Gandhar Oil Refinery (India) Ltd Dividend 2024 : Should Gandhar Oil Refinery (India) Ltd be a part of your dividend portfolio?
Gandhar Oil Refinery (India) Ltd is one of the most popular Refineries company in the world with a market capitalisation of ₹2,043.52Cr. Its share price is ₹204.95 as on 21 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Gandhar Oil Refinery (India) Ltd gave ₹0.50 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
- Refineries stocks do not always pay a dividend but as Gandhar Oil Refinery (India) Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2024, Gandhar Oil Refinery (India) Ltd has declared dividend of ₹0.50 - translating a dividend yield of 0.24%.
Let's look at Gandhar Oil Refinery (India) Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Gandhar Oil Refinery (India) Ltd’s revenue were ₹937.38Cr in the quarter ending September 2024. The revenuefell by -6.56% year on year basis since last quarter.
- Gandhar Oil Refinery (India) Ltd’s profits were ₹18.19Cr in the quarter ending September 2024. The profits fell by -53.73% year on year basis since last quarter.
- Gandhar Oil Refinery (India) Ltd’s dividend was ₹0.50 in the quarter ending March 2024.
Gandhar Oil Refinery (India) Ltd Dividend related ratios:
- Last dividend date: 22/05/2024
- Current Dividend Yield: 0.24%
- Annual dividend payment: ₹0.50