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GIPCL

Gujarat Industries Power Co Ltd

₹258.75

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 ₹3,910.57Cr. Its share price is ₹258.75 as on 20 June,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 1.45%.

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 ₹389.64Cr in the quarter ending March 2024. The revenuefell by -10.12% year on year basis since last quarter.
  • Gujarat Industries Power Co Ltd’s profits were ₹66.18Cr in the quarter ending March 2024. The profits grew by 1.64% 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: 1.45%
  • Annual dividend payment: ₹3.75

Gujarat Industries Power Co Ltd Dividend v/s Gujarat Industries Power Co Ltd Share price

History of Gujarat Industries Power Co Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD 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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FAQs

Gujarat Industries Power Co Ltd current market price is ₹258.75 per share

Gujarat Industries Power Co Ltd has declared dividend worth ₹3.75 in the latest quarter.

Gujarat Industries Power Co Ltd has declared dividend on 29/05/2023 of ₹3.75.

Gujarat Industries Power Co Ltd has declared dividend 1 times of ₹3.75 in the previous financial year (FY2023-2024)