Has Diamond Power declared dividend?
Diamond Power Infrastructure Ltd has declared a 10% dividend, amounting to ₹1 per share, but the dividend yield is 0%. Despite this, the stock has shown significant price returns over various periods, particularly in the long term.
Diamond Power Infrastructure Ltd has declared a 10% dividend.Dividend Details:
- Percentage announced: 10%
- Amount per share: 1
- Ex-date: 26 Sep 13
Dividend Yield: 0%
Total Returns by Period:
In the 6-month period, the price return was -41.85%, the dividend return was 0%, resulting in a total return of -41.85%.
For the 1-year period, the price return was 23.22%, the dividend return was 0%, leading to a total return of 23.22%.
Over the 2-year period, the price return was 0%, the dividend return was 0%, which resulted in a total return of 0.0%.
In the 3-year period, the price return was 58063.84%, with a dividend return of 0%, culminating in a total return of 58063.84%.
For the 4-year period, the price return was 104951.02%, the dividend return was 0%, resulting in a total return of 104951.02%.
In the 5-year period, the price return was 183739.29%, with a dividend return of 0%, leading to a total return of 183739.29%.
Overall, while Diamond Power has declared a dividend, the dividend yield remains at 0%, indicating that the dividend has not contributed to returns in recent periods. The significant price returns over the longer periods suggest strong performance in the stock price despite the lack of dividend impact.
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