GHCL Limited, together with its subsidiaries, manufactures and sells inorganic chemicals and textile products in India. It offers light soda ash, a basic industrial alkali chemical used in soap and detergents, pulp and paper, iron and steel, aluminum cleaning compounds, water softening and dyeing, in fiber-reactive dyes, effluent treatment, and chemicals products; dense soda ash for use in glass manufacturing, silicate, ultramarine, and other chemical industries under the LION brand name. The company also provides refined sodium bicarbonate for use in food, food dyes, poultry and animal feed, leather tanning, fire extinguishers, vegetable cleaning, blasting of metals, manufacture of chemicals, pharma, deodorizers, and personal care products. In addition, it manufactures and sells edible and industrial grade salt under the i-FLO and Sapan brands; and manufactures and exports cotton yarn, polyester yarn, and home textile products. Further, the company engages in the mining of limestone and lignite; and trading of various chemicals, such as sodium tripolyphosphate, sodium lignosulfonate, PVC resin, titanium dioxide, citric acid, EVA, flour and sand, kaolin clay, and borax pentahydrate. GHCL Limited was incorporated in 1983 and is based in Noida, India.
GHCL Dividend Announcement
• GHCL announced a annually dividend of ₹12.00 per ordinary share which will be made payable on 2024-08-07. Ex dividend date: 2024-07-01
• GHCL annual dividend for 2024 was ₹12.00
• GHCL annual dividend for 2023 was ₹17.50
• GHCL's trailing twelve-month (TTM) dividend yield is 2.05%
• GHCL's dividend growth over the last five years (2018-2023) was 28.47% year
• GHCL's dividend growth over the last ten years (2013-2023) was 24.22% year
GHCL Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-01 | ₹12.00 | annually | 2024-08-07 |
2023-06-23 | ₹17.50 | annually | 2023-07-31 |
2022-06-22 | ₹5.00 | annually | 2022-07-30 |
2021-06-10 | ₹5.50 | annually | 2021-07-19 |
2020-03-24 | ₹3.00 | annually | 2020-04-15 |
2019-05-22 | ₹5.00 | annually | 2019-06-29 |
2018-05-23 | ₹5.00 | annually | 2018-06-30 |
2017-06-21 | ₹3.50 | annually | 2017-07-29 |
2017-02-09 | ₹1.50 | annually | 2017-03-02 |
2016-07-11 | ₹3.50 | annually | 2016-08-18 |
2015-07-15 | ₹2.20 | annually | 2015-08-22 |
2014-08-07 | ₹2.00 | annually | 2014-09-20 |
2013-09-12 | ₹2.00 | annually | 2013-10-28 |
GHCL Dividend per year
GHCL Dividend growth
GHCL Dividend Yield
GHCL current trailing twelve-month (TTM) dividend yield is 2.05%. Interested in purchasing GHCL stock? Use our calculator to estimate your expected dividend yield:
GHCL Financial Ratios
GHCL Dividend FAQ
Other factors to consider when evaluating GHCL 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.
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1. Determination of Dividend: GHCL'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, GHCL 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, GHCL 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 GHCL 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: GHCL 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, GHCL distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: GHCL 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 GHCL'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 GHCL'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.