Gujarat Fluorochemicals Ltd Dividend 2024 : Should Gujarat Fluorochemicals Ltd be a part of your dividend portfolio?
Gujarat Fluorochemicals Ltd is one of the most popular Basic Materials company in the world with a market capitalisation of ₹41,846.26Cr. Its share price is ₹3,808.90 as on 8 September,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Gujarat Fluorochemicals Ltd gave ₹6 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Basic Materials stocks do not always pay a dividend but as Gujarat Fluorochemicals Ltd pays dividends to reward its shareholders.
In the quarter ending March 2023, Gujarat Fluorochemicals Ltd has declared dividend of ₹2 - translating a dividend yield of 0.16%.
Let's look at Gujarat Fluorochemicals Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Gujarat Fluorochemicals Ltd’s revenue were ₹1,185Cr in the quarter ending June 2024. The revenuefell by -3.19% year on year basis since last quarter.
Gujarat Fluorochemicals Ltd’s profits were ₹108Cr in the quarter ending June 2024. The profits fell by -46.27% year on year basis since last quarter.
Gujarat Fluorochemicals Ltd’s dividend was ₹2 in the quarter ending March 2023.
Gujarat Fluorochemicals Ltd Dividend related ratios:
Last dividend date: 05/05/2023
Current Dividend Yield: 0.16%
Annual dividend payment: ₹6
History of Gujarat Fluorochemicals Ltd's Dividend payments