Gallantt Ispat Ltd. Dividend 2024 : Should Gallantt Ispat Ltd. be a part of your dividend portfolio?
Gallantt Ispat Ltd. is one of the most popular Industrials company in the world with a market capitalisation of ₹7,708.93Cr. Its share price is ₹316.75 as on 21 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Gallantt Ispat Ltd. gave ₹1 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Industrials stocks do not always pay a dividend but as Gallantt Ispat Ltd. pays dividends to reward its shareholders.
In the quarter ending March 2024, Gallantt Ispat Ltd. has declared dividend of ₹1 - translating a dividend yield of 0.32%.
Let's look at Gallantt Ispat Ltd.’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Gallantt Ispat Ltd.’s revenue were ₹944.64Cr in the quarter ending September 2024. The revenuefell by -0.77% year on year basis since last quarter.
Gallantt Ispat Ltd.’s profits were ₹48.89Cr in the quarter ending September 2024. The profits grew by 3.45% year on year basis since last quarter.
Gallantt Ispat Ltd.’s dividend was ₹1 in the quarter ending March 2024.
Gallantt Ispat Ltd. Dividend related ratios:
Last dividend date: 02/05/2024
Current Dividend Yield: 0.32%
Annual dividend payment: ₹1
History of Gallantt Ispat Ltd.'s Dividend payments