GMDCLTD
Gujarat Mineral Development Corporation Ltd
₹397.75
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 ₹12,586.44Cr. Its share price is ₹397.75 as on 24 July,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 2.88%.
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 ₹825.06Cr in the quarter ending March 2024. The revenuefell by -30.45% year on year basis since last quarter.
- Gujarat Mineral Development Corporation Ltd’s profits were ₹207.13Cr in the quarter ending March 2024. The profits fell by -53.15% 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: 2.88%
- Annual dividend payment: ₹11.45
History of Gujarat Mineral Development Corporation Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD 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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