![company-logo](/_next/image?url=https%3A%2F%2Fwww.idividendstocks.com%2Fapi%2Fsymbol%2Fimage%2FGOODLUCK.NS.png&w=384&q=75)
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 0.61%
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 0.61%. Interested in purchasing Goodluck India stock? Use our calculator to estimate your expected dividend yield:
Goodluck India Financial Ratios
Goodluck India Dividend FAQ
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.
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.
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. 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.
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.