GNFC to Trade Ex-Dividend on September 2 for ₹18 Payout

Ahmedabad, September 1, 2025 – Gujarat Narmada Valley Fertilizers and Chemicals Limited (NSE: GNFC, BSE: 500670) has announced that it will go ex-dividend on September 2, 2025, for its dividend of ₹18 per equity share, with a face value of ₹10 per share.

The dividend date will be deemed as the record date. It is a fixed dividend payment to shareholders. Over the past decade, GNFC has consistently increased its dividend payout levels.

GNFC Dividend History

GNFC has delivered a strong financial performance, supported by a consistent history of dividend distributions. In 2025, the company declared a dividend of ₹18 per share, following ₹16.50 in 2024 and ₹30 in 2023. Between 2016 and 2022, its dividend yield ranged from 2% to 10%, underscoring steady shareholder returns. Notably, in 2008, GNFC issued an exceptional one-time dividend of ₹42.5 per share. In addition, the company undertook a buyback in November 2023, aligning with its long-term strategy to enhance shareholder value.

Outlook

The stable payment of dividends and the recent buyback demonstrate GNFC’s strong financial position and commitment to shareholder focus. The ₹18% dividend represents stability to the investor and good fundamentals.

Stock Market Summary

As of 12:20 pm IST, the Gujarat Narmada Valley Fertilizers and Chemicals Limited share price is trading at ₹532.20, representing an increase of ₹ 9.45 (1.81%) from the previous close of ₹522.75. The shares opened at ₹526.10, within a range of ₹533.75 to ₹524.50, as the highest and lowest prices thus far. The company’s P/E is 13.89 compared to the industry average of 7.79KCr

Gujarat Narmada Valley Fertilizers and Chemicals Ltd (GNFC), incorporated in 1976, is a joint sector enterprise promoted by the Government of Gujarat and Gujarat State Fertilizers & Chemicals. The company operates across fertilizers, chemicals, and IT services, and is listed on both the NSE and BSE with ISIN INE113A01013.

REF: https://www.nseindia.com/get-quotes/equity?symbol=GNFC

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