GAIL (India) Limited operates as a natural gas processing and distribution company in India and internationally. The company operates through Transmission Services, Natural Gas Marketing, Petrochemicals, LPG and Other Liquid Hydrocarbons, and Other segments. It is involved in the transmission and marketing of natural gas to the power, fertilizer, industrial, automotive, petrochemicals, and domestic and commercial sectors. It also markets liquefied petroleum gas (LPG), propane, pentane, naphtha, mixed fuel oil, polyethylene, and polypropylene; and manufactures petrochemicals, such as high-density polyethylene and linear low-density polyethylene under the brand names of G-Lex and G-Lene. In addition, the company generates wind and solar power. Further, the company engages in the chartering of LNG vessels. The company owns and operates approximately 14,500 km of natural gas pipeline. Additionally, the company operates 5 gas processing plants, 2 petrochemicals plants, 10 LPG pumping/receiving stations, and 8 natural gas compressor stations. GAIL (India) Limited was incorporated in 1984 and is based in New Delhi, India.
GAIL Dividend Announcement
• GAIL announced a annually dividend of $0.40 per ordinary share which will be made payable on 2024-02-23. Ex dividend date: 2024-02-05
• GAIL annual dividend for 2024 was $0.40
• GAIL annual dividend for 2023 was $0.29
• GAIL's trailing twelve-month (TTM) dividend yield is 0.03%
• GAIL's dividend growth over the last five years (2018-2023) was -29.65% year
GAIL Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-02-05 | $0.40 | annually | 2024-02-23 |
2023-03-20 | $0.29 | annually | 2023-04-19 |
2022-08-01 | $0.07 | annually | 2022-09-19 |
2022-03-21 | $0.39 | annually | 2022-04-13 |
2021-12-29 | $0.32 | annually | 2022-01-27 |
2021-03-19 | $0.21 | annually | 2021-06-03 |
2021-01-26 | $0.20 | annually | 2021-06-03 |
2020-02-14 | $0.54 | annually | 2020-03-06 |
2019-08-09 | $0.08 | annually | 2019-09-13 |
2019-02-11 | $0.52 | annually | 2019-03-06 |
2018-08-30 | $0.25 | annually | 2018-10-19 |
2018-01-19 | $1.45 | annually | 2018-02-06 |
2017-08-31 | $0.51 | annually | 2017-10-18 |
2017-02-02 | $2.00 | annually | 2017-02-23 |
2016-09-08 | $0.71 | annually | |
2016-02-16 | $0.59 | annually | |
2016-02-12 | $0.22 | annually | |
2015-08-27 | $0.75 | annually | |
2015-03-10 | $0.78 | annually | |
2014-08-27 | $0.54 | annually |
GAIL Dividend per year
GAIL Dividend growth
GAIL Dividend Yield
GAIL current trailing twelve-month (TTM) dividend yield is 0.03%. Interested in purchasing GAIL stock? Use our calculator to estimate your expected dividend yield:
GAIL Financial Ratios
GAIL Dividend FAQ
Other factors to consider when evaluating GAIL as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Place an order: Use the brokerage's trading platform to place an order to buy GAIL stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
1. Determination of Dividend: GAIL's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, GAIL publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, GAIL distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from GAIL are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: GAIL sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, GAIL distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: GAIL declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of GAIL's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review GAIL's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.