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The Great Eastern Shipping Company Limited, through its subsidiaries, engages in the shipping and offshore oilfield businesses in India and internationally. The company is involved in the transportation of crude oil, petroleum products, and gas and dry bulk commodities through dry bulk carriers and tankers. As of March 31, 2022, it operated a fleet of 45 vessels comprising 31 tankers, including 8 crude carriers, 18 product tankers, and 5 LPG carriers; and 14 dry bulk carriers with an aggregating 3.57 million dwt. The company also offers offshore oilfield services, which include the ownership and/or operation of offshore supply vessels and mobile offshore drilling rigs. It serves various industries, oil companies, and governments. The company was incorporated in 1948 and is headquartered in Mumbai, India.

Great Eastern Shipping Dividend Announcement

Great Eastern Shipping announced a quarterly dividend of ₹7.20 per ordinary share which will be made payable on 2024-12-04. Ex dividend date: 2024-11-19
Great Eastern Shipping annual dividend for 2024 was ₹33.30
Great Eastern Shipping annual dividend for 2023 was ₹27.90
Great Eastern Shipping's trailing twelve-month (TTM) dividend yield is 3.01%
Great Eastern Shipping's payout ratio for the trailing twelve months (TTM) is 11.05%
Great Eastern Shipping's dividend growth over the last five years (2018-2023) was 31.12% year
Great Eastern Shipping's dividend growth over the last ten years (2013-2023) was 14.04% year

Great Eastern Shipping Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-11-19₹7.20quarterly2024-12-04
2024-08-13₹9.00quarterly2024-08-31
2024-05-22₹10.80quarterly2024-06-05
2024-02-12₹6.30quarterly2024-03-01
2023-11-08₹6.30quarterly2023-11-22
2023-08-14₹5.40quarterly2023-09-02
2023-05-24₹9.00quarterly2023-06-11
2023-02-10₹7.20quarterly2023-03-02
2022-11-22₹7.20quarterly2022-12-11
2022-08-10₹5.40quarterly2022-08-28
2022-05-17₹5.40quarterly2022-06-05
2021-11-11₹4.50quarterly2021-11-28
2021-07-20₹9.00quarterly2021-08-28
2020-06-09₹2.70quarterly2020-06-29
2020-03-18₹5.40quarterly2020-04-05
2019-07-31₹5.40quarterly2019-09-07
2018-08-02₹7.20quarterly2018-09-09
2017-08-02₹6.50quarterly2017-09-09
2017-02-14₹3.60quarterly2017-03-05
2016-03-17₹7.50quarterly2016-06-01
2016-02-15₹6.00quarterly2016-03-05
2015-08-04₹7.00quarterly2015-09-11
2014-09-17₹5.00quarterly2014-10-25
2014-08-13₹4.00quarterly2014-09-11
2014-02-17₹4.00quarterly2014-03-08
2013-07-26₹4.50quarterly2013-09-07
2013-02-18₹3.00quarterly2013-03-09

Great Eastern Shipping Dividend per year

Great Eastern Shipping Dividend growth

Great Eastern Shipping Dividend Yield

Great Eastern Shipping current trailing twelve-month (TTM) dividend yield is 3.01%. Interested in purchasing Great Eastern Shipping stock? Use our calculator to estimate your expected dividend yield:

Great Eastern Shipping Financial Ratios

P/E ratio5.59
PEG ratio0.65
P/B ratio1.17
ROE22.90%
Payout ratio11.05%
Current ratio5.42
Quick ratio5.24
Cash Ratio2.24

Great Eastern Shipping Dividend FAQ

How much is the next Great Eastern Shipping dividend?
Great Eastern Shipping's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Great Eastern Shipping dividend. The next Great Eastern Shipping dividend will be released in February, May, August, or November.
When is Great Eastern Shipping dividend paid?
Great Eastern Shipping pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, May, August, and November. 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 Great Eastern Shipping pay?
The specific amount of Great Eastern Shipping 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 Great Eastern Shipping's dividend history.
Does Great Eastern Shipping stock pay dividends?
Yes, Great Eastern Shipping 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 Great Eastern Shipping's dividend history.
How much dividend does Great Eastern Shipping pay?
Great Eastern Shipping paid ₹33.3 in 2024, ₹27.9 in 2023, ₹18.0 in 2022, ₹13.5 in 2021, and ₹8.1 in 2020.
How often does Great Eastern Shipping pay dividends?
Great Eastern Shipping 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 February, May, August, and November.
What is Great Eastern Shipping's dividend yield?
The current dividend yield for Great Eastern Shipping is 3.01%. 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 Great Eastern Shipping's exact dividend yield.
When does Great Eastern Shipping go ex dividend?
Great Eastern Shipping's ex-dividend date for the latest dividend was on 2024-11-19. Great Eastern Shipping 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 Great Eastern Shipping dividend paid?
Great Eastern Shipping pays dividends on a quarterly basis, typically around February, May, August, or November, but the exact dates can vary each year.
Will Great Eastern Shipping 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 Great Eastern Shipping 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 Great Eastern Shipping dividend per share?
Great Eastern Shipping paid ₹33.3 per share in 2024 and ₹27.9 per share in 2023. The amount of dividend per share that Great Eastern Shipping 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 Great Eastern Shipping 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 Great Eastern Shipping 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 Great Eastern Shipping a dividend stock?
Yes, Great Eastern Shipping is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Great Eastern Shipping a good dividend stock?
Whether Great Eastern Shipping is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Great Eastern Shipping has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Great Eastern Shipping 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 Great Eastern Shipping pay dividends monthly?
Great Eastern Shipping typically pays dividends on a quarterly basis.
Does Great Eastern Shipping pay dividends quarterly?
Great Eastern Shipping currently pays dividends on a quarterly basis.
Has Great Eastern Shipping ever paid a dividend?
Yes, Great Eastern Shipping has a history of paying dividends to its shareholders. Great Eastern Shipping is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Great Eastern Shipping dividend stocks?
To buy Great Eastern Shipping 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 Great Eastern Shipping 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 Great Eastern Shipping pay dividends 2024?
Great Eastern Shipping pays dividends on a quarterly basis. 2024 dividend payments are in 2024-12-04. 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 Great Eastern Shipping increase its dividend in 2024?
Decisions regarding Great Eastern Shipping 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 Great Eastern Shipping dividend overview you can look into the above table of dividend history.
How Great Eastern Shipping dividend works?
The Great Eastern Shipping 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 Great Eastern Shipping's dividend process works:

1. Determination of Dividend: Great Eastern Shipping'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, Great Eastern Shipping 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, Great Eastern Shipping 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 Great Eastern Shipping 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 Great Eastern Shipping dividends paid?
Great Eastern Shipping dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Great Eastern Shipping 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, Great Eastern Shipping distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Great Eastern Shipping 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 Great Eastern Shipping pay dividends?
Great Eastern Shipping 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 Great Eastern Shipping pay dividends?
The general pattern is that Great Eastern Shipping pays dividends around February, May, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Great Eastern Shipping dividend safe?
The safety of Great Eastern Shipping'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 Great Eastern Shipping'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 Great Eastern Shipping'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.