2019$0.0530$0.14
2020$0.0335$0.12
2021$0.0654$0.16
2022$0.0744$0.18
2023$0.0771$0.19
2024$0.0930$0.23
2025$0.0888$0.26
2026$0.0957$0.30

The dividend per share is shown under the fiscal year it was paid for, even when it is paid after that year ends. Special dividends are not included.

Data status and sources

Score
Daily value of 13 Nov 2026, recalculated nightly
Price
Closing price of 12 Nov 2026
Latest annual report
Fiscal year 2026, period end 31 Mar 2026
Currency
Amounts in US dollars, converted at the ECB reference rate of 12 Nov 2026 ($1 = ₹94.0836)
Source
Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.

Mandatory disclosures for this rating

  • ; time horizon around 12 months
  • Rated Neutral, published since 7 Nov 2026 (in the score history since 31 Jul 2024)
  • Valuation signal Fairly valued since 7 Nov 2026
  • End-of-day prices, metrics cached for up to 24 hours
  • Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
  • Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
  • Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.

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