Has Deepak Spinners declared dividend?

Jun 06 2025 03:08 PM IST
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Yes, Deepak Spinners Ltd. has declared a 5% dividend, amounting to ₹0.5 per share, with an ex-date of August 23, 2024. Despite the dividend declaration, recent total returns show significant price declines over shorter periods, while longer-term performance has been more favorable.
Deepak Spinners Ltd. has declared a 5% dividend.

Dividend Details:
- Percentage announced: 5%
- Amount per share: 0.5
- Ex-date: 23 Aug 24

Dividend Yield: 0.34%.

Total Returns by Period:
In the last 6 months, the price return was -22.17%, the dividend return was 0%, resulting in a total return of -22.17%.

Over the past year, the price return was -30.25%, the dividend return was 0.24%, leading to a total return of -30.01%.

In the 2-year period, the price return was -38.54%, with a dividend return of 1.24%, culminating in a total return of -37.3%.

For the 3-year period, the price return was -40.29%, the dividend return was 1.39%, resulting in a total return of -38.9%.

In the last 4 years, the price return was 1.1%, the dividend return was 3.33%, giving a total return of 4.43%.

Finally, over the past 5 years, the price return was 126.54%, the dividend return was 11.67%, resulting in a total return of 138.21%.

Overall, while Deepak Spinners has declared a dividend, the recent total returns indicate significant declines in price over shorter periods, with a more favorable performance over the longer term. The dividend yield remains modest, reflecting the company's current financial dynamics.
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