GMDCLTD
Gujarat Mineral Development Corporation Ltd
₹241.40
Gujarat Mineral Development Corporation Ltd Dividend 2024 : Should Gujarat Mineral Development Corporation Ltd be a part of your dividend portfolio?
Gujarat Mineral Development Corporation Ltd is one of the most popular Basic Materials company in the world with a market capitalisation of ₹7,681.29Cr. Its share price is ₹241.40 as on 3 March,2025.The dividend is a percentage of earnings paid out to shareholders. Last year, Gujarat Mineral Development Corporation Ltd gave ₹21 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 Mineral Development Corporation Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2024, Gujarat Mineral Development Corporation Ltd has declared dividend of ₹9.55 - translating a dividend yield of 8.70%.
Let's look at Gujarat Mineral Development Corporation Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Gujarat Mineral Development Corporation Ltd’s revenue were ₹767.92Cr in the quarter ending December 2024. The revenue grew by 22.96% year on year basis since last quarter.
- Gujarat Mineral Development Corporation Ltd’s profits were ₹147.66Cr in the quarter ending December 2024. The profits grew by 26.39% year on year basis since last quarter.
- Gujarat Mineral Development Corporation Ltd’s dividend was ₹9.55 in the quarter ending March 2024.
Gujarat Mineral Development Corporation Ltd Dividend related ratios:
- Last dividend date: 27/05/2024
- Current Dividend Yield: 8.70%
- Annual dividend payment: ₹21
History of Gujarat Mineral Development Corporation Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
20/09/2024 | CASH | ₹9.55 | 27/05/2024 | 21/09/2024 |
22/09/2023 | CASH | ₹11.45 | 30/05/2023 | 25/09/2023 |
22/09/2022 | CASH | ₹4.30 | 25/04/2022 | 24/09/2022 |
17/11/2021 | CASH | ₹0.20 | 29/06/2021 | 22/11/2021 |
22/12/2020 | CASH | ₹2 | 23/06/2020 | 24/12/2020 |
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Gujarat Mineral Development Corporation Ltd Dividend v/s Gujarat Mineral Development Corporation Ltd Share price
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FAQs
What is current market price of Gujarat Mineral Development Corporation Ltd (as on 03/03/2025)?
Gujarat Mineral Development Corporation Ltd current market price is ₹241.40 per share
What is the dividend declared by Gujarat Mineral Development Corporation Ltd in the last year?
Gujarat Mineral Development Corporation Ltd has declared dividend worth ₹9.55 in the last year.
What is the latest dividend declared by Gujarat Mineral Development Corporation Ltd?
Gujarat Mineral Development Corporation Ltd has declared dividend worth ₹9.55 in the latest quarter.
When was the latest dividend declared by Gujarat Mineral Development Corporation Ltd?
Gujarat Mineral Development Corporation Ltd has declared dividend on 27/05/2024 of ₹9.55.
How many times did Gujarat Mineral Development Corporation Ltd declare dividend in the current financial year?
Gujarat Mineral Development Corporation Ltd has declared dividend 1 times of ₹9.55 in the current financial year (FY2024-2025)
How many times did Gujarat Mineral Development Corporation Ltd declare dividend in the previous financial year?
Gujarat Mineral Development Corporation Ltd has declared dividend 1 times of ₹11.45 in the previous financial year (FY2023-2024)