GMM Pfaudler Limited manufactures and sells corrosion-resistant glass lined equipment used primarily in the chemical, pharmaceutical, and allied industries in India and internationally. The company's products include glass lined equipment comprising glass lined reactors, columns and vessels, conical blender dryers, pipes and fittings, glass steel, and polytetrafluoroethylene lined pipes and fittings; and filtration and drying equipment, such as agitated nutsche filters and filter dryers, centrifugal disc filters, spherical dryers, and vacuum paddle dryers under the Mavazwag, Funda, Mavasphere, and Mavapad names. It also offers mixing systems; and heavy engineering products comprising heat exchangers, as well as pressure vessels, which include Cr-Mo reactors, agitated reactors, column towers with internals, digesters, and scrubbers. In addition, the company provides engineered systems, such as wiped film evaporators for use in the food processing, pharmaceutical, fine chemicals, polymers and resins, fats and oils, and petrochemical industries; and temperature control units for heating and cooling applications for the pharmaceutical, chemical, biotech, food, flavor and fragrance, and nutraceutical industries. Further, it offers glass thickness measurement, glass integrity checks, and high voltage spark and conductivity tests, as well as preventive maintenance services; and operates acid concentration plants to recover the acid for further use. The company was formerly known as Gujarat Machinery Manufacturers Limited and changed its name to GMM Pfaudler Limited in 1999. The company was incorporated in 1962 and is based in Mumbai, India. GMM Pfaudler Limited is a subsidiary of Pfaudler Inc.
GMM Pfaudler Dividend Announcement
• GMM Pfaudler announced a quarterly dividend of ₹1.00 per ordinary share which will be made payable on 2024-09-05. Ex dividend date: 2024-08-02
• GMM Pfaudler annual dividend for 2024 was ₹1.00
• GMM Pfaudler annual dividend for 2023 was ₹3.00
• GMM Pfaudler's trailing twelve-month (TTM) dividend yield is 0.14%
• GMM Pfaudler's dividend growth over the last five years (2018-2023) was -15.34% year
GMM Pfaudler Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-02 | ₹1.00 | quarterly | 2024-09-05 |
2023-11-20 | ₹1.00 | quarterly | 2023-12-07 |
2023-08-29 | ₹1.00 | quarterly | 2023-10-05 |
2023-08-14 | ₹1.00 | quarterly | |
2022-11-11 | ₹1.00 | quarterly | 2022-11-30 |
2022-09-09 | ₹1.00 | quarterly | 2022-10-19 |
2022-02-10 | ₹1.00 | quarterly | 2022-03-01 |
2021-11-10 | ₹1.00 | quarterly | 2021-11-25 |
2021-08-20 | ₹1.00 | quarterly | 2021-09-10 |
2021-08-05 | ₹2.00 | quarterly | 2021-09-10 |
2021-01-28 | ₹1.00 | quarterly | 2021-02-18 |
2020-10-28 | ₹1.00 | quarterly | 2020-11-18 |
2020-08-19 | ₹2.00 | quarterly | 2020-09-25 |
2020-08-06 | ₹1.00 | quarterly | 2020-08-27 |
2020-01-30 | ₹1.00 | quarterly | 2020-02-18 |
2019-11-15 | ₹1.00 | quarterly | 2019-12-03 |
2019-08-21 | ₹1.00 | quarterly | 2019-09-06 |
2019-08-06 | ₹1.50 | quarterly | 2019-09-05 |
2019-02-06 | ₹1.00 | quarterly | 2019-02-20 |
2018-11-01 | ₹1.00 | quarterly | 2018-11-22 |
2018-08-21 | ₹1.00 | quarterly | 2018-09-07 |
2018-08-16 | ₹3.00 | quarterly | |
2018-08-01 | ₹1.90 | quarterly | 2018-09-08 |
GMM Pfaudler Dividend per year
GMM Pfaudler Dividend growth
GMM Pfaudler Dividend Yield
GMM Pfaudler current trailing twelve-month (TTM) dividend yield is 0.14%. Interested in purchasing GMM Pfaudler stock? Use our calculator to estimate your expected dividend yield:
GMM Pfaudler Financial Ratios
GMM Pfaudler Dividend FAQ
Other factors to consider when evaluating GMM Pfaudler 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: GMM Pfaudler'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, GMM Pfaudler 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, GMM Pfaudler 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 GMM Pfaudler 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: GMM Pfaudler 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, GMM Pfaudler distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: GMM Pfaudler 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 GMM Pfaudler'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 GMM Pfaudler'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.