GAID Stock Price, Chart, Stats & News
GAIL (India) Limited (GAID) is a dividend-paying stock with a current dividend yield of 4.92% as of Jun 28, 2019. It pays £0.3983 per share over the trailing twelve months. Its dividend has grown at a 10.68% 5-year compound annual rate.
Dividend safety
Dividend coverage looks healthy — GAID pays out about 0% of earnings.
GAID chart
About
GAIL (India) Limited is an Indian state-owned enterprise primarily involved in the processing and distribution of natural gas, with the Government of India holding a majority ownership stake. Its principal business functions include the commercialization and transportation of both natural gas and various liquefied petroleum gases (LPGs). The company has organized its operations into several distinct segments: Natural Gas Transmission; LPG Transmission; Natural Gas Trading/Marketing; Petrochemicals; LPG and Other Liquid Hydrocarbon; and a broader 'City Gas and Other Segments' category, which encompasses activities such as GAILTEL, Exploration & Production (E&P), Power Generation, and City Gas Distribution.
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