Goodluck India Limited manufactures and exports a range of galvanized sheets and coils, towers, hollow sections, cold rolled coils, flanges, and pipes and tubes worldwide. The company provides galvanized pipes, including welded tubes and pipes, hot dip galvanized pipes, black pipes, grooved pipes, pre galvanized pipes, and casing and screen pipes; square and rectangular pipes, such as square, rectangular, and round hollow sections; and cold rolled coils and sheets, galvanized coils, galvanized sheets, cold rolled close annealed, and pickling and oiling of HR coils. It also offers cold drawn welded (CDW) tubes comprising CDW/DOM, seamless, precision, bicycle frame, engineering, boiler, heat exchanger, propeller shaft, transformer, fuel and air, furniture, structural, and telescopic front fork tubes, as well as bobbin tubes for textile machines, automotive shock absorbers, and steel tubes for automobiles. In addition, the company provides forgings; and substation structures, support structures for boiler and other equipment, infrastructure project structures, ducting support structures, solar module mounting structures, and fabricated equipment, as well as transmission and telecom towers. It serves clients from public sector, private sector OEMs, and central and state government departments. The company was formerly known as Good Luck Steel Tubes Limited and changed its name to Goodluck India Limited in June 2016. Goodluck India Limited was incorporated in 1986 and is based in Ghaziabad, India.
Goodluck India Dividend Announcement
• Goodluck India announced a quarterly dividend of ₹1.00 per ordinary share which will be made payable on 2024-10-28. Ex dividend date: 2024-09-20
• Goodluck India annual dividend for 2024 was ₹6.00
• Goodluck India annual dividend for 2023 was ₹4.50
• Goodluck India's trailing twelve-month (TTM) dividend yield is 0.56%
Goodluck India Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-09-20 | ₹1.00 | quarterly | 2024-10-28 |
| 2024-04-12 | ₹2.00 | quarterly | |
| 2024-02-14 | ₹3.00 | quarterly | |
| 2023-09-22 | ₹2.50 | quarterly | 2023-10-30 |
| 2023-04-13 | ₹2.00 | quarterly | 2023-04-20 |
| 2022-09-21 | ₹2.00 | quarterly | 2022-10-28 |
| 2021-08-05 | ₹1.50 | quarterly | 2021-08-28 |
| 2017-09-21 | ₹0.75 | quarterly | 2017-10-28 |
| 2016-09-22 | ₹0.75 | quarterly |
Goodluck India Dividend per year
Goodluck India Dividend growth
Goodluck India Dividend Yield
Goodluck India current trailing twelve-month (TTM) dividend yield is 0.56%. Interested in purchasing Goodluck India stock? Use our calculator to estimate your expected dividend yield:
Goodluck India Financial Ratios
P/E ratio24.42
PEG ratio1.01
P/B ratio2.95
ROE15.16%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00
Goodluck India Dividend FAQ
How much is the next Goodluck India dividend?
Goodluck India's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Goodluck India dividend. The next Goodluck India dividend will be released in April, or September.
When is Goodluck India dividend paid?
Goodluck India pays dividends on a quarterly basis. The specific dates may vary each year but are generally around April, and 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 Goodluck India pay?
The specific amount of Goodluck India 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 Goodluck India's dividend history.
Does Goodluck India stock pay dividends?
Yes, Goodluck India 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 Goodluck India's dividend history.
How much dividend does Goodluck India pay?
Goodluck India paid ₹6.0 in 2024, ₹4.5 in 2023, ₹2.0 in 2022, ₹1.5 in 2021, and ₹0.0 in 2020.
How often does Goodluck India pay dividends?
Goodluck India typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around April, and September.
What is Goodluck India's dividend yield?
The current dividend yield for Goodluck India is 0.56%. 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 Goodluck India's exact dividend yield.
When does Goodluck India go ex dividend?
Goodluck India's ex-dividend date for the latest dividend was on 2024-09-20. Goodluck India 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 Goodluck India dividend paid?
Goodluck India pays dividends on a quarterly basis, typically around April, or September, but the exact dates can vary each year.
Will Goodluck India 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 Goodluck India 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 Goodluck India dividend per share?
Goodluck India paid ₹6.0 per share in 2024 and ₹4.5 per share in 2023. The amount of dividend per share that Goodluck India 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 Goodluck India 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 Goodluck India 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 Goodluck India a dividend stock?
Yes, Goodluck India is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Goodluck India a good dividend stock?
Whether Goodluck India is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Goodluck India has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Goodluck India 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 Goodluck India 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 Goodluck India pay dividends monthly?
Goodluck India typically pays dividends on a quarterly basis.
Does Goodluck India pay dividends quarterly?
Goodluck India currently pays dividends on a quarterly basis.
Has Goodluck India ever paid a dividend?
Yes, Goodluck India has a history of paying dividends to its shareholders. Goodluck India is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Goodluck India dividend stocks?
To buy Goodluck India 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 Goodluck India 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 Goodluck India 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 Goodluck India pay dividends 2024?
Goodluck India pays dividends on a quarterly basis. 2024 dividend payments are in 2024-10-28. 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 Goodluck India increase its dividend in 2024?
Decisions regarding Goodluck India 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 Goodluck India dividend overview you can look into the above table of dividend history.
How Goodluck India dividend works?
The Goodluck India 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 Goodluck India's dividend process works:
1. Determination of Dividend: Goodluck India'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, Goodluck India 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, Goodluck India 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 Goodluck India 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: Goodluck India'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, Goodluck India 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, Goodluck India 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 Goodluck India 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 Goodluck India dividends paid?
Goodluck India dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Goodluck India 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, Goodluck India distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Goodluck India 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: Goodluck India 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, Goodluck India distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Goodluck India 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 Goodluck India pay dividends?
Goodluck India typically pays dividends on a quarterly 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 Goodluck India pay dividends?
The general pattern is that Goodluck India pays dividends around April, and 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 Goodluck India dividend safe?
The safety of Goodluck India'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 Goodluck India'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 Goodluck India'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 Goodluck India'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 Goodluck India'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.