GIPCL

Gujarat Industries Power Co Ltd

₹194.41

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 ₹3,017.55Cr. Its share price is ₹194.41 as on 7 September,2025.The dividend is a percentage of earnings paid out to shareholders. Last year, Gujarat Industries Power Co Ltd gave ₹7.70 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 2024, Gujarat Industries Power Co Ltd has declared dividend of ₹3.95 - translating a dividend yield of 3.96%.

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 ₹390.81Cr in the quarter ending June 2025. The revenue grew by 14.56% year on year basis since last quarter.
Gujarat Industries Power Co Ltd’s profits were ₹57.47Cr in the quarter ending June 2025. The profits fell by -15.21% year on year basis since last quarter.
Gujarat Industries Power Co Ltd’s dividend was ₹3.95 in the quarter ending March 2024.

Gujarat Industries Power Co Ltd Dividend related ratios:

Last dividend date: 18/05/2024
Current Dividend Yield: 3.96%
Annual dividend payment: ₹7.70

History of Gujarat Industries Power Co Ltd's Dividend payments

Ex/EFF DATE	TYPE	CASH AMOUNT	DECLARATION DATE	RECORD DATE
13/09/2024	CASH	₹3.95	18/05/2024	14/09/2024
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