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GMDCLTD

Gujarat Mineral Development Corporation Ltd

₹432.55

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 ₹13,823.46Cr. Its share price is ₹432.55 as on 30 April,2024.

The dividend is a percentage of earnings paid out to shareholders. Last year, Gujarat Mineral Development Corporation Ltd gave ₹11.45 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 2023, Gujarat Mineral Development Corporation Ltd has declared dividend of ₹11.45 - translating a dividend yield of 2.65%.

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 ₹624.51Cr in the quarter ending December 2023. The revenuefell by -31.56% year on year basis since last quarter.
  • Gujarat Mineral Development Corporation Ltd’s profits were ₹116.83Cr in the quarter ending December 2023. The profits fell by -56.1% year on year basis since last quarter.
  • Gujarat Mineral Development Corporation Ltd’s dividend was ₹11.45 in the quarter ending March 2023.

Gujarat Mineral Development Corporation Ltd Dividend related ratios:

  • Last dividend date: 30/05/2023
  • Current Dividend Yield: 2.65%
  • Annual dividend payment: ₹11.45

Gujarat Mineral Development Corporation Ltd Dividend v/s Gujarat Mineral Development Corporation Ltd Share price

History of Gujarat Mineral Development Corporation Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATE
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
20/09/2019
CASH
₹2
09/05/2019
24/09/2019
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FAQs

Gujarat Mineral Development Corporation Ltd current market price is ₹432.55 per share

Gujarat Mineral Development Corporation Ltd has declared dividend worth ₹11.45 in the last year.

Gujarat Mineral Development Corporation Ltd has declared dividend worth ₹11.45 in the latest quarter.

Gujarat Mineral Development Corporation Ltd has declared dividend on 30/05/2023 of ₹11.45.

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