Petronet LNG Limited engages in the import, regasification, and supply of liquefied natural gas (LNG) in India. The company owns and operates a LNG import and regasification terminal with name plate capacity of 17.5 MMTPA located in Dahej, Gujarat; and a LNG terminal with name plate capacity of 5 MMTPA located in Kochi, Kerala. Petronet LNG Limited was incorporated in 1998 and is based in New Delhi, India.
Petronet LNG Dividend Announcement
• Petronet LNG announced a semi annually dividend of ₹7.00 per ordinary share which will be made payable on 2024-11-23. Ex dividend date: 2024-11-08
• Petronet LNG annual dividend for 2024 was ₹10.00
• Petronet LNG annual dividend for 2023 was ₹10.00
• Petronet LNG's trailing twelve-month (TTM) dividend yield is 2.98%
• Petronet LNG's dividend growth over the last ten years (2013-2023) was 14.87% year
Petronet LNG Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-08 | ₹7.00 | semi annually | 2024-11-23 |
2024-07-12 | ₹3.00 | semi annually | 2024-10-06 |
2023-11-10 | ₹7.00 | semi annually | 2023-11-29 |
2023-08-18 | ₹3.00 | semi annually | 2023-10-28 |
2022-11-21 | ₹7.00 | semi annually | 2022-12-05 |
2022-07-04 | ₹4.50 | semi annually | 2022-10-21 |
2021-11-17 | ₹7.00 | semi annually | 2021-12-06 |
2021-07-01 | ₹3.50 | semi annually | 2021-10-28 |
2020-11-23 | ₹8.00 | semi annually | 2020-12-11 |
2020-07-15 | ₹7.00 | semi annually | 2020-10-10 |
2019-11-07 | ₹5.50 | semi annually | 2019-11-28 |
2019-08-19 | ₹4.50 | semi annually | 2019-09-26 |
2018-11-15 | ₹5.50 | semi annually | 2018-12-02 |
2018-09-06 | ₹4.50 | semi annually | 2018-10-14 |
2017-09-07 | ₹2.50 | semi annually | 2017-10-15 |
2016-09-12 | ₹2.50 | semi annually | 2016-10-21 |
2015-09-15 | ₹2.00 | semi annually | 2015-10-24 |
2014-09-04 | ₹2.00 | semi annually | 2014-10-18 |
2013-06-20 | ₹2.50 | semi annually | 2013-08-03 |
Petronet LNG Dividend per year
Petronet LNG Dividend growth
Petronet LNG Dividend Yield
Petronet LNG current trailing twelve-month (TTM) dividend yield is 2.98%. Interested in purchasing Petronet LNG stock? Use our calculator to estimate your expected dividend yield:
Petronet LNG Financial Ratios
Petronet LNG Dividend FAQ
Other factors to consider when evaluating Petronet LNG 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: Petronet LNG'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, Petronet LNG 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, Petronet LNG 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 Petronet LNG 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: Petronet LNG 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, Petronet LNG distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Petronet LNG 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 Petronet LNG'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 Petronet LNG'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.