Gujarat Hotels Ltd. owns and operates hotels. The firm owns the WelcomHotel Vadodara in Vadodara, which is operated by ITC Limited. The company was founded on August 7, 1982 and is headquartered in Vadodara, India.
Gujarat Hotels Dividend Announcement
• Gujarat Hotels announced a annually dividend of ₹2.50 per ordinary share which will be made payable on 2024-09-19. Ex dividend date: 2024-08-23 • Gujarat Hotels annual dividend for 2024 was ₹2.50 • Gujarat Hotels annual dividend for 2023 was ₹2.00 • Gujarat Hotels's trailing twelve-month (TTM) dividend yield is 1.15% • Gujarat Hotels's dividend growth over the last five years (2018-2023) was -10.59% year • Gujarat Hotels's dividend growth over the last ten years (2013-2023) was -5.44% year
Gujarat Hotels current trailing twelve-month (TTM) dividend yield is 1.15%. Interested in purchasing Gujarat Hotels stock? Use our calculator to estimate your expected dividend yield:
Gujarat Hotels Financial Ratios
P/E ratio18.26
PEG ratio0.18
P/B ratio1.83
ROE10.34%
Payout ratio0.00%
Current ratio51.99
Quick ratio53.21
Cash Ratio0.22
Gujarat Hotels Dividend FAQ
How much is the next Gujarat Hotels dividend?
Gujarat Hotels'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 Hotels dividend. The next Gujarat Hotels dividend will be released in August.
When is Gujarat Hotels dividend paid?
Gujarat Hotels pays dividends on a annually basis. The specific dates may vary each year but are generally around August. 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 Hotels pay?
The specific amount of Gujarat Hotels 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 Hotels's dividend history.
Does Gujarat Hotels stock pay dividends?
Yes, Gujarat Hotels 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 Hotels's dividend history.
How much dividend does Gujarat Hotels pay?
Gujarat Hotels paid ₹2.5 in 2024, ₹2.0 in 2023, ₹2.0 in 2022, ₹1.8 in 2021, and ₹2.5 in 2020.
How often does Gujarat Hotels pay dividends?
Gujarat Hotels 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 August.
What is Gujarat Hotels's dividend yield?
The current dividend yield for Gujarat Hotels is 1.15%. 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 Hotels's exact dividend yield.
When does Gujarat Hotels go ex dividend?
Gujarat Hotels's ex-dividend date for the latest dividend was on 2024-08-23. Gujarat Hotels 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 Hotels dividend paid?
Gujarat Hotels pays dividends on a annually basis, typically around August, but the exact dates can vary each year.
Will Gujarat Hotels 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 Hotels 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 Hotels dividend per share?
Gujarat Hotels paid ₹2.5 per share in 2024 and ₹2.0 per share in 2023. The amount of dividend per share that Gujarat Hotels 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 Hotels 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 Hotels 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 Hotels a dividend stock?
Yes, Gujarat Hotels is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Gujarat Hotels a good dividend stock?
Whether Gujarat Hotels 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 Hotels has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Gujarat Hotels 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 Hotels pay dividends monthly?
Gujarat Hotels typically pays dividends on a annually basis.
Does Gujarat Hotels pay dividends quarterly?
Gujarat Hotels currently pays dividends on a annually basis.
Has Gujarat Hotels ever paid a dividend?
Yes, Gujarat Hotels has a history of paying dividends to its shareholders. Gujarat Hotels is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Gujarat Hotels dividend stocks?
To buy Gujarat Hotels 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 Hotels 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 Hotels pay dividends 2024?
Gujarat Hotels pays dividends on a annually basis. 2024 dividend payments are in 2024-09-19. 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 Hotels increase its dividend in 2024?
Decisions regarding Gujarat Hotels 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 Hotels dividend overview you can look into the above table of dividend history.
How Gujarat Hotels dividend works?
The Gujarat Hotels 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 Hotels's dividend process works:
1. Determination of Dividend: Gujarat Hotels'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 Hotels 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 Hotels 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 Hotels 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 Hotels dividends paid?
Gujarat Hotels dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Gujarat Hotels 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 Hotels 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 Hotels 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 Hotels pay dividends?
Gujarat Hotels 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 Hotels pay dividends?
The general pattern is that Gujarat Hotels pays dividends around August. 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 Hotels dividend safe?
The safety of Gujarat Hotels'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 Hotels'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 Hotels'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.