Gujarat Apollo Industries Limited, together with its subsidiaries, manufactures and sells crushing and screening equipment for quarry, mining, construction, and recycling industries in India. The company offers jaw and cone crushers; primary and secondary impact crushers; vertical shaft impact crushers; vibrating screens; mobile crushing plants; crushing and screening plants; bucket crushers; and coal sampling units, as well as spare management services. It also exports its products. The company was formerly known as Gujarat Apollo Equipments Limited and changed its name to Gujarat Apollo Industries Limited in November 2006. Gujarat Apollo Industries Limited was incorporated in 1986 and is based in Ahmedabad, India.
Gujarat Apollo Industries Dividend Announcement
• Gujarat Apollo Industries announced a annually dividend of ₹2.00 per ordinary share which will be made payable on 2024-10-30. Ex dividend date: 2024-09-23
• Gujarat Apollo Industries annual dividend for 2024 was ₹2.00
• Gujarat Apollo Industries annual dividend for 2023 was ₹2.00
• Gujarat Apollo Industries's trailing twelve-month (TTM) dividend yield is 0.63%
• Gujarat Apollo Industries's dividend growth over the last five years (2018-2023) was -7.79% year
• Gujarat Apollo Industries's dividend growth over the last ten years (2013-2023) was -14.87% year
Gujarat Apollo Industries Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-23 | ₹2.00 | annually | 2024-10-30 |
2023-09-22 | ₹2.00 | annually | 2023-10-30 |
2022-09-20 | ₹2.00 | annually | 2022-10-28 |
2021-09-21 | ₹2.00 | annually | 2021-10-29 |
2020-09-22 | ₹3.00 | annually | 2020-10-30 |
2019-09-19 | ₹3.00 | annually | 2019-10-27 |
2018-09-19 | ₹3.00 | annually | 2018-10-29 |
2017-09-21 | ₹2.50 | annually | 2017-10-29 |
2016-09-21 | ₹2.50 | annually | 2016-10-28 |
2015-09-16 | ₹2.50 | annually | 2015-10-26 |
2014-09-15 | ₹2.50 | annually | 2014-10-23 |
2013-08-20 | ₹10.00 | annually | 2013-09-28 |
Gujarat Apollo Industries Dividend per year
Gujarat Apollo Industries Dividend growth
Gujarat Apollo Industries Dividend Yield
Gujarat Apollo Industries current trailing twelve-month (TTM) dividend yield is 0.63%. Interested in purchasing Gujarat Apollo Industries stock? Use our calculator to estimate your expected dividend yield:
Gujarat Apollo Industries Financial Ratios
Gujarat Apollo Industries Dividend FAQ
Other factors to consider when evaluating Gujarat Apollo Industries 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: Gujarat Apollo Industries'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, Gujarat Apollo Industries 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, Gujarat Apollo Industries 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 Gujarat Apollo Industries 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: Gujarat Apollo Industries 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, Gujarat Apollo Industries distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Gujarat Apollo Industries 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 Gujarat Apollo Industries'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 Gujarat Apollo Industries'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.