Gujarat State Fertilizers & Chemicals Limited manufactures and sells fertilizers and industrial products in India. The company offers industrial products, such as anhydrous ammonia, argon gas, caprolactam, melamine, methanol, methyl ethyl ketoxime, nylon-6, oleum, sulphuric acid, anone-anol mixture, cyclohexane, cyclohexanone, hydroxylamine sulphate, nitric acid, and technical grade urea. It also provides fertilizer products, including neem urea, ammonium sulphate, di-ammonium phosphate, ammonium phosphate sulphate, NPK, water soluble fertilizers, muriate of potash, micro mixes, and gypsum, as well as agro products. In addition, the company offers sulphur based products, plant tissue culture products, micro nutrients, soil conditioners, organic products, and seeds, as well as is involved in the trading services. Gujarat State Fertilizers & Chemicals Limited was incorporated in 1962 and is based in Vadodara, India.
Gujarat State Fertilizers & Chemicals Dividend Announcement
• Gujarat State Fertilizers & Chemicals announced a annually dividend of ₹4.00 per ordinary share which will be made payable on 2024-10-24. Ex dividend date: 2024-09-09
• Gujarat State Fertilizers & Chemicals annual dividend for 2024 was ₹4.00
• Gujarat State Fertilizers & Chemicals annual dividend for 2023 was ₹10.00
• Gujarat State Fertilizers & Chemicals's trailing twelve-month (TTM) dividend yield is 2.01%
• Gujarat State Fertilizers & Chemicals's dividend growth over the last five years (2018-2023) was 35.37% year
• Gujarat State Fertilizers & Chemicals's dividend growth over the last ten years (2013-2023) was 17.46% year
Gujarat State Fertilizers & Chemicals Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-09 | ₹4.00 | annually | 2024-10-24 |
2023-09-07 | ₹10.00 | annually | 2023-09-28 |
2022-09-09 | ₹2.50 | annually | 2022-10-27 |
2021-09-08 | ₹2.20 | annually | 2021-10-27 |
2020-09-14 | ₹1.20 | annually | 2020-10-30 |
2019-09-09 | ₹2.20 | annually | 2019-10-27 |
2018-09-11 | ₹2.20 | annually | 2018-10-28 |
2017-08-31 | ₹2.20 | annually | 2017-10-16 |
2016-09-01 | ₹2.20 | annually | |
2015-08-31 | ₹2.20 | annually | 2015-10-16 |
2014-07-24 | ₹2.00 | annually | 2014-09-07 |
2013-07-18 | ₹2.00 | annually | 2013-09-02 |
Gujarat State Fertilizers & Chemicals Dividend per year
Gujarat State Fertilizers & Chemicals Dividend growth
Gujarat State Fertilizers & Chemicals Dividend Yield
Gujarat State Fertilizers & Chemicals current trailing twelve-month (TTM) dividend yield is 2.01%. Interested in purchasing Gujarat State Fertilizers & Chemicals stock? Use our calculator to estimate your expected dividend yield:
Gujarat State Fertilizers & Chemicals Financial Ratios
Gujarat State Fertilizers & Chemicals Dividend FAQ
Other factors to consider when evaluating Gujarat State Fertilizers & Chemicals 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 State Fertilizers & Chemicals'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 State Fertilizers & Chemicals 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 State Fertilizers & Chemicals 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 State Fertilizers & Chemicals 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 State Fertilizers & Chemicals 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 State Fertilizers & Chemicals 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 State Fertilizers & Chemicals 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 State Fertilizers & Chemicals'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 State Fertilizers & Chemicals'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.