GIPCL
Gujarat Industries Power Co Ltd
₹175.18
Gujarat Industries Power Co Ltd Dividend 2024 : Should Gujarat Industries Power Co Ltd be a part of your dividend portfolio?
Gujarat Industries Power Co Ltd is one of the most popular Utilities company in the world with a market capitalisation of ₹2,686.20Cr. Its share price is ₹175.18 as on 21 February,2025.The dividend is a percentage of earnings paid out to shareholders. Last year, Gujarat Industries Power Co Ltd gave ₹7.70 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
- Utilities stocks do not always pay a dividend but as Gujarat Industries Power Co Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2024, Gujarat Industries Power Co Ltd has declared dividend of ₹3.95 - translating a dividend yield of 4.40%.
Let's look at Gujarat Industries Power Co Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Gujarat Industries Power Co Ltd’s revenue were ₹336.76Cr in the quarter ending December 2024. The revenuefell by -8.75% year on year basis since last quarter.
- Gujarat Industries Power Co Ltd’s profits were ₹39.20Cr in the quarter ending December 2024. The profits fell by -15.92% year on year basis since last quarter.
- Gujarat Industries Power Co Ltd’s dividend was ₹3.95 in the quarter ending March 2024.
Gujarat Industries Power Co Ltd Dividend related ratios:
- Last dividend date: 18/05/2024
- Current Dividend Yield: 4.40%
- Annual dividend payment: ₹7.70
History of Gujarat Industries Power Co Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
13/09/2024 | CASH | ₹3.95 | 18/05/2024 | 14/09/2024 |
08/09/2023 | CASH | ₹3.75 | 29/05/2023 | 11/09/2023 |
14/09/2022 | CASH | ₹2.50 | 20/05/2022 | 16/09/2022 |
15/09/2021 | CASH | ₹2.70 | 27/05/2021 | 17/09/2021 |
03/12/2020 | CASH | ₹2.90 | 15/06/2020 | 05/12/2020 |
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Gujarat Industries Power Co Ltd Dividend v/s Gujarat Industries Power Co Ltd Share price
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FAQs
What is current market price of Gujarat Industries Power Co Ltd (as on 21/02/2025)?
Gujarat Industries Power Co Ltd current market price is ₹175.18 per share
What is the dividend declared by Gujarat Industries Power Co Ltd in the last year?
Gujarat Industries Power Co Ltd has declared dividend worth ₹3.95 in the last year.
What is the latest dividend declared by Gujarat Industries Power Co Ltd?
Gujarat Industries Power Co Ltd has declared dividend worth ₹3.95 in the latest quarter.
When was the latest dividend declared by Gujarat Industries Power Co Ltd?
Gujarat Industries Power Co Ltd has declared dividend on 18/05/2024 of ₹3.95.
How many times did Gujarat Industries Power Co Ltd declare dividend in the current financial year?
Gujarat Industries Power Co Ltd has declared dividend 1 times of ₹3.95 in the current financial year (FY2024-2025)
How many times did Gujarat Industries Power Co Ltd declare dividend in the previous financial year?
Gujarat Industries Power Co Ltd has declared dividend 1 times of ₹3.75 in the previous financial year (FY2023-2024)