GIPCL
Gujarat Industries Power Co Ltd
₹190.15
Gujarat Industries Power Co Ltd Dividend 2024 : Should Gujarat Industries Power Co Ltd be a part of your dividend portfolio?
Gujarat Industries Power Co Ltd is one of the most popular Utilities company in the world with a market capitalisation of ₹2,894.17Cr. Its share price is ₹190.15 as on 16 May,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Gujarat Industries Power Co Ltd gave ₹3.75 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
- Utilities stocks do not always pay a dividend but as Gujarat Industries Power Co Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2023, Gujarat Industries Power Co Ltd has declared dividend of ₹3.75 - translating a dividend yield of 1.97%.
Let's look at Gujarat Industries Power Co Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Gujarat Industries Power Co Ltd’s revenue were ₹369.07Cr in the quarter ending December 2023. The revenuefell by -6.7% year on year basis since last quarter.
- Gujarat Industries Power Co Ltd’s profits were ₹46.62Cr in the quarter ending December 2023. The profits grew by 36.72% year on year basis since last quarter.
- Gujarat Industries Power Co Ltd’s dividend was ₹3.75 in the quarter ending March 2023.
Gujarat Industries Power Co Ltd Dividend related ratios:
- Last dividend date: 29/05/2023
- Current Dividend Yield: 1.97%
- Annual dividend payment: ₹3.75
History of Gujarat Industries Power Co Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
08/09/2023 | CASH | ₹3.75 | 29/05/2023 | 11/09/2023 |
14/09/2022 | CASH | ₹2.50 | 20/05/2022 | 16/09/2022 |
15/09/2021 | CASH | ₹2.70 | 27/05/2021 | 17/09/2021 |
03/12/2020 | CASH | ₹2.90 | 15/06/2020 | 05/12/2020 |
28/08/2019 | CASH | ₹2.90 | 17/05/2019 | 30/08/2019 |
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