GPT Infraprojects Ltd., a leading infrastructure company in India, has declared a dividend of INR 1.5 per share for the quarter ended March 2023. The dividend is payable to shareholders on record date of July 20, 2023. The payment date is August 26, 2023.
The dividend yield for GPT Infraprojects is currently 2.12%, based on the current market price of INR 71 per share. This means that for every INR 100 invested in GPT Infraprojects, investors will receive INR 2.12 in dividends.
The dividend declaration is a positive sign for GPT Infraprojects. It shows that the company is generating enough cash flow to reward its shareholders. The dividend yield is also attractive, especially compared to other infrastructure companies in India.
The dividend declaration by GPT Infraprojects is a positive development for the company and its shareholders. The dividend yield is attractive, and it shows that the company is generatingenough cash flow to reward its investors.
