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GMDCLTD

Gujarat Mineral Development Corporation Ltd

₹357.95

Gujarat Mineral Development Corporation Ltd Dividend 2024 : Should Gujarat Mineral Development Corporation Ltd be a part of your dividend portfolio?

Gujarat Mineral Development Corporation Ltd is one of the most popular Basic Materials company in the world with a market capitalisation of ₹11,848.68Cr. Its share price is ₹357.95 as on 5 November,2024.

The dividend is a percentage of earnings paid out to shareholders. Last year, Gujarat Mineral Development Corporation Ltd gave ₹21 for the full year, but should it be a part of your investments that give good dividends?

Key Highlights

  • Basic Materials stocks do not always pay a dividend but as Gujarat Mineral Development Corporation Ltd pays dividends to reward its shareholders.
  • In the quarter ending March 2024, Gujarat Mineral Development Corporation Ltd has declared dividend of ₹9.55 - translating a dividend yield of 5.87%.

Let's look at Gujarat Mineral Development Corporation Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:

  • Gujarat Mineral Development Corporation Ltd’s revenue were ₹655.40Cr in the quarter ending September 2024. The revenue grew by 42.56% year on year basis since last quarter.
  • Gujarat Mineral Development Corporation Ltd’s profits were ₹127.86Cr in the quarter ending September 2024. The profits grew by 71.44% year on year basis since last quarter.
  • Gujarat Mineral Development Corporation Ltd’s dividend was ₹9.55 in the quarter ending March 2024.

Gujarat Mineral Development Corporation Ltd Dividend related ratios:

  • Last dividend date: 27/05/2024
  • Current Dividend Yield: 5.87%
  • Annual dividend payment: ₹21

History of Gujarat Mineral Development Corporation Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATE
20/09/2024
CASH
₹9.55
27/05/2024
21/09/2024
22/09/2023
CASH
₹11.45
30/05/2023
25/09/2023
22/09/2022
CASH
₹4.30
25/04/2022
24/09/2022
17/11/2021
CASH
₹0.20
29/06/2021
22/11/2021
22/12/2020
CASH
₹2
23/06/2020
24/12/2020
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Gujarat Mineral Development Corporation Ltd Dividend v/s Gujarat Mineral Development Corporation Ltd Share price

FAQs

Gujarat Mineral Development Corporation Ltd current market price is ₹357.95 per share

Gujarat Mineral Development Corporation Ltd has declared dividend worth ₹9.55 in the last year.

Gujarat Mineral Development Corporation Ltd has declared dividend worth ₹9.55 in the latest quarter.

Gujarat Mineral Development Corporation Ltd has declared dividend on 27/05/2024 of ₹9.55.

Gujarat Mineral Development Corporation Ltd has declared dividend 1 times of ₹9.55 in the current financial year (FY2024-2025)

Gujarat Mineral Development Corporation Ltd has declared dividend 1 times of ₹11.45 in the previous financial year (FY2023-2024)