Gallantt Ispat Limited engages in manufacture of iron and steel in India and internationally. The company offers TMT bars, sponge iron, M.S. round bars and billets, and MIS roll bars. It also provides wheat flour products like atta, maida, suji, and bran under Gallantt brand name. In addition, the company is involved in real estate activities. It offers its products to real estate developers, construction industries, government organizations, and corporate customers. The company was formerly known as Gallantt Metal Limited and changed its name to Gallantt Ispat Limited in June 2022. Gallantt Ispat Limited was incorporated in 2005 and is headquartered in Gorakhpur, India.
Gallantt Ispat Dividend Announcement
• Gallantt Ispat announced a annually dividend of ₹1.00 per ordinary share which will be made payable on 2024-10-30. Ex dividend date: 2024-09-23
• Gallantt Ispat annual dividend for 2024 was ₹1.00
• Gallantt Ispat's trailing twelve-month (TTM) dividend yield is 0.31%
Gallantt Ispat Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-23 | ₹1.00 | annually | 2024-10-30 |
2019-09-18 | ₹0.25 | annually | 2019-10-26 |
Gallantt Ispat Dividend per year
Gallantt Ispat Dividend Yield
Gallantt Ispat current trailing twelve-month (TTM) dividend yield is 0.31%. Interested in purchasing Gallantt Ispat stock? Use our calculator to estimate your expected dividend yield:
Gallantt Ispat Financial Ratios
Gallantt Ispat Dividend FAQ
1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.
2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.
3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.
4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.
5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
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