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Gandhi Special Tubes Limited manufactures and markets welded and seamless steel tubes, and nuts in India. The company offers cold drawn bright annealed seamless steel tubes; precision electric resistance welded steel tubes; cold formed coupling nuts; and high pressure diesel fuel injection tubes. It supplies its products primarily to the original equipment manufacturers of the automotive sector, farm equipment manufacturers, construction equipment manufacturers, and other engineering industries. The company is also involved in the wind power generation activities in Maharashtra and Gujarat. It exports its products. The company was formerly known as Gandhi Special 07 Tubes Ltd. Gandhi Special Tubes Limited was incorporated in 1985 and is based in Mumbai, India.

Gandhi Special Tubes Dividend Announcement

Gandhi Special Tubes announced a annually dividend of ₹13.00 per ordinary share which will be made payable on 2024-09-11. Ex dividend date: 2024-08-05
Gandhi Special Tubes annual dividend for 2024 was ₹13.00
Gandhi Special Tubes annual dividend for 2023 was ₹12.00
Gandhi Special Tubes's trailing twelve-month (TTM) dividend yield is 1.69%
Gandhi Special Tubes's dividend growth over the last five years (2018-2023) was 5.92% year
Gandhi Special Tubes's dividend growth over the last ten years (2013-2023) was 7.18% year

Gandhi Special Tubes Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-08-05₹13.00annually2024-09-11
2023-07-28₹12.00annually2023-08-28
2022-06-30₹10.00annually2022-08-25
2021-07-29₹9.00annually2021-09-09
2020-09-10₹9.00annually2020-10-22
2019-07-11₹9.00annually2019-08-30
2018-08-02₹9.00annually2018-09-12
2017-02-02₹9.00annually2017-02-15
2016-01-28₹7.50annually2016-02-10
2015-02-02₹7.50annually2015-02-16
2014-02-03₹6.00annually2014-04-20
2013-02-01₹6.00annually

Gandhi Special Tubes Dividend per year

Gandhi Special Tubes Dividend growth

Gandhi Special Tubes Dividend Yield

Gandhi Special Tubes current trailing twelve-month (TTM) dividend yield is 1.69%. Interested in purchasing Gandhi Special Tubes stock? Use our calculator to estimate your expected dividend yield:

Gandhi Special Tubes Financial Ratios

P/E ratio16.12
PEG ratio0.94
P/B ratio3.93
ROE26.41%
Payout ratio0.00%
Current ratio5.50
Quick ratio2.73
Cash Ratio0.57

Gandhi Special Tubes Dividend FAQ

How much is the next Gandhi Special Tubes dividend?
Gandhi Special Tubes's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Gandhi Special Tubes dividend. The next Gandhi Special Tubes dividend will be released in July.
When is Gandhi Special Tubes dividend paid?
Gandhi Special Tubes pays dividends on a annually basis. The specific dates may vary each year but are generally around July. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Gandhi Special Tubes pay?
The specific amount of Gandhi Special Tubes dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Gandhi Special Tubes's dividend history.
Does Gandhi Special Tubes stock pay dividends?
Yes, Gandhi Special Tubes does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Gandhi Special Tubes's dividend history.
How much dividend does Gandhi Special Tubes pay?
Gandhi Special Tubes paid ₹13.0 in 2024, ₹12.0 in 2023, ₹10.0 in 2022, ₹9.0 in 2021, and ₹9.0 in 2020.
How often does Gandhi Special Tubes pay dividends?
Gandhi Special Tubes typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around July.
What is Gandhi Special Tubes's dividend yield?
The current dividend yield for Gandhi Special Tubes is 1.69%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Gandhi Special Tubes's exact dividend yield.
When does Gandhi Special Tubes go ex dividend?
Gandhi Special Tubes's ex-dividend date for the latest dividend was on 2024-08-05. Gandhi Special Tubes typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Gandhi Special Tubes dividend paid?
Gandhi Special Tubes pays dividends on a annually basis, typically around July, but the exact dates can vary each year.
Will Gandhi Special Tubes increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Gandhi Special Tubes will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Gandhi Special Tubes dividend per share?
Gandhi Special Tubes paid ₹13.0 per share in 2024 and ₹12.0 per share in 2023. The amount of dividend per share that Gandhi Special Tubes pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Gandhi Special Tubes a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Gandhi Special Tubes a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Gandhi Special Tubes a dividend stock?
Yes, Gandhi Special Tubes is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Gandhi Special Tubes a good dividend stock?
Whether Gandhi Special Tubes is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Gandhi Special Tubes has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Gandhi Special Tubes 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.
Does Gandhi Special Tubes pay dividends monthly?
Gandhi Special Tubes typically pays dividends on a annually basis.
Does Gandhi Special Tubes pay dividends quarterly?
Gandhi Special Tubes currently pays dividends on a annually basis.
Has Gandhi Special Tubes ever paid a dividend?
Yes, Gandhi Special Tubes has a history of paying dividends to its shareholders. Gandhi Special Tubes is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Gandhi Special Tubes dividend stocks?
To buy Gandhi Special Tubes you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Gandhi Special Tubes 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.
When does Gandhi Special Tubes pay dividends 2024?
Gandhi Special Tubes pays dividends on a annually basis. 2024 dividend payments are in 2024-09-11. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Gandhi Special Tubes increase its dividend in 2024?
Decisions regarding Gandhi Special Tubes dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Gandhi Special Tubes dividend overview you can look into the above table of dividend history.
How Gandhi Special Tubes dividend works?
The Gandhi Special Tubes dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Gandhi Special Tubes's dividend process works:

1. Determination of Dividend: Gandhi Special Tubes'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, Gandhi Special Tubes 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, Gandhi Special Tubes 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 Gandhi Special Tubes 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.
How are Gandhi Special Tubes dividends paid?
Gandhi Special Tubes dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Gandhi Special Tubes 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, Gandhi Special Tubes distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Gandhi Special Tubes 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.
How many times does Gandhi Special Tubes pay dividends?
Gandhi Special Tubes typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Gandhi Special Tubes pay dividends?
The general pattern is that Gandhi Special Tubes pays dividends around July. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Gandhi Special Tubes dividend safe?
The safety of Gandhi Special Tubes's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Gandhi Special Tubes'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 Gandhi Special Tubes'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.