GAIL has declared an equity dividend of 25% amounting to Rs 2.5/- per share. At the current share price of Rs 138.50 this results in a dividend yield of 4.62%. GAIL informed the exchanges on 15 January 2021 that the company’s Board of Directors has declared the dividend for FY 2021.
This is the interim dividend declaration for the financial year ended 20-21.
The board has approved payment of interim dividend of Rs 2.5/- per equity share of Rs 10/- each fully paid up.
The record date for the purpose of determining the entitlement of the equity shareholders for the said dividend, has being fixed as Thursday, 28th January, 2021.
Read More:- GAIL Buyback Detail
GAIL Dividend Percentage & Record Date
| GAIL Dividend Type | Interim |
| GAIL Dividend Price | Rs. 2.5/- |
| GAIL Dividend Announcement Date | 15-01-2021 |
| GAIL Dividend Ex-Dividend Date | 27-01-2021 |
| GAIL Dividend Record Date | 28-01-2021 |
| GAIL Dividend (%) | 25% |
| GAIL Dividend Payment Date | 14-02-2021 |
| GAIL Quarterly Result | Q3 |
| Face Value (FV): | Rs. 10 |
| Financial year | 2020-21 |
| Board Meeting held on | 15-01-2021 |
GAIL Dividend Important Dates
| GAIL Dividend Price | Rs. 2.5/- |
| GAIL Dividend Record Date | 28 Jan 2021 |
| GAIL Dividend Payment Date | 14 Feb 2021 |
GAIL Dividend History
You can view Announcement Date, Effective Date, Dividend Type (Interim, Final and Special), and Percentage of Dividend given information for GAIL Interim Dividend:
• Declared interim dividend of Rs. 2.5/- per equity share of face value of Rs. 10/- each for the financial year 2020-21.
• The Company has fixed 28th January 2021 as the “Record Date” for the purpose of payment of Interim Dividend on Equity Shares for the Financial Year 2020-21, if declared by the Board’. The Interim Dividend shall be paid to the Members on 14 Feb 2021.
| Announcement Date | Effective Date | Dividend Type | Dividend (%) | Remarks |
|---|---|---|---|---|
| 28-01-2020 | 17-02-2020 | Interim | 64.00 | Rs.6.4000 per share(64%)Interim Dividend |
| 27-05-2019 | 08-08-2019 | Final | 8.85 | Rs.0.8850 per share(8.85%)Final Dividend (Post Bonus), ((Final Dividend @ 17.70percentage (Rs.1.77 per share) (Pre Bonus)) |
| 21-01-2019 | 12-02-2019 | Interim | 62.50 | Rs.6.2500 per share(62.5%)Interim Dividend |
| 24-05-2018 | 30-08-2018 | Final | 14.40 | Rs.1.4400 per share(14.4%)Final Dividend |
| 05-01-2018 | 18-01-2018 | Interim | 76.50 | Rs.7.6500 per share(76.5%)Interim Dividend |
| 23-05-2017 | 31-08-2017 | Final | 27.00 | Rs.2.7000 per share(27%)Final Dividend |
| 23-01-2017 | 02-02-2017 | Interim | 85.00 | Rs.8.5000 per share(85%)Interim Dividend. |
| 25-05-2016 | 08-09-2016 | Final | 30.00 | Rs.3.0000 per share(30%)Final Dividend |
| 02-02-2016 | 16-02-2016 | Interim | 25.00 | Rs.2.5000 per share(25%)Interim Dividend |
| 27-05-2015 | 27-08-2015 | Final | 30.00 | Rs.3.0000 per share(30%)Final Dividend |
| 18-02-2015 | 02-03-2015 | Interim | 30.00 | Rs.3.0000 per share(30%)Interim Dividend |
| 26-05-2014 | 27-08-2014 | Final | 59.00 | Rs.5.9000 per share(59%)Final Dividend |
| 29-01-2014 | 10-02-2014 | Interim | 45.00 | Rs.4.5000 per share(45%)Interim Dividend |
| 28-05-2013 | 05-09-2013 | Final | 56.00 | Rs.5.6000 per share(56%)Final Dividend |
| 01-02-2013 | 18-02-2013 | Interim | 40.00 | Rs.4.0000 per share(40%)Interim Dividend |
| 30-05-2012 | 16-08-2012 | Final | 57.00 | Rs.5.70 per share(57%)Final Dividend |
| 18-01-2012 | 25-01-2012 | Interim | 30.00 | - |
| 23-05-2011 | 17-08-2011 | Final | 55.00 | - |
| 23-11-2010 | 27-12-2010 | Interim | 20.00 | (Record date revised from 15/12/2010 to 28/12/2010) |
| 17-05-2010 | 02-09-2010 | Final | 55.00 | - |
| 15-12-2009 | 24-12-2009 | Interim | 20.00 | - |
| 12-06-2009 | 20-08-2009 | Final | 30.00 | - |
| 12-01-2009 | 30-01-2009 | Interim | 40.00 | - |
| 13-05-2008 | 21-08-2008 | Final | 60.00 | - |
| 27-11-2007 | 19-12-2007 | Interim | 40.00 | - |
| 09-05-2007 | 16-08-2007 | Final | 20.00 | - |
| 22-02-2007 | 09-03-2007 | Interim | 25.00 | - |
| 07-12-2006 | 27-12-2006 | Interim | 55.00 | - |
| 28-04-2006 | 28-07-2006 | Final | 20.00 | - |
| 25-01-2006 | 20-02-2006 | Interim | 20.00 | Special Interim Dividend |
| 29-12-2005 | 16-01-2006 | Interim | 60.00 | - |
| 22-06-2005 | 14-09-2005 | Final | 40.00 | AGM |
| 13-12-2004 | 27-12-2004 | Interim | 40.00 | - |
| 30-08-2004 | 13-09-2004 | Final | 40.00 | - |
| 24-12-2003 | 13-01-2004 | Interim | 40.00 | - |
| 21-06-2003 | 12-09-2003 | Final | 40.00 | - |
| 02-01-2003 | 29-01-2003 | Interim | 30.00 | - |
| 06-06-2002 | 11-09-2002 | Final | 45.00 | AGM |
| 23-06-2001 | 03-09-2001 | Final | 40.00 | AGM |
About Gail
The Company was incorporated on 16th of August. The Gas Authority of India Ltd. (GAIL), one of India’s leading Public Sector Enterprises, is the largest gas transmission and marketing company in the Country. The Company, possessing a well developed and efficient infrastructure, was established as a wholly owned Company of the Government of India in August, 1984 with 100% equity held by the Government of India and, within a short time, it has grown into one of the ‘Navratna’ enterprises and is ranked among the top ten companies in India. The various activities of the Company range from Gas marketing and distribution through trunk and regional systems, to retailing of Natural Gas to Gas processing for production and marketing of LPG, liquid hydrocarbons and Petrochemicals.
The equity pattern in the Company has also changed and the Government today holds about 67% of the equity in the Company.
GAIL has formed Subsidiaries and Joint Venture companies for City Gas Distribution and Petrochemicals. GAIL is one of the pioneers to introduce City Gas Projects in India for gas supplies to households, commercial users and for the transport sector by forming Subsidiaries/ Joint Venture Companies.
How To Check Eligibility for GAIL Dividend?
To determine whether you should get a dividend, you need to look at two important dates. They are the “record date” or “date of record” and the “ex-dividend date” or “ex-date.”
When a company declares a dividend, it sets a record date when you must be on the company’s books as a shareholder to receive the dividend.
Once the company sets the record date, the ex-dividend date is set based on stock exchange rules. The ex-dividend date for stocks is usually set one business day before the record date.
If you purchase a stock on its ex-dividend date or after, you will not receive the next dividend payment. Instead, the seller gets the dividend. If you purchase before the ex-dividend date, you get the dividend.
GAIL Dividend FAQs
What is GAIL dividend price?
Company declared Final dividend of Rs.2.5/- per equity share of face value of Rs.10/- each for the financial year 2020-21.
What is Record date for GAIL dividend?
The GAIL dividend record date is Thursday, 28th Jan 2021.
What is GAIL dividend payment Date?
GAIL dividend payout date will be 14th Feb 2021.
