Gujarat Gas (GUJGASLTD.NS) Dividend: History, Dates & Yield - 2024
Tags:Dividend History
Gujarat Gas announced a annually dividend of ₹5.66 per ordinary share, payable on 2024-10-25, with an ex-dividend date of 2024-09-09. Gujarat Gas typically pays dividends one times a year, compared to ₹5.66 in 2024.
Find details on Gujarat Gas's dividend performance with a comprehensive history of past and upcoming payments.
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-09-09 | ₹5.66 | annually | 2024-10-25 |
| 2023-09-11 | ₹6.65 | annually | 2023-10-28 |
| 2022-08-19 | ₹2.00 | annually | 2022-09-27 |
| 2021-09-08 | ₹2.00 | annually | 2021-10-27 |
| 2020-09-09 | ₹1.25 | annually | 2020-10-23 |
| 2019-09-12 | ₹1.00 | annually | 2019-10-20 |
| 2018-09-18 | ₹4.00 | annually | 2018-10-05 |
| 2017-09-20 | ₹3.00 | annually | 2017-10-18 |
| 2016-09-21 | ₹2.50 | annually | 2016-10-29 |
| 2015-12-17 | ₹5.00 | annually | 2016-01-19 |
Dividend Increase
. In comparison, Indraprastha Gas has seen an average growth rate of 53.77% over the past five years and COROMANDEL.NS's growth rate was 6.92%.
By comparing Gujarat Gas's dividend growth to other companies, investors can gain insight into how consistent its dividend strategy is and what that means for future payouts. However, dividend growth is just one factor to consider. Investors should also evaluate other metrics, such as earnings growth, payout ratio, and overall financial health, to get a full picture of Walmart's dividend sustainability and potential.
Dividend Yield
Gujarat Gas's current trailing twelve-month (TTM) dividend yield is 1.16%. Over the last 12 months, Gujarat Gas has maintained this yield, but how does it compare to similar stocks? For example, Indraprastha Gas offers a yield of 2.64%, while COROMANDEL.NS provides a yield of 0.32%. Comparing similar stocks can help investors assess Gujarat Gas's yield and make more informed decisions.
| Company | Dividend Yield | Annual Dividend | Stock Price |
|---|---|---|---|
| Gujarat Gas (GUJGASLTD.NS) | 1.16% | ₹5.66 | ₹489.2 |
| Indraprastha Gas (IGL.NS) | 2.64% | ₹10.5 | ₹397.5 |
| COROMANDEL.NS (COROMANDEL.NS) | 0.32% | $6 | $1875.4 |
Dividend Yield Calculator
Interested in purchasing Gujarat Gas stock? Use our calculator to estimate your expected dividend yield and see how Walmart's consistent payouts could contribute to your long-term investment goals. Understanding your potential returns can help you make an informed decision.
Payout Ratio
Gujarat Gas has a payout ratio of 0.00%. In comparison, MGL.NS has a payout ratio of 0.00%, while Indraprastha Gas's payout ratio is 0.00%.
It's important to note that the payout ratio is just one of many metrics investors use to assess a company's dividend sustainability and growth potential. It should be considered alongside other financial indicators such as earnings, cash flow, and debt levels to gain a complete picture of the company's financial health.
About Gujarat Gas
- Global presence The company operates in various countries worldwide, providing a diversified revenue stream.
- Key segments The company is involved in multiple sectors including consumer goods, technology, and healthcare.
- Products/services The company offers a wide range of products and services across its key segments, catering to various industries and consumer needs.
- Financial stability The company has a strong financial position, showcasing consistent growth and profitability over the years. This stability provides investors with confidence in the company's ability to pay dividends consistently.
Frequently Asked Question
How much is the next Gujarat Gas dividend?
Gujarat Gas's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Gujarat Gas dividend. The next Gujarat Gas dividend will be released in September.
When is Gujarat Gas dividend paid?
Gujarat Gas pays dividends on a annually basis. The specific dates may vary each year but are generally around September. 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 Gujarat Gas pay?
The specific amount of Gujarat Gas 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 Gujarat Gas's dividend history.
Does Gujarat Gas stock pay dividends?
Yes, Gujarat Gas 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 Gujarat Gas's dividend history.
How much dividend does Gujarat Gas pay?
Gujarat Gas paid ₹0.0 in 2025, ₹5.66 in 2024, ₹6.65 in 2023, ₹2.0 in 2022, ₹2.0 in 2021, and ₹1.25 in 2020.
How often does Gujarat Gas pay dividends?
Gujarat Gas 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 September.
What is Gujarat Gas's dividend yield?
The current dividend yield for Gujarat Gas is 1.16%. 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 Gujarat Gas's exact dividend yield.
When does Gujarat Gas go ex dividend?
Gujarat Gas's ex-dividend date for the latest dividend was on 2024-09-09. Gujarat Gas 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 Gujarat Gas dividend paid?
Gujarat Gas pays dividends on a annually basis, typically around September, but the exact dates can vary each year.
Will Gujarat Gas 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 Gujarat Gas 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 Gujarat Gas dividend per share?
Gujarat Gas paid ₹0.0 per share in 2025 and ₹5.66 per share in 2024. The amount of dividend per share that Gujarat Gas 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 Gujarat Gas 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 Gujarat Gas 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 Gujarat Gas a dividend stock?
Yes, Gujarat Gas is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Gujarat Gas a good dividend stock?
Whether Gujarat Gas is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Gujarat Gas has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Gujarat Gas 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 Gujarat Gas 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 Gujarat Gas pay dividends monthly?
Gujarat Gas typically pays dividends on a annually basis.
Does Gujarat Gas pay dividends quarterly?
Gujarat Gas currently pays dividends on a annually basis.
Has Gujarat Gas ever paid a dividend?
Yes, Gujarat Gas has a history of paying dividends to its shareholders. Gujarat Gas is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Gujarat Gas dividend stocks?
To buy Gujarat Gas 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 Gujarat Gas 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 Gujarat Gas 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 Gujarat Gas pay dividends 2024?
Gujarat Gas pays dividends on a annually basis. 2024 dividend payments are in 2024-10-25. 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 Gujarat Gas increase its dividend in 2024?
Decisions regarding Gujarat Gas 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 Gujarat Gas dividend overview you can look into the above table of dividend history.
How Gujarat Gas dividend works?
The Gujarat Gas 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 Gujarat Gas's dividend process works:
1. Determination of Dividend: Gujarat Gas'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 Gas 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 Gas 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 Gas 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: Gujarat Gas'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 Gas 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 Gas 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 Gas 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 Gujarat Gas dividends paid?
Gujarat Gas dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Gujarat Gas 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 Gas 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 Gas 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: Gujarat Gas 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 Gas 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 Gas 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 Gujarat Gas pay dividends?
Gujarat Gas 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 Gujarat Gas pay dividends?
The general pattern is that Gujarat Gas pays dividends around September. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Gujarat Gas dividend safe?
The safety of Gujarat Gas'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 Gujarat Gas'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 Gas'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 Gujarat Gas'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 Gas'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.