Gulf Oil Lubricants India Limited manufactures, markets, and trades lubricants for use in the automobile and industrial sectors in India. The company offers automotive lubricants, such as engine oil, gear oils, greases, and specialties for bikes, scooters, cars, light and heavy commercial vehicles, and tractors. It also provides hydraulic, bearing and circulating, industrial gear, turbine, compressor, refrigeration, quenching, and slideway oils; and metal working fluids, rust preventives, greases, and thermic fluids for use in construction, manufacturing, textile, power generation, mining, food processing, light heavy engineering, marine, and metal working industries. In addition, the company offers two-wheeler batteries; and marine lubricants, as well as a range of complementary technical services. It also exports its products primarily to Bangladesh, Indonesia, Nepal, Qatar, Africa, and internationally. The company has a strategic partnership with S-Oil Corporation to manufacture and market lubricants under the S-Oil Seven brand for the Indian market. The company was formerly known as Hinduja Infrastructure Limited and changed its name to Gulf Oil Lubricants India Limited in September 2013. Gulf Oil Lubricants India Limited was incorporated in 2008 and is headquartered in Mumbai, India. Gulf Oil Lubricants India Limited is a subsidiary of Gulf Oil International (Mauritius) Inc.
Gulf Oil Lubricants India Dividend Announcement
• Gulf Oil Lubricants India announced a semi annually dividend of ₹20.00 per ordinary share which will be made payable on 2024-10-12. Ex dividend date: 2024-09-05
• Gulf Oil Lubricants India annual dividend for 2024 was ₹36.00
• Gulf Oil Lubricants India annual dividend for 2023 was ₹25.00
• Gulf Oil Lubricants India's trailing twelve-month (TTM) dividend yield is 3.06%
• Gulf Oil Lubricants India's dividend growth over the last five years (2018-2023) was 18.95% year
Gulf Oil Lubricants India Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-05 | ₹20.00 | semi annually | 2024-10-12 |
2024-02-13 | ₹16.00 | semi annually | |
2023-08-25 | ₹25.00 | semi annually | 2023-10-01 |
2022-09-08 | ₹5.00 | semi annually | 2022-10-16 |
2021-09-08 | ₹9.00 | semi annually | 2021-10-15 |
2021-02-16 | ₹7.00 | semi annually | 2021-03-05 |
2020-09-10 | ₹7.00 | semi annually | 2020-10-18 |
2020-04-22 | ₹7.00 | semi annually | 2020-05-09 |
2019-09-09 | ₹7.00 | semi annually | 2019-10-16 |
2019-02-22 | ₹4.50 | semi annually | 2019-03-15 |
2018-09-14 | ₹6.50 | semi annually | 2018-10-24 |
2018-02-16 | ₹4.00 | semi annually | 2018-03-08 |
2017-09-07 | ₹5.00 | semi annually | 2017-10-15 |
2017-02-15 | ₹3.50 | semi annually | 2017-03-03 |
2016-08-31 | ₹4.00 | semi annually | 2016-10-13 |
2016-02-17 | ₹3.00 | semi annually | 2016-03-10 |
2015-09-14 | ₹3.50 | semi annually | 2015-10-22 |
2014-10-09 | ₹2.00 | semi annually | 2014-10-24 |
Gulf Oil Lubricants India Dividend per year
Gulf Oil Lubricants India Dividend growth
Gulf Oil Lubricants India Dividend Yield
Gulf Oil Lubricants India current trailing twelve-month (TTM) dividend yield is 3.06%. Interested in purchasing Gulf Oil Lubricants India stock? Use our calculator to estimate your expected dividend yield:
Gulf Oil Lubricants India Financial Ratios
Gulf Oil Lubricants India Dividend FAQ
Other factors to consider when evaluating Gulf Oil Lubricants India 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: Gulf Oil Lubricants India'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, Gulf Oil Lubricants India 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, Gulf Oil Lubricants India 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 Gulf Oil Lubricants India 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: Gulf Oil Lubricants India 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, Gulf Oil Lubricants India distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Gulf Oil Lubricants India 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 Gulf Oil Lubricants India'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 Gulf Oil Lubricants India'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.