Gujarat Mineral Development Dividends and Buybacks
Dividend criteria checks 4/6
Gujarat Mineral Development is a dividend paying company with a current yield of 2.77% that is well covered by earnings.
Key information
2.8%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 1.8% |
| Dividend Growth | -2.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹9.550 |
| Payout ratio | 49% |
Recent dividend and buyback updates
Gujarat Mineral Development (NSE:GMDCLTD) Will Pay A Smaller Dividend Than Last Year
Sep 06
Gujarat Mineral Development (NSE:GMDCLTD) Has Announced That It Will Be Increasing Its Dividend To ₹11.45
Sep 12Recent updates
Slowing Rates Of Return At Gujarat Mineral Development (NSE:GMDCLTD) Leave Little Room For Excitement
Oct 04Gujarat Mineral Development (NSE:GMDCLTD) Will Pay A Smaller Dividend Than Last Year
Sep 06Why Investors Shouldn't Be Surprised By Gujarat Mineral Development Corporation Limited's (NSE:GMDCLTD) Low P/E
Jul 12Insufficient Growth At Gujarat Mineral Development Corporation Limited (NSE:GMDCLTD) Hampers Share Price
Apr 11Gujarat Mineral Development (NSE:GMDCLTD) Is Experiencing Growth In Returns On Capital
Mar 13Does Gujarat Mineral Development (NSE:GMDCLTD) Deserve A Spot On Your Watchlist?
Dec 21We Like These Underlying Return On Capital Trends At Gujarat Mineral Development (NSE:GMDCLTD)
Nov 29Gujarat Mineral Development (NSE:GMDCLTD) Has Announced That It Will Be Increasing Its Dividend To ₹11.45
Sep 12There's Been No Shortage Of Growth Recently For Gujarat Mineral Development's (NSE:GMDCLTD) Returns On Capital
Aug 08Gujarat Mineral Development (NSE:GMDCLTD) Is Doing The Right Things To Multiply Its Share Price
Jan 28Investors Will Want Gujarat Mineral Development's (NSE:GMDCLTD) Growth In ROCE To Persist
Jul 23Gujarat Mineral Development (NSE:GMDCLTD) Will Be Hoping To Turn Its Returns On Capital Around
Apr 01Do Investors Have Good Reason To Be Wary Of Gujarat Mineral Development Corporation Limited's (NSE:GMDCLTD) 3.3% Dividend Yield?
Mar 08How Much Did Gujarat Mineral Development's(NSE:GMDCLTD) Shareholders Earn From Share Price Movements Over The Last Three Years?
Feb 10What Kind Of Shareholders Hold The Majority In Gujarat Mineral Development Corporation Limited's (NSE:GMDCLTD) Shares?
Jan 06Should You Buy Gujarat Mineral Development Corporation Limited (NSE:GMDCLTD) For Its 4.3% Dividend?
Dec 01If You Had Bought Gujarat Mineral Development's (NSE:GMDCLTD) Shares Three Years Ago You Would Be Down 75%
Oct 27What You Need To Know About Gujarat Mineral Development Corporation Limited's (NSE:GMDCLTD) Investor Composition
Sep 22
Should Gujarat Mineral Development Corporation Limited (NSE:GMDCLTD) Be Part Of Your Income Portfolio?
Aug 18Gujarat Mineral Development Corporation Limited's (NSE:GMDCLTD) Sentiment Matching Earnings
Jul 28Would Shareholders Who Purchased Gujarat Mineral Development's(NSE:GMDCLTD) Stock Three Years Be Happy With The Share price Today?
Jul 07Stability and Growth of Payments
Fetching dividends data
Stable Dividend: GMDCLTD's dividend payments have been volatile in the past 10 years.
Growing Dividend: GMDCLTD's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Gujarat Mineral Development Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (GMDCLTD) | 2.8% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Oil and Gas) | 2.6% |
| Analyst forecast (GMDCLTD) (up to 3 years) | 1.8% |
Notable Dividend: GMDCLTD's dividend (2.77%) is higher than the bottom 25% of dividend payers in the Indian market (0.24%).
High Dividend: GMDCLTD's dividend (2.77%) is in the top 25% of dividend payers in the Indian market (1.12%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (49.2%), GMDCLTD's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: GMDCLTD is paying a dividend but the company has no free cash flows.