As of today (2024-04-26), the Trailing Annual Dividend Yield of Gujarat Gas is 1.22%.
The historical rank and industry rank for Gujarat Gas's Dividend Yield % or its related term are showing as below:
BOM:539336'
s Dividend Yield % Range Over the Past 10 Years
Min: 0.17 Med: 0.45 Max: 1.63
Current: 1.22
During the past 13 years, the highest Dividend Yield of Gujarat Gas was 1.63%. The lowest was 0.17%. And the median was 0.45%.
BOM:539336's Dividend Yield % is ranked worse than 88.37% of 430
companies
in the Utilities - Regulated industry
Industry Median: 3.915
vs BOM:539336: 1.22
During the past 12 months, Gujarat Gas's average Dividends Per Share Growth Rate was 232.50% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 26.00% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 29.30% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Gujarat Gas was 35.70% per year. The lowest was -7.20% per year. And the median was 26.00% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Gujarat Gas Dividend Yield % Historical Data
The historical data trend for Gujarat Gas's Dividend Yield % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Gujarat Gas's Dividend Yield %
For the Utilities - Regulated Gas subindustry, Gujarat Gas's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Gujarat Gas's Dividend Yield % Distribution in the Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Gujarat Gas's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Gujarat Gas's Dividend Yield % falls into.
Gujarat Gas Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Gujarat Gas Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
INR 6.650
2023-09-11
2023-09-11
2023-10-26
Cash Dividend
annually
INR:INR 1.000000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
Gujarat Gas's Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
6.65
/
543.40
=
1.22 %
Current Share Price is ₹543.40. Gujarat Gas's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹6.65.
Gujarat Gas's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
6.65
/
543.40
=
1.22 %
Current Share Price is ₹543.40. Gujarat Gas's Dividends per Share for the forward twelve months is calculated as ₹6.65 * 1 = ₹6.65.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Gujarat Gas (BOM:539336) Dividend Yield % Explanation
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
Thank you for viewing the detailed overview of Gujarat Gas's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Gujarat Gas Ltd is an India based gas distribution company. Its activities include sale, purchase, supply, distribution, transport, trading in Natural Gas, Compressed natural gas, Liquefied natural gas, Liquefied petroleum gas and other gaseous forms. The company transports the gas through pipelines, trucks, trains or other suitable mode for transportation. It operates in the segment of the natural gas business. All the business activities of the company are carried out in India.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
BOM:539336 has been successfully added to your 