GSPL
Gujarat State Petronet Ltd
₹296
Gujarat State Petronet Ltd Dividend 2024 : Should Gujarat State Petronet Ltd be a part of your dividend portfolio?
Gujarat State Petronet Ltd is one of the most popular Utilities company in the world with a market capitalisation of ₹16,700.66Cr. Its share price is ₹296 as on 1 May,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Gujarat State Petronet Ltd gave ₹7 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 State Petronet Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2023, Gujarat State Petronet Ltd has declared dividend of ₹5 - translating a dividend yield of 2.36%.
Let's look at Gujarat State Petronet Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Gujarat State Petronet Ltd’s revenue were ₹4,444.89Cr in the quarter ending December 2023. The revenue grew by 10.03% year on year basis since last quarter.
- Gujarat State Petronet Ltd’s profits were ₹394.90Cr in the quarter ending December 2023. The profits grew by 9.9% year on year basis since last quarter.
- Gujarat State Petronet Ltd’s dividend was ₹5 in the quarter ending March 2023.
Gujarat State Petronet Ltd Dividend related ratios:
- Last dividend date: 11/05/2023
- Current Dividend Yield: 2.36%
- Annual dividend payment: ₹7
History of Gujarat State Petronet Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
01/09/2023 | CASH | ₹5 | 11/05/2023 | 01/09/2023 |
01/09/2022 | CASH | ₹2 | 12/05/2022 | 02/09/2022 |
08/09/2021 | CASH | ₹2 | 03/06/2021 | 09/09/2021 |
09/09/2020 | CASH | ₹2 | 08/06/2020 | 10/09/2020 |
12/09/2019 | CASH | ₹2 | 09/05/2019 | 14/09/2019 |
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