Garden Reach Shipbuilders & Engineers Stock Dividends
GRSE.NS pays dividends biannually. Last paid amount was ₹7.92 at Mar 14, 2024. As of today, dividend yield (TTM) is 1.09%.
Dividend Yield Range
AI Analysis of GRSE.NS
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 1.09% |
|---|---|
| Frequency | Biannually |
| 1Y Growth | 0% |
| Payout Ratio | 0 |
| Amount Per Share | ₹7.92 |
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Garden Reach Shipbuilders & Engineers Limited has not yet announced its next dividend date. Last payment date was: Mar 14, 2024.
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GRSE Dividend Payout History
To ensure a understanding of GRSE'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.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Feb 23, 2024 | Feb 23, 2024 | Mar 14, 2024 | ₹7.92 | 1.09% |
| 2 | Feb 20, 2023 | Feb 20, 2023 | Feb 20, 2023 | ₹5.50 | 1.23% |
| 3 | Sep 16, 2022 | Sep 16, 2022 | Sep 16, 2022 | ₹0.85 | 0.245% |
| 4 | Feb 22, 2022 | Feb 22, 2022 | Feb 22, 2022 | ₹4.95 | 2.35% |
| 5 | Sep 02, 2021 | Sep 02, 2021 | Sep 02, 2021 | ₹1.15 | 0.595% |
| 6 | Feb 17, 2021 | Feb 17, 2021 | Feb 17, 2021 | ₹3.85 | 1.88% |
| 7 | Sep 03, 2020 | Sep 03, 2020 | Sep 03, 2020 | ₹1.40 | 0.688% |
| 8 | Mar 10, 2020 | Mar 26, 2020 | Apr 18, 2020 | ₹5.74 | 3.50% |
| 9 | May 29, 2019 | Sep 12, 2019 | Sep 21, 2019 | ₹5.10 | 3.33% |
| 10 | Mar 22, 2019 | Mar 27, 2019 | Mar 29, 2019 | ₹1.85 | 1.88% |
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
Growth potential
GRSE Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from GRSE dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in GRSE stock here.
Comparing GRSE to Sector and Country
GRSE.NS pays a solid dividend yield of 1.09%, which is higher than the average of the bottom 25% of dividend payers in the IN market (0.201%). GRSE.NS’s dividend yield is lower than the average of the top 25% of dividend payers in the Industrials sector in the IN market (2.18%), which means that there are more attractive dividend stocks to consider.
