GOCL Corporation Limited engages in energetics, mining and infrastructure services, and realty businesses in India and internationally. The company operates through Energetics, Explosives, and Property Development segments. It manufactures detonators, cords, boosters, and other accessories for use in mining and infrastructure activities; produces and markets bulk and cartridge explosives for mining and infrastructure projects; and provides tunneling and metal cladding products. The company also designs, manufactures, and tests electronic components for original equipment manufacturers (OEMs) in the automotive, medical, automation and robotics, IOP devices, and other sectors; and designs and manufactures squibs / ignitors, pyro devices, canopy severence system, training devices, detonator for grenade, initiating systems, explosive train for fuzes, and special purpose detonators for defense, space, and other agencies. In addition, it develops commercial mixed-use properties comprising IT/ITeS, commercial offices, retail, hotel, and service apartments. The company was formerly known as GULF OIL Corporation Limited and changed its name to GOCL Corporation Limited in October 2015. GOCL Corporation Limited was incorporated in 1961 and is based in Hyderabad, India.
GOCL Dividend Announcement
• GOCL announced a annually dividend of ₹4.00 per ordinary share which will be made payable on 2024-10-24. Ex dividend date: 2024-09-17
• GOCL annual dividend for 2024 was ₹4.00
• GOCL annual dividend for 2023 was ₹5.00
• GOCL's trailing twelve-month (TTM) dividend yield is 0.98%
• GOCL's dividend growth over the last five years (2018-2023) was 25.59% year
• GOCL's dividend growth over the last ten years (2013-2023) was 16.35% year
GOCL Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-09-17 | ₹4.00 | annually | 2024-10-24 |
| 2023-09-14 | ₹5.00 | annually | 2023-10-21 |
| 2022-07-18 | ₹3.00 | annually | 2022-08-26 |
| 2021-09-23 | ₹2.00 | annually | 2021-10-27 |
| 2021-08-20 | ₹2.00 | annually | 2021-09-10 |
| 2020-11-25 | ₹4.00 | annually | 2020-12-11 |
| 2020-09-10 | ₹2.00 | annually | 2020-10-24 |
| 2019-10-14 | ₹2.00 | annually | 2019-10-26 |
| 2019-04-08 | ₹2.00 | annually | 2019-04-24 |
| 2018-04-05 | ₹1.60 | annually | 2018-04-22 |
| 2017-08-21 | ₹1.60 | annually | 2017-09-28 |
| 2016-09-14 | ₹1.50 | annually | 2016-10-22 |
| 2015-09-15 | ₹2.00 | annually | 2015-10-23 |
| 2014-04-10 | ₹0.15 | annually | 2014-04-25 |
| 2013-09-20 | ₹1.10 | annually | 2013-10-30 |
GOCL Dividend per year
GOCL Dividend growth
GOCL Dividend Yield
GOCL current trailing twelve-month (TTM) dividend yield is 0.98%. Interested in purchasing GOCL stock? Use our calculator to estimate your expected dividend yield:
GOCL Financial Ratios
P/E ratio24.90
PEG ratio-19.20
P/B ratio1.42
ROE5.78%
Payout ratio0.00%
Current ratio7.05
Quick ratio6.74
Cash Ratio0.20
GOCL Dividend FAQ
How much is the next GOCL dividend?
GOCL's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next GOCL dividend. The next GOCL dividend will be released in September.
When is GOCL dividend paid?
GOCL pays dividends on a annually basis. The specific dates may vary each year but are generally around September. 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 GOCL pay?
The specific amount of GOCL 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 GOCL's dividend history.
Does GOCL stock pay dividends?
Yes, GOCL 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 GOCL's dividend history.
How much dividend does GOCL pay?
GOCL paid ₹4.0 in 2024, ₹5.0 in 2023, ₹3.0 in 2022, ₹4.0 in 2021, and ₹6.0 in 2020.
How often does GOCL pay dividends?
GOCL 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 September.
What is GOCL's dividend yield?
The current dividend yield for GOCL is 0.98%. 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 GOCL's exact dividend yield.
When does GOCL go ex dividend?
GOCL's ex-dividend date for the latest dividend was on 2024-09-17. GOCL 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 GOCL dividend paid?
GOCL pays dividends on a annually basis, typically around September, but the exact dates can vary each year.
Will GOCL 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 GOCL 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 GOCL dividend per share?
GOCL paid ₹4.0 per share in 2024 and ₹5.0 per share in 2023. The amount of dividend per share that GOCL 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 GOCL 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 GOCL 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 GOCL a dividend stock?
Yes, GOCL is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is GOCL a good dividend stock?
Whether GOCL is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. GOCL has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating GOCL 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.
Other factors to consider when evaluating GOCL 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 GOCL pay dividends monthly?
GOCL typically pays dividends on a annually basis.
Does GOCL pay dividends quarterly?
GOCL currently pays dividends on a annually basis.
Has GOCL ever paid a dividend?
Yes, GOCL has a history of paying dividends to its shareholders. GOCL is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy GOCL dividend stocks?
To buy GOCL 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 GOCL 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.
Place an order: Use the brokerage's trading platform to place an order to buy GOCL 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 GOCL pay dividends 2024?
GOCL pays dividends on a annually basis. 2024 dividend payments are in 2024-10-24. 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 GOCL increase its dividend in 2024?
Decisions regarding GOCL 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 GOCL dividend overview you can look into the above table of dividend history.
How GOCL dividend works?
The GOCL 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 GOCL's dividend process works:
1. Determination of Dividend: GOCL'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, GOCL 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, GOCL 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 GOCL 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. Determination of Dividend: GOCL'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, GOCL 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, GOCL 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 GOCL 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 GOCL dividends paid?
GOCL dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: GOCL 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, GOCL distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: GOCL 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.
1. Record Date: GOCL 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, GOCL distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: GOCL 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 GOCL pay dividends?
GOCL 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 GOCL pay dividends?
The general pattern is that GOCL pays dividends around September. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is GOCL dividend safe?
The safety of GOCL'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 GOCL'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 GOCL'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.
To assess the safety of GOCL'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 GOCL'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.