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Gujarat State Petronet Limited transmits natural gas through pipeline on an open access basis from supply points to demand centers in India. It develops energy transportation infrastructure and connects natural gas supply sources, including LNG terminals to various markets. It also operates city gas distribution and trading of natural gas business, as well as generates electricity through windmills. The company was incorporated in 1998 and is based in Gandhinagar, India.

Gujarat State Petronet Dividend Announcement

Gujarat State Petronet announced a annually dividend of ₹5.00 per ordinary share which will be made payable on 2024-10-18. Ex dividend date: 2024-09-06
Gujarat State Petronet annual dividend for 2024 was ₹5.00
Gujarat State Petronet annual dividend for 2023 was ₹5.00
Gujarat State Petronet's trailing twelve-month (TTM) dividend yield is 1.22%

Gujarat State Petronet Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-06₹5.00annually2024-10-18
2023-09-01₹5.00annually2023-10-14
2022-09-01₹2.00annually2022-10-21
2017-09-20₹1.50annually2017-10-28
2016-09-14₹1.50annually
2015-09-15₹1.20annually
2014-09-18₹1.00annually
2013-09-19₹1.00annually
2012-09-13₹1.00annually
2011-09-15₹1.00annually
2010-09-13₹1.00annually
2009-11-26₹0.75annually

Gujarat State Petronet Dividend per year

Gujarat State Petronet Dividend growth

Gujarat State Petronet Dividend Yield

Gujarat State Petronet current trailing twelve-month (TTM) dividend yield is 1.22%. Interested in purchasing Gujarat State Petronet stock? Use our calculator to estimate your expected dividend yield:

Gujarat State Petronet Financial Ratios

P/E ratio13.62
PEG ratio1.18
P/B ratio2.14
ROE32.71%
Payout ratio0.00%
Current ratio1.33
Quick ratio1.24
Cash Ratio0.31

Gujarat State Petronet Dividend FAQ

How much is the next Gujarat State Petronet dividend?
Gujarat State Petronet'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 State Petronet dividend. The next Gujarat State Petronet dividend will be released in September.
When is Gujarat State Petronet dividend paid?
Gujarat State Petronet 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 State Petronet pay?
The specific amount of Gujarat State Petronet 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 State Petronet's dividend history.
Does Gujarat State Petronet stock pay dividends?
Yes, Gujarat State Petronet 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 State Petronet's dividend history.
How much dividend does Gujarat State Petronet pay?
Gujarat State Petronet paid ₹5.0 in 2024, ₹5.0 in 2023, ₹2.0 in 2022, ₹0.0 in 2021, and ₹0.0 in 2020.
How often does Gujarat State Petronet pay dividends?
Gujarat State Petronet 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 State Petronet's dividend yield?
The current dividend yield for Gujarat State Petronet is 1.22%. 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 State Petronet's exact dividend yield.
When does Gujarat State Petronet go ex dividend?
Gujarat State Petronet's ex-dividend date for the latest dividend was on 2024-09-06. Gujarat State Petronet 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 State Petronet dividend paid?
Gujarat State Petronet pays dividends on a annually basis, typically around September, but the exact dates can vary each year.
Will Gujarat State Petronet 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 State Petronet 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 State Petronet dividend per share?
Gujarat State Petronet paid ₹5.0 per share in 2024 and ₹5.0 per share in 2023. The amount of dividend per share that Gujarat State Petronet 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 State Petronet 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 State Petronet 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 State Petronet a dividend stock?
Yes, Gujarat State Petronet is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Gujarat State Petronet a good dividend stock?
Whether Gujarat State Petronet 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 State Petronet has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Gujarat State Petronet 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 State Petronet pay dividends monthly?
Gujarat State Petronet typically pays dividends on a annually basis.
Does Gujarat State Petronet pay dividends quarterly?
Gujarat State Petronet currently pays dividends on a annually basis.
Has Gujarat State Petronet ever paid a dividend?
Yes, Gujarat State Petronet has a history of paying dividends to its shareholders. Gujarat State Petronet is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Gujarat State Petronet dividend stocks?
To buy Gujarat State Petronet 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 State Petronet 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 State Petronet pay dividends 2024?
Gujarat State Petronet pays dividends on a annually basis. 2024 dividend payments are in 2024-10-18. 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 State Petronet increase its dividend in 2024?
Decisions regarding Gujarat State Petronet 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 State Petronet dividend overview you can look into the above table of dividend history.
How Gujarat State Petronet dividend works?
The Gujarat State Petronet 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 State Petronet's dividend process works:

1. Determination of Dividend: Gujarat State Petronet'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 Petronet 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 Petronet 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 Petronet 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 State Petronet dividends paid?
Gujarat State Petronet dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Gujarat State Petronet 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 Petronet 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 Petronet 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 State Petronet pay dividends?
Gujarat State Petronet 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 State Petronet pay dividends?
The general pattern is that Gujarat State Petronet 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 State Petronet dividend safe?
The safety of Gujarat State Petronet'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 State Petronet'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 Petronet'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.