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Dividend of Gujarat Mineral Development Corporation Ltd

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Gujarat Mineral Development Corporation Ltd

NSE: GMDCLTD

Dividend Payout (Final)

₹ 9.55

Ex-Dividend Date: Sep 20, 2024

Key Highlights

  • The dividend payouts of Gujarat Mineral Development Corporation Ltd changed from ₹ 9.55 to ₹ 2 over 6 quarters. This represents a CAGR of -64.73% .
  • The Latest Trading Price of Gujarat Mineral Development Corporation Ltd is ₹ 361.2 as of 12 Dec 15:30 .

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Monitoring Gujarat Mineral Development Corporation Ltd share price can help you stay informed about potential market shifts and opportunities.

Historical Dividend Payouts of Gujarat Mineral Development Corporation Ltd

Fiscal Year
leftDividend Payout (₹)right
2023-2410
2022-2311
2021-224
2020-210
2019-202

Overview of Dividend

  • <h2><strong>Types of Dividend</strong></h2><br> <h3>Special Dividend</h3> <p>A dividend is paid on common stock when a company has accumulated substantial profits over years, often seen as excess cash that doesn't need immediate use.</p> <br> <h3>Preferred Dividend</h3> <p>A quarterly dividend is paid to preferred stock owners, typically accumulating a fixed amount, and is earned on shares that function more like bonds.</p> <br> <h3>Interim Dividend</h3> <p>Companies declare interim dividends before final full-year accounts are prepared, specifically in India, during the financial year from April to March of the following year.</p> <br> <h3>Final Dividend</h3> <p>A final dividend is issued after the year's accounts have been compiled.
  • Aside from this, the following list highlights the most prevalent sorts of dividends:</p> <br>.

Types of Dividend


Special Dividend

A dividend is paid on common stock when a company has accumulated substantial profits over years, often seen as excess cash that doesn't need immediate use.


Preferred Dividend

A quarterly dividend is paid to preferred stock owners, typically accumulating a fixed amount, and is earned on shares that function more like bonds.


Interim Dividend

Companies declare interim dividends before final full-year accounts are prepared, specifically in India, during the financial year from April to March of the following year.


Final Dividend

A final dividend is issued after the year's accounts have been compiled. Aside from this, the following list highlights the most prevalent sorts of dividends:


Dividend Yield Comparison With Top Peers

* All values are in %

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Gujarat Mineral Development Corporation Ltd

NSE: GMDCLTD

Share Price

₹ 361.2

-8.55 (-2.31%)

stock direction

Last updated on: Dec 12, 2024

Company Fundamentals for Gujarat Mineral Development Corporation Ltd

No data available

Dividend Payout Over Time

No data available

Net Profit Vs Dividend Per Share

SWOT Analysis Of Gujarat Mineral Development Corporation Ltd

Strength

4

che

Weakness

3

che

Opportunity

0

che

Threats

1

che

BlinkX Score for Gujarat Mineral Development Corporation Ltd

Historical Market Cap of Gujarat Mineral Development Corporation Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Gujarat Mineral Development Corporation Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

Gujarat Mineral Development Corporation Ltd News Hub

Gujarat Mineral Development Corp. to convene AGM

Gujarat Mineral Development Corp. announced that the Annual General Meeting (AGM) of the company wil

Read more

2024-09-14 00:00:00

Gujarat Mineral Development Corp. to convene AGM

Gujarat Mineral Development Corp. announced that the Annual General Meeting (AGM) of the company wil

Read more

2024-09-16 00:00:00

Gujarat Mineral Development Corp. to announce Quarterly Result

Gujarat Mineral Development Corp. will hold a meeting of the Board of Directors of the Company on 19

Read more

2024-10-14 00:00:00

Gujarat Mineral Development Corporation consolidated net profit rises 71.44% in the September 2024 quarter

Net profit of Gujarat Mineral Development Corporation rose 71.44% to Rs 127.86 crore in the quarter

Read more

2024-10-23 00:00:00

About Gujarat Mineral Development Corporation Ltd

  • Gujarat Mineral Development Corporation Limited (GMDC), established by the Government of Gujarat, in May, 1963, is a mining and mineral processing company in India.
  • The company is the largest merchant seller of Lignite in India.
  • The company produces lignite, bauxite, calcined bauxite, fluorspar and manganese ore.
  • They are also engaged in the generation of power.
  • The company offers lignite for various industrial units, including textiles, chemicals, ceramics, bricks, and captive power. Lignite mining is the main operation of the company.

FAQs for Dividends of Gujarat Mineral Development Corporation Ltd

What is the current market price of Gujarat Mineral Development Corporation Ltd as of December 12, 2024?

The current market price of Gujarat Mineral Development Corporation Ltd stands at 361.2 per share.

What dividend did Gujarat Mineral Development Corporation Ltd declare in the last fiscal year?

In the last fiscal year, Gujarat Mineral Development Corporation Ltd declared a dividend totaling ₹11.4.

What is the most recent dividend declared by Gujarat Mineral Development Corporation Ltd?

Gujarat Mineral Development Corporation Ltd has declared dividend worth ₹0.0 in the latest quarter..

How many times has Gujarat Mineral Development Corporation Ltd declared dividends in the current fiscal year?

Gujarat Mineral Development Corporation Ltd has declared dividends 2 times totaling ₹0 in the current fiscal year (FY2024-2025).

How many times did Gujarat Mineral Development Corporation Ltd declare dividends in the previous fiscal year?

In the previous fiscal year (FY2023-2024), Gujarat Mineral Development Corporation Ltd declared dividends 4 times totaling ₹11.4.

What is Dividend Yield of Gujarat Mineral Development Corporation Ltd?

The Gujarat Mineral Development Corporation Ltd's Dividend Yield is 2.6 as of December 12, 2024

Will I get Gujarat Mineral Development Corporation Ltd dividend if I have shares?

If you purchase Gujarat Mineral Development Corporation Ltd stock on or after its ex-dividend date, you won’t receive the next dividend; the seller will. Buy before the ex-dividend date to receive the dividend.

Do I lose my Gujarat Mineral Development Corporation Ltd dividend if I sell my shares?

Shareholders who sell their Gujarat Mineral Development Corporation Ltd stock before the ex-dividend date do not receive the dividend.

How do I check if I am eligible for a Gujarat Mineral Development Corporation Ltd dividend?

To be eligible for the Gujarat Mineral Development Corporation Ltd dividend, you must buy the stock no later than one day before the ex-dividend date.

Is Gujarat Mineral Development Corporation Ltd dividend automatically credited to a bank account?

If your bank mandate is registered with the registrar, the Gujarat Mineral Development Corporation Ltd dividend amount will be automatically credited to your bank account.

Will I get Gujarat Mineral Development Corporation Ltd dividend if I have shares?

If you purchase Gujarat Mineral Development Corporation Ltd stock on or after its ex-dividend date, you won’t receive the next dividend; the seller will. Buy before the ex-dividend date to receive the dividend.
Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.
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