Gujarat Mineral Development Corporation Ltd Dividend History & Latest Dividend 2026
Gujarat Mineral Development last declared a final dividend of ₹9.50 per share on 14 May 2026. The ex-date was 23 September 2026 and the record date was 23 September 2026. Trailing 12-month dividend yield is 2.02% as of 4 November 2026.
Latest Dividend
₹9.50
FY2026 · Final
Declared On
14 May 2026
announcement date
Ex-Date
23 Sep 2026
last ex-dividend date
Record Date
23 Sep 2026
eligibility cutoff
TTM Yield
2.02%
as of 4 Nov 2026
Gujarat Mineral Development Dividend History
19 dividends declared, newest first
| Announcement | Ex-Date | Record Date | Type | Dividend / Share | Adjusted Dividend / Share | Yield at Ex-Date |
|---|---|---|---|---|---|---|
| 14 May 2026 | 23 Sep 2026 | 23 Sep 2026 | Final | ₹9.50 | ₹9.50 | 1.71% |
| 15 May 2025 | 18 Sep 2025 | 18 Sep 2025 | Final | ₹10.10 | ₹10.10 | 1.83% |
| 27 May 2024 | 20 Sep 2024 | 21 Sep 2024 | Final | ₹9.55 | ₹9.55 | 2.63% |
| 30 May 2023 | 22 Sep 2023 | 25 Sep 2023 | Final | ₹11.45 | ₹11.45 | 4.29% |
| 25 Apr 2022 | 22 Sep 2022 | 24 Sep 2022 | Final | ₹4.30 | ₹4.30 | 2.92% |
| 29 Jun 2021 | 17 Nov 2021 | 22 Nov 2021 | Final | ₹0.20 | ₹0.20 | 0.29% |
| 23 Jun 2020 | 22 Dec 2020 | 24 Dec 2020 | Final | ₹2.00 | ₹2.00 | 4.18% |
| 9 May 2019 | 20 Sep 2019 | 24 Sep 2019 | Final | ₹2.00 | ₹2.00 | 3.10% |
| 9 May 2017 | 20 Sep 2017 | 22 Sep 2017 | Final | ₹3.00 | ₹3.00 | 2.05% |
| 26 May 2016 | 21 Sep 2016 | 23 Sep 2016 | Final | ₹3.00 | ₹3.00 | NA |
| 28 May 2015 | 23 Sep 2015 | 26 Sep 2015 | Final | ₹3.00 | ₹3.00 | NA |
| 29 May 2014 | 18 Sep 2014 | 20 Sep 2014 | Final | ₹3.00 | ₹3.00 | NA |
| 28 May 2013 | 16 Sep 2013 | 18 Sep 2013 | Final | ₹3.00 | ₹3.00 | NA |
| 25 May 2012 | 17 Sep 2012 | 19 Sep 2012 | Final | ₹3.00 | ₹3.00 | NA |
| 30 May 2011 | 19 Sep 2011 | 21 Sep 2011 | Final | ₹3.00 | ₹3.00 | NA |
| 26 May 2010 | 17 Sep 2010 | 21 Sep 2010 | Final | ₹2.50 | ₹2.50 | NA |
| 28 May 2009 | 17 Sep 2009 | 21 Sep 2009 | Final | ₹2.00 | ₹2.00 | NA |
| 11 Jun 2008 | 1 Sep 2008 | 3 Sep 2008 | Final | ₹2.00 | ₹2.00 | NA |
| 2 Jul 2007 | 14 Sep 2007 | 18 Sep 2007 | Final | ₹10.00 | ₹10.00 | NA |
Gujarat Mineral Development Dividend Summary
Based on dividends up to FY2026, adjusted for bonus issues and splits
Consecutive years paid
8
financial years, up to FY2026
5Y adjusted DPS CAGR
116.4%
FY2021 to FY2026
5Y total adjusted dividend
₹44.90
per share
Latest payout ratio
32%
FY2026 DPS ÷ EPS
Payout frequency
Annual
1 dividend in FY2026
Dividend per Share vs Earnings per Share
Adjusted dividend per share and EPS for each completed financial year, on one ₹ scale
| Financial Year | EPS | Adjusted DPS |
|---|---|---|
| FY2026 | ₹30.08 | ₹9.50 |
| FY2025 | ₹21.56 | ₹10.10 |
| FY2024 | ₹18.78 | ₹9.55 |
| FY2023 | ₹37.88 | ₹11.45 |
| FY2022 | ₹14.02 | ₹4.30 |
| FY2021 | NA | ₹0.20 |
| FY2020 | NA | ₹2.00 |
How Much Dividend Would You Receive?
Gross amount at the latest dividend of ₹9.50 per share
Gross dividend
₹950.00
100 × ₹9.50 per share
Calculated at the latest declared dividend of ₹9.50 per share, before tax. Past dividends do not indicate future dividends.
About Gujarat Mineral Development's Dividend Record
Gujarat Mineral Development has paid a dividend in each of the last 8 financial years, up to FY2026. Dividend per share grew at a 5-year CAGR of 116.4% from FY2021 to FY2026. The total adjusted dividend over the five financial years up to FY2026 is ₹44.90 per share. The FY2026 payout ratio was 32%, based on earnings per share of ₹30.08. The trailing 12-month dividend yield is 2.02% as of 4 November 2026, based on dividends of ₹9.50 per share and a share price of ₹469.20.
FAQs
What is the latest dividend declared by Gujarat Mineral Development?
Gujarat Mineral Development declared a final dividend of ₹9.50 per share on 14 May 2026, with a record date of 23 September 2026.
When will I receive the Gujarat Mineral Development dividend?
Shareholders on record as of 23 September 2026 are eligible for the Gujarat Mineral Development dividend. It is credited to the bank account linked to the shareholder's demat account.
What are the ex-dividend date and record date for Gujarat Mineral Development?
The ex-date is 23 September 2026 and the record date is 23 September 2026. Under the T+1 settlement cycle, investors generally need to buy shares before the ex-date to be eligible for the dividend.
How often does Gujarat Mineral Development pay a dividend?
Gujarat Mineral Development has paid a dividend in each of the last 8 financial years, up to FY2026. In FY2026 its payout frequency was annual.
What is Gujarat Mineral Development's dividend yield?
Gujarat Mineral Development's trailing 12-month dividend yield is 2.02% as of 4 November 2026, based on ₹9.50 of dividends per share during the previous 12 months and a share price of ₹469.20.
How is the Gujarat Mineral Development dividend taxed?
Dividends from Gujarat Mineral Development are taxable as income from other sources at your applicable income tax slab rate. TDS at 10% is deducted at source if your total dividend income from Gujarat Mineral Development exceeds ₹10,000 in a financial year. NRI investors are subject to 20% TDS or applicable DTAA rate. You can claim TDS credit when filing your ITR.
How can I check whether I received the Gujarat Mineral Development dividend?
Check the bank account linked to your demat account for the dividend credit. Where applicable, tax deducted at source also appears in your Form 26AS and AIS.