GAIL Dividend History 2024 : The stocks of Gas Authority of India Limited, a company involved in the business of natural gas, are listed on BSE and NSE of India. In this article we will discuss on dividend history of GAIL. All the details are given below like ex-date, record date, last 10 or 5 years history, etc.
Brief Information about GAIL
GAIL, formerly known as the Gas Authority of India Ltd, is an Indian state-owned energy corporation, headquartered in New Delhi, Delhi. Its primary interests lie in the trade, transmission, and production distribution of natural gas. The company was incorporated on August 16, 1984, and is classified as a Government of India company. It operates as a natural gas transmission company in India and internationally, specifically managing the HVJ Gas Pipeline. Additionally, This Company is involved in Natural Gas Marketing, Petrochemicals, LPG, and Other Liquid Hydrocarbons segments. Notably, on February 1, 2013, the Indian government granted GAIL the prestigious Maharatna status, along with 11 other Public Sector Undertakings (PSUs).
Dividend history of GAIL (India) Ltd.
- Since, 3 September 2001, Gas Authority of India Ltd has announced 47 dividends.
- Over the last 12 months, the company has declared an equity dividend of ₹5.50 per share.
- In the last year (2023), GAIL declared dividends once, totaling ₹4 per share. This corresponds to a dividend yield of 3.64%, calculated based on the average share price on the dividend dates (₹109.8).
- And, it has declared dividend 1 times for the last financial year (1st Apr, 2023 – 31st Mar 2024), amounting to total of ₹5.5 per share.
GAIL Dividend History Last 10 years
Here is the dividend history list of Gas Authority of India Limited are given in the table. You can view the details of company’s past 10 years.
| Ex-Date | Record Date | Dividend | Dividend Type |
|---|---|---|---|
| 06 Feb 2024 | 06 Feb 2024 | ₹5.50 | INTERIM |
| 21 Mar 2023 | 21 Mar 2023 | ₹4.00 | INTERIM |
| 01 Aug 2022 | 02 Aug 2022 | ₹1.00 | FINAL |
| 21 Mar 2022 | 22 Mar 2022 | ₹5.00 | INTERIM |
| 30 Dec 2021 | 31 Dec 2021 | ₹4.00 | INTERIM |
| 22 Mar 2021 | 23 Mar 2021 | ₹2.50 | INTERIM |
| 27 Jan 2021 | 28 Jan 2021 | ₹2.50 | INTERIM |
| 17 Feb 2020 | 18 Feb 2020 | ₹6.40 | FINAL |
| 08 Aug 2019 | – | ₹0.88 | FINAL |
| 12 Feb 2019 | 13 Feb 2019 | ₹6.25 | INTERIM |
| 30 Aug 2018 | – | ₹1.44 | FINAL |
| 18 Jan 2018 | 20 Jan 2018 | ₹7.65 | INTERIM |
| 31 Aug 2017 | – | ₹2.70 | FINAL |
| 02 Feb 2017 | 03 Feb 2017 | ₹8.50 | INTERIM |
| 08 Sep 2016 | – | ₹3.00 | FINAL |
| 16 Feb 2016 | 17 Feb 2016 | ₹2.50 | INTERIM |
| 27 Aug 2015 | – | ₹3.00 | FINAL |
| 02 Mar 2015 | 03 Mar 2015 | ₹3.00 | INTERIM |
| 10 Feb 2015 | 11 Feb 2015 | ₹0.00 | INTERIM |
| 27 Aug 2014 | – | ₹5.90 | FINAL |
| 10 Feb 2014 | 11 Feb 2014 | ₹4.50 | INTERIM |
| 05 Sep 2013 | – | ₹5.60 | FINAL |
| 18 Feb 2013 | 20 Feb 2013 | ₹4.00 | INTERIM |
| 16 Aug 2012 | – | ₹5.70 | FINAL |
| 25 Jan 2012 | 28 Jan 2012 | ₹3.00 | INTERIM |
| 17 Aug 2011 | – | ₹5.50 | FINAL |
| 27 Dec 2010 | 28 Dec 2010 | ₹2.00 | INTERIM |
| 02 Sep 2010 | – | ₹5.50 | FINAL |
| 24 Dec 2009 | 29 Dec 2009 | ₹2.00 | INTERIM |
| 20 Aug 2009 | – | ₹3.00 | FINAL |
| 30 Jan 2009 | 02 Jan 2009 | ₹4.00 | INTERIM |
| 21 Aug 2008 | – | ₹6.00 | FINAL |
| 19 Dec 2007 | 22 Dec 2007 | ₹4.00 | INTERIM |
| 16 Aug 2007 | – | ₹2.00 | FINAL |
| 09 Mar 2007 | 12 Mar 2007 | ₹2.50 | INTERIM |
| 27 Dec 2006 | 28 Dec 2006 | ₹5.50 | INTERIM |
| 28 Jul 2006 | – | ₹2.00 | FINAL |
| 20 Feb 2006 | 21 Feb 2006 | ₹2.00 | INTERIM |
| 16 Jan 2006 | 17 Jan 2006 | ₹6.00 | INTERIM |
| 14 Sep 2005 | – | ₹4.00 | FINAL |
| 27 Dec 2004 | 28 Dec 2004 | ₹4.00 | INTERIM |
| 13 Sep 2004 | – | ₹4.00 | FINAL |
| 13 Jan 2004 | 14 Jan 2004 | ₹4.00 | INTERIM |
| 12 Sep 2003 | – | ₹4.00 | FINAL |
| 29 Jan 2003 | 01 Feb 2003 | ₹3.00 | INTERIM |
| 11 Sep 2002 | – | ₹0.00 | FINAL |
| 03 Sep 2001 | – | ₹0.00 | FINAL |
Also read – ONGC Dividend History Last 10 years, 2024 Record date, Ex-date & Bonuses
GAIL Bonus History
Since, 6 October 2008, Gas Authority of India Limited has given 5 bonuses. The last Bonus that company has announced was in the ratio 1:2 with ex-date of 6 September 2022.
| Ex-Bonus Date | Record Date | Bonus Ratio |
|---|---|---|
| 06 Sep 2022 | 07 Sep 2022 | 1:2 |
| 09 Jul 2019 | 10 Jul 2019 | 1:1 |
| 27 Mar 2018 | 29 Mar 2018 | 1:3 |
| 09 Mar 2017 | 11 Mar 2017 | 1:3 |
| 06 Oct 2008 | 07 Oct 2008 | 1:2 |
Merit and Demerits of Gas Authority of India Ltd.
Every company has some strengths and weaknesses in market aspects. In present, this company (GAIL) also has its own set of pros and cons..
- The company has been maintaining a healthy dividend payout of 43.8% and currently there is no demerit (according to screener.in)
Also read
FAQs on GAIL Dividend History
1- Why is the dividend history of a company important ?
Answer : A company’s dividend history is an essential indicator for investors, showcasing its consistent profitability and commitment to rewarding shareholders.
2- Is Gas Authority of India Limited giving dividends in 2024 ?
Answer : In this year (2024), GAIL has declared dividend 1 times (on 06 Feb 2024), amounting to total of ₹ 5.5 per share.
3- Does GAIL pay dividends regularly ?
Answer : The company has a good dividend track report and has consistently declared dividends for the last 5 years.
Disclaimer : All the information on this website is for educational purposes only, not for trading or advice. The data given here may also differ from the real-time and accuracy. We highly recommend to do your own research before making any investment.
