HIGH DIVIDEND PAYING LARGECAP PSU TO KEEP ON YOUR RADAR

State-owned company

has paid Rs 3,248 crore to its administrative Ministry of Power as the final dividend for the financial year 2024-25. The company's board presented the final dividend payment advice to the power minister. Apart from this, has paid the 1st interim dividend of Rs 2,424 crore in Nov24 and then the 2nd interim dividend of Rs 2,424 crore in Feb25. The total dividend for FY 2024-25 amounts to Rs 8,096 crore (Rs 8.35 per share on a face value of Rs 10 each), marking the 32nd consecutive year that the company has paid a dividend. Group, with around 84,000 MW of installed power generation capacity, remains India’s largest electricity producer. Other business of the group includes providing consultancy, project management & supervision, energy trading, oil & gas exploration and coal mining. Having a market cap of Rs 3,30,802 crore, the stock price is trading at an attractive P/E ratio of 13.8.