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Gujarat Mineral Development Corporation Limited Stock Dividends Overview

GMDCLTD.NS used to pay dividends yearly. Last paid amount was ₹4.30 at Sep 22, 2022. As of today, dividend yield (TTM) is 0%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 0%
Frequency Yearly
1Y Growth 0%
Payout Ratio 0
Amount Per Share ₹4.30
Gujarat Mineral Development Corporation Limited has not yet announced its next dividend date. Last payment date was: Sep 22, 2022.

GMDCLTD Dividend Payout History

To ensure a understanding of GMDCLTD's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.


# Declaration Date Ex-Date Pay Date Amount Yield
1 Sep 22, 2022 Sep 22, 2022 Sep 22, 2022 ₹4.30 2.92%
2 Nov 17, 2021 Nov 17, 2021 Nov 17, 2021 ₹0.200 0.294%
3 Dec 22, 2020 Dec 22, 2020 Dec 22, 2020 ₹2.00 4.18%
4 May 09, 2019 Sep 20, 2019 Oct 30, 2019 ₹2.00 3.12%
5 May 09, 2018 Sep 19, 2018 Oct 29, 2018 ₹3.50 4.16%
6 May 09, 2017 Sep 20, 2017 Oct 29, 2017 ₹3.00 1.74%
7 May 26, 2016 Sep 21, 2016 Oct 30, 2016 ₹3.00 2.70%
8 May 28, 2015 Sep 23, 2015 Oct 29, 2015 ₹3.00 4.08%
9 May 29, 2014 Sep 18, 2014 Oct 25, 2014 ₹3.00 1.95%
10 May 28, 2013 Sep 16, 2013 Oct 27, 2013 ₹3.00 2.87%

Dividend Sustainability

The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.

Sustainability score

Low (47.11%)

Growth potential

Stable (10.00%)

FAQ

What factors can affect the amount of GMDCLTD.NS's dividend payments?
The amount of GMDCLTD.NS's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in GMDCLTD.NS sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from GMDCLTD.NS stock be automatically reinvested?
If GMDCLTD.NS offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy GMDCLTD.NS stock.

How often does GMDCLTD.NS pay dividend?
Gujarat Mineral Development Corporation Limited (GMDCLTD.NS) used to pay dividends yearly. The most recent payout was on Sep 22, 2022.

How much does GMDCLTD.NS pays per share?
The last recorder (Sep 22, 2022) dividend per share was ₹4.30.

What is GMDCLTD.NS dividend growth rate?
Over the last year, Gujarat Mineral Development Corporation Limited has witnessed growth rate of 0% . Looking back over the past 3 years, this growth rate has been 178.06%. Furthermore, examining the past 5 years, Gujarat Mineral Development Corporation Limited has maintained an average Dividends Per Share Growth Rate of 16.54%.
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About Gujarat Mineral Development Corporation Limited

Gujarat Mineral Development  Limited Gujarat Mineral Development Corporation Limited engages in mining business in India. It operates in two segments, Mining and Power. The company explores for lignite, bauxite, fluorspar, manganese, silica sand, limestone, bentonite, and ball clay. It also generates power using thermal, wind, and solar sources. The company was incorporated in 1963 and is based in Ahmedabad, India.... GMDCLTD.NS Profile

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