Breaking news: Gujarat Mineral Development Corporation Ltd declares a Dividend for investors in 2025
3.63%
Div. Yield
49.2%
Payout Rat.
Gujarat Mineral Development Corporation Ltd, a company in the Industrial Minerals industry, has declared an Dividend of ₹10.10 per share for the year 2025. Shareholders must own the shares before September 17, 2025, the announced ex-dividend date, to qualify for the payout. The stock is currently trading at ₹514.35.
Previously, Gujarat Mineral Development Corporation Ltd issued a Dividend of ₹9.55 per share in 2024. The dividend payout ratio of 49.20% reflects the proportion of earnings distributed as dividends. Gujarat Mineral Development Corporation Ltd's dividend yield of 3.63% represents the return shareholders receive relative to the stock price.
Dividend Yield History
| Year | Yield |
|---|---|
| 2025 | 1.96% |
| 2024 | 2.58% |
| 2023 | 4.04% |
| 2022 | 2.83% |
| 2021 | 0.29% |
| 2020 | 4.09% |
Dividend Payment History
| Ex-Div Date | Amount | Type | Share Price |
|---|---|---|---|
| September 17, 2025 | ₹10.10 | Dividend | ₹514.35 |
| September 19, 2024 | ₹9.55 | Dividend | ₹370.45 |
| September 21, 2023 | ₹11.45 | Dividend | ₹283.35 |
| September 21, 2022 | ₹4.30 | Dividend | ₹151.7 |
| November 16, 2021 | ₹0.20 | Final Dividend | ₹68.75 |
| December 21, 2020 | ₹2.00 | Dividend | ₹48.95 |
Dividend Stars
| Stock Name | Median Yield | Current Yield |
|---|---|---|
 Oracle Financial Services Software Ltd NSE: OFSS | 5.41% | 4.03% |
 Indian Oil Corporation Ltd NSE: IOC | 3.81% | 4.84% |
 Cesc Ltd NSE: CESC | 3.08% | 3.93% |
 Gail India Ltd NSE: GAIL | 3.02% | 5.25% |
 Bajaj Auto Ltd NSE: BAJAJ-AUTO | 2.97% | 2.32% |
FAQs
Gujarat Mineral Development Corporation Ltd has declared dividend worth ₹10.10
Gujarat Mineral Development Corporation Ltd has declared dividend on September 17, 2025
As of September 11, 2025, the dividend yield for Gujarat Mineral Development Corporation Ltd is 3.63%
The most recent dividend payment for Gujarat Mineral Development Corporation Ltd was ₹10.10 per share.
The current dividend payout ratio for Gujarat Mineral Development Corporation Ltd is 49.20%
