GRP Limited manufactures and sells reclaimed rubber products for tire and non-tire rubber goods in India and internationally. The company operates through Reclaim Rubber and Others segments. It offers reclaimed natural and synthetic rubber products for use in inner liners and tubes, tire side walls and piles, tire treads and retreads, conveyor belts, molded goods, adhesives, and footwear, as well as rubber mattings, profiles, and roofing; and POLYCOAT, an elastic powder in compounded form, which is used in NBR based molded products, metal to rubber bonded parts, NBR based oil seals, NBR matting/sheeting, NBR-PVC blend, tires, conveyor belt, molded products, matting/sheeting, tread rubber, seals/gaskets, and flaps applications. The company also provides industrial polymers comprising glass filled and unfilled reprocessed nylon 6 and modified nylon 6,6 used in automotive, electrical and electronics, consumer goods, and industrial applications; and custom die forms consisting of link, door, and industrial mats, as well as dock bumpers primarily for use in civil and agricultural industries. In addition, it generates power from windmill; offers engineering plastics and polymer composite products; and develops poly-blends and thermoplastic elastomers. The company was formerly known as Gujarat Reclaim and Rubber Products Limited and changed its name to GRP Limited in June 2012. GRP Limited was incorporated in 1974 and is headquartered in Mumbai, India.
GRP Dividend Announcement
• GRP announced a annually dividend of ₹37.50 per ordinary share which will be made payable on 2024-09-01. Ex dividend date: 2024-07-26
• GRP annual dividend for 2024 was ₹37.50
• GRP annual dividend for 2023 was ₹17.00
• GRP's trailing twelve-month (TTM) dividend yield is 0.28%
• GRP's dividend growth over the last five years (2018-2023) was 68.54% year
GRP Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-07-26 | ₹37.50 | annually | 2024-09-01 |
| 2023-07-28 | ₹17.00 | annually | 2023-09-03 |
| 2022-08-11 | ₹9.00 | annually | 2022-09-21 |
| 2021-08-04 | ₹2.50 | annually | 2021-09-11 |
| 2020-02-27 | ₹5.50 | annually | 2020-03-20 |
| 2019-08-14 | ₹8.00 | annually | 2019-09-21 |
| 2018-08-08 | ₹1.25 | annually | 2018-09-15 |
| 2017-08-02 | ₹10.00 | annually | 2017-09-09 |
| 2016-09-12 | ₹10.00 | annually | 2016-10-21 |
| 2015-07-17 | ₹11.25 | annually | 2015-08-26 |
GRP Dividend per year
GRP Dividend growth
GRP Dividend Yield
GRP current trailing twelve-month (TTM) dividend yield is 0.28%. Interested in purchasing GRP stock? Use our calculator to estimate your expected dividend yield:
GRP Financial Ratios
P/E ratio77.94
PEG ratio-2.56
P/B ratio10.65
ROE14.02%
Payout ratio0.00%
Current ratio1.13
Quick ratio0.79
Cash Ratio0.00
GRP Dividend FAQ
How much is the next GRP dividend?
GRP's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next GRP dividend. The next GRP dividend will be released in July.
When is GRP dividend paid?
GRP pays dividends on a annually basis. The specific dates may vary each year but are generally around July. 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 GRP pay?
The specific amount of GRP 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 GRP's dividend history.
Does GRP stock pay dividends?
Yes, GRP 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 GRP's dividend history.
How much dividend does GRP pay?
GRP paid ₹37.5 in 2024, ₹17.0 in 2023, ₹9.0 in 2022, ₹2.5 in 2021, and ₹5.5 in 2020.
How often does GRP pay dividends?
GRP 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 July.
What is GRP's dividend yield?
The current dividend yield for GRP is 0.28%. 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 GRP's exact dividend yield.
When does GRP go ex dividend?
GRP's ex-dividend date for the latest dividend was on 2024-07-26. GRP 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 GRP dividend paid?
GRP pays dividends on a annually basis, typically around July, but the exact dates can vary each year.
Will GRP 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 GRP 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 GRP dividend per share?
GRP paid ₹37.5 per share in 2024 and ₹17.0 per share in 2023. The amount of dividend per share that GRP 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 GRP 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 GRP 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 GRP a dividend stock?
Yes, GRP is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is GRP a good dividend stock?
Whether GRP is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. GRP has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating GRP 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 GRP 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 GRP pay dividends monthly?
GRP typically pays dividends on a annually basis.
Does GRP pay dividends quarterly?
GRP currently pays dividends on a annually basis.
Has GRP ever paid a dividend?
Yes, GRP has a history of paying dividends to its shareholders. GRP is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy GRP dividend stocks?
To buy GRP 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 GRP 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 GRP 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 GRP pay dividends 2024?
GRP pays dividends on a annually basis. 2024 dividend payments are in 2024-09-01. 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 GRP increase its dividend in 2024?
Decisions regarding GRP 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 GRP dividend overview you can look into the above table of dividend history.
How GRP dividend works?
The GRP 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 GRP's dividend process works:
1. Determination of Dividend: GRP'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, GRP 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, GRP 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 GRP 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: GRP'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, GRP 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, GRP 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 GRP 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 GRP dividends paid?
GRP dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: GRP 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, GRP distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: GRP 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: GRP 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, GRP distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: GRP 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 GRP pay dividends?
GRP 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 GRP pay dividends?
The general pattern is that GRP pays dividends around July. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is GRP dividend safe?
The safety of GRP'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 GRP'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 GRP'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 GRP'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 GRP'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.