Gloster Ltd. engages in the manufacture and sale of jute and jute allied goods. It operates through the Jute Goods and Cables segments. The Jute Goods segment consists of manufacturing and export of all types of jute and jute allied products. The Cables segment is involved in the manufacturing of cable wires. The company was founded in 1872 and is headquartered in Kolkata, India.
Gloster Dividend Announcement
• Gloster announced a annually dividend of ₹20.00 per ordinary share which will be made payable on 2024-09-08. Ex dividend date: 2024-08-02
• Gloster annual dividend for 2024 was ₹20.00
• Gloster annual dividend for 2023 was ₹20.00
• Gloster's trailing twelve-month (TTM) dividend yield is 2.79%
Gloster Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-02 | ₹20.00 | annually | 2024-09-08 |
2023-07-28 | ₹20.00 | annually | 2023-09-04 |
Gloster Dividend per year
Gloster Dividend Yield
Gloster current trailing twelve-month (TTM) dividend yield is 2.79%. Interested in purchasing Gloster stock? Use our calculator to estimate your expected dividend yield:
Gloster Financial Ratios
Gloster 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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