Gujarat Pipavav Port Limited engages in the construction, operation, and maintenance of port at Pipavav in Gujarat, India. The company provides port services, including marine services, berth hire, wharfage, container handling, yard operations, stevedorage, and other services. Its port handles container cargo, such as cotton, wood pulp, sesame seeds, cattle feeds, agricultural products, ceramic tiles, soda ash, auto parts, spices, capital goods, scrap, water paper, and electronics; bulk and break-bulk cargo comprising coal, cement, clinker, fertilizers, steel, iron ore, agri-products, salt, and soda ash; and liquid cargo, including LPG, POL, chemicals, vegetable oils, bitumen, etc., as well as offers roll-on roll-off, storage, maritime personnel, towage, buffer yard, and rail-out by bill of lading services. The company was incorporated in 1992 and is based in Mumbai, India.
Gujarat Pipavav Port Dividend Announcement
• Gujarat Pipavav Port announced a semi annually dividend of ₹3.70 per ordinary share which will be made payable on 2024-09-21. Ex dividend date: 2024-08-14
• Gujarat Pipavav Port annual dividend for 2024 was ₹3.70
• Gujarat Pipavav Port annual dividend for 2023 was ₹7.00
• Gujarat Pipavav Port's trailing twelve-month (TTM) dividend yield is 3.73%
• Gujarat Pipavav Port's dividend growth over the last five years (2018-2023) was 15.54% year
Gujarat Pipavav Port Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-14 | ₹3.70 | semi annually | 2024-09-21 |
2023-11-21 | ₹3.60 | semi annually | 2023-12-08 |
2023-07-26 | ₹3.40 | semi annually | 2023-09-03 |
2022-11-18 | ₹2.70 | semi annually | 2022-12-01 |
2022-07-26 | ₹2.40 | semi annually | 2022-08-05 |
2021-11-24 | ₹1.60 | semi annually | 2021-12-06 |
2021-08-05 | ₹2.40 | semi annually | 2021-09-12 |
2020-11-24 | ₹2.10 | semi annually | 2020-12-12 |
2020-07-29 | ₹3.50 | semi annually | 2020-09-05 |
2019-11-06 | ₹2.10 | semi annually | 2019-11-23 |
2019-07-30 | ₹1.80 | semi annually | 2019-09-07 |
2018-11-13 | ₹1.70 | semi annually | 2018-11-30 |
2018-08-01 | ₹1.70 | semi annually | 2018-09-08 |
2017-11-13 | ₹1.70 | semi annually | 2017-12-02 |
2017-08-02 | ₹1.80 | semi annually | 2017-09-09 |
2016-11-16 | ₹2.00 | semi annually | 2016-12-04 |
2016-08-03 | ₹1.90 | semi annually | 2016-09-10 |
Gujarat Pipavav Port Dividend per year
Gujarat Pipavav Port Dividend growth
Gujarat Pipavav Port Dividend Yield
Gujarat Pipavav Port current trailing twelve-month (TTM) dividend yield is 3.73%. Interested in purchasing Gujarat Pipavav Port stock? Use our calculator to estimate your expected dividend yield:
Gujarat Pipavav Port Financial Ratios
Gujarat Pipavav Port Dividend FAQ
Other factors to consider when evaluating Gujarat Pipavav Port 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 Pipavav Port'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 Pipavav Port 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 Pipavav Port 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 Pipavav Port 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 Pipavav Port 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 Pipavav Port 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 Pipavav Port 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 Pipavav Port'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 Pipavav Port'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.