GP Petroleums Limited engages in formulating, manufacturing, and marketing industrial and automotive lubricants, process oils, transformer oils, greases, and other specialties in India and internationally. It offers automotive lubricants, including automotive engine oils, gear and transmission oils, greases, engine coolant and brake fluids, and BS-VI compliant lubricants. The company also provides industrial lubricants and specialties comprising industrial lubricating and specialty oils; metal working fluids, corrosion preventive oils, cleaners, and quenching oils, and industrial greases, as well as process oils and specialties consisting of rubber process oils, and transformer oils. It markets its lubricants under the IPOL and REPSOL brand names through distributors and dealers. The company was formerly known as Sah Petroleums Limited and changed its name to GP Petroleums Limited in April 2015. The company was incorporated in 1983 and is headquartered in Mumbai, India. GP Petroleums Limited operates as a subsidiary of GP Global APAC Pte. Ltd.
GP Petroleums Dividend Announcement
• GP Petroleums announced a annually dividend of ₹0.75 per ordinary share which will be made payable on 2020-10-29. Ex dividend date: 2020-09-21
• GP Petroleums's trailing twelve-month (TTM) dividend yield is -%
GP Petroleums Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2020-09-21 | ₹0.75 | annually | 2020-10-29 |
2019-09-11 | ₹0.75 | annually | 2019-10-19 |
2018-09-12 | ₹0.75 | annually | 2018-10-21 |
2017-09-13 | ₹0.75 | annually | 2017-10-22 |
2016-09-22 | ₹0.10 | annually | 2016-10-30 |
2016-03-22 | ₹0.40 | annually | 2016-09-04 |
2015-09-22 | ₹0.10 | annually | 2015-10-30 |
2014-09-23 | ₹0.01 | annually | 2014-10-30 |
2013-09-23 | ₹0.01 | annually | 2013-10-30 |
2012-09-20 | ₹0.01 | annually | 2012-10-29 |
2011-09-22 | ₹0.05 | annually | 2011-10-30 |
2010-09-22 | ₹0.01 | annually | 2010-10-30 |
2009-09-23 | ₹0.05 | annually | 2009-10-29 |
GP Petroleums Dividend per year
GP Petroleums Dividend growth
GP Petroleums Dividend Yield
GP Petroleums current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing GP Petroleums stock? Use our calculator to estimate your expected dividend yield:
GP Petroleums Financial Ratios
GP Petroleums Dividend FAQ
Other factors to consider when evaluating GP Petroleums 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: GP Petroleums'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, GP Petroleums 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, GP Petroleums 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 GP Petroleums 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: GP Petroleums 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, GP Petroleums distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: GP Petroleums 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 GP Petroleums'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 GP Petroleums'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.