CG Power Dividend 2025: Multibagger Stock Announces 65% Payout; Record Date Set! Should You Buy?

Large-cap stock CG Power and Industrial Solutions Ltd., operating in the heavy electrical equipment sector, has approved an interim dividend in its board meeting today. Following the dividend announcement, CG Power shares surged by up to 3.72%. Investors tracking top-performing large-cap stocks, dividend-paying stocks, and heavy electrical equipment sector stocks may find CG Power's latest move significant.

CG power divided details

CG Power and Industrial Solutions Ltd. announced in an exchange filing that its Board of Directors, in a meeting held on March 18, 2025, approved an interim dividend of ₹1.30 per equity share, which amounts to 65% on the face value of ₹2 per share for the financial year 2024-25. The company stated that the interim dividend will be paid on or after April 16, 2025, but within 30 days from the declaration, in accordance with the provisions of the Companies Act, 2013.

CG Power Dividend Record Date Announced

CG Power and Industrial Solutions Ltd. has set March 22, 2025, as the record date to determine eligible shareholders for the interim dividend payout. Investors holding CG Power shares as of this date will be entitled to receive the dividend payment.

CG Power share price today

Shares of CG Power and Industrial Solutions Ltd. surged by 3.45% today, reaching ₹631.15, marking a gain of ₹21.05. Over the past five days, the stock has risen by the same margin. However, on a broader timeline, the stock has witnessed mixed performance, with an 8.94% rise in the past month but declines of 15.04% over the past six months and 14.78% year-to-date. Despite these short-term fluctuations, CG Power has shown significant long-term growth, delivering a massive 34.26% gain over the past year and an astounding 10,703.42% return over the last five years. As of March 18, 2025, the company holds a strong position in the market with a market capitalization of approximately ₹91,594.6 crore, reflecting its status as a major player in the power and industrial solutions sector.

About CG Power and industrial solutions

CG Power and Industrial Solutions Ltd. is a leading engineering company specializing in electrical energy and industrial solutions. It operates in power systems, industrial systems, and automation, offering products such as transformers, switchgear, motors, and generators. The company serves sectors like power transmission, distribution, railways, and industrial automation. Previously known as Crompton Greaves, CG Power underwent restructuring after being acquired by the Murugappa Group in 2020. With a strong market presence and technological expertise, the company continues to play a crucial role in India's infrastructure and energy sectors.

FAQs

How have CG Power shares performed recently?

CG Power shares surged by 3.45% today, reaching 631.15, marking a gain of 21.05, and have shown significant long-term growth with a 34.26% gain over the past year.

What is the record date for the CG Power interim dividend?

The record date for determining eligible shareholders for the interim dividend payout is March 22, 2025.

When will the interim dividend be paid to shareholders?

The interim dividend will be paid on or after April 16, 2025, but within 30 days from the declaration, in accordance with the provisions of the Companies Act, 2013.

What interim dividend has CG Power and Industrial Solutions Ltd. announced?

CG Power and Industrial Solutions Ltd. has approved an interim dividend of 1.30 per equity share, which amounts to 65% on the face value of 2 per share for the financial year 2024-25.