Has 3M India declared dividend?
Yes, 3M India Ltd. has declared a dividend of 1600% (₹525 per share) with an ex-date of July 5, 2024. While recent total returns have been negative, longer-term returns over 3 to 5 years show positive growth.
3M India Ltd. has declared a dividend.Dividend Details:
- Percentage announced: 1600%
- Amount per share: 525
- Ex-date: 05 Jul 2024
Dividend Yield: 2.31%.
Total Returns by Period:
In the 6-month period, the price return was -7.14%, with no dividend return, resulting in a total return of -7.14%.
For the 1-year period, the price return was -13.33%, the dividend return was 1.47%, leading to a total return of -11.86%.
Over the 2-year period, the price return was 7.21%, with a dividend return of 2.25%, resulting in a total return of 9.46%.
In the 3-year period, the price return was 41.41%, with a dividend return of 7.48%, culminating in a total return of 48.89%.
For the 4-year period, the price return was 12.66%, the dividend return was 5.95%, yielding a total return of 18.61%.
Finally, in the 5-year period, the price return was 63.36%, with a dividend return of 7.90%, giving a total return of 71.26%.
Overall, 3M India has declared a significant dividend, and while the recent total returns over shorter periods have been negative, longer-term returns show a positive trend, particularly in the 3 to 5-year periods.
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