GAIL Share Dividend 2023: Firm broadcasts 40% dividend- try quantity and file date

GAIL Share Dividend 2023: GAIL, a public sector enterprise, has introduced dividend cost for its shareholders. The corporate authorized paying a dividend of 40 per cent to its shareholders. That is the third company motion by the corporate within the present fiscal.

GAIL Dividend Quantity 2023

GAIL in an alternate submitting mentioned that it’s going to pay an interim dividend of Rs 4 for every share having a face worth of Rs 10 every.

“The Board of Administrators of the Firm in its 454th assembly held immediately i.e.thirteenth March, 2023 has, inter-alia, authorized the cost of Interim Dividend for the FY 2022-23 @ 40% (Rs. 4.00/- per fairness share) on the paid-up fairness share capital of the Firm,” the submitting mentioned. 

GAIL Dividend Document date 2023

The New Delhi headquartered petroleum firm has mounted the file date for the cost of interim dividend. A file date determines the shareholders eligible to profit from company motion comparable to a dividend payout.

“For the aim of cost of Interim Dividend, in that case authorized by the Board, the “Document Date” can be Tuesday, twenty first March, 2023,” the submitting mentioned.

GAIL Dividend Yield Historical past

GAIL Share Value NSE

Shares of Gail on Monday ended at Rs 110.6, down by 0.41 per cent on NSE. GAIL shares have yielded a constructive return of over 9 per cent prior to now yr. At present market ranges, GAIL has a market cap of Rs 72.59 thousand crores.

How To Calculate Dividend Yield

To calculate dividend yield,one must divide the annual dividends paid per share by the value per share. 

For example, if an organization paid out round Rs 500 in dividends per share and its shares at the moment commerce at Rs 10,000, its dividend yield could be 5 per cent.

Additionally Learn- What is Social Stock Exchange? Know how it will function and its objective

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