Has Finolex Cables declared dividend?
Finolex Cables Ltd. has declared a 400% dividend, amounting to ₹8 per share, with an ex-date of September 17, 2024. While recent total returns have been negative, longer-term performance shows significant growth potential.
Finolex Cables Ltd. has declared a 400% dividend.Dividend Details:
- Percentage announced: 400%
- Amount per share: 8
- Ex-date: 17 Sep 24
Dividend Yield: 0.83%.
Total Returns by Period:
In the last 6 months, the price return was -27.64%, with no dividend return, resulting in a total return of -27.64%.
Over the past year, the price return was -36.33%, with a dividend return of 0.51%, leading to a total return of -35.82%.
In the 2-year period, the price return was 24.4%, with a dividend return of 1.75%, culminating in a total return of 26.15%.
For the 3-year period, the price return was 147.92%, alongside a dividend return of 5.90%, resulting in a total return of 153.82%.
In the last 4 years, the price return was 101.64%, with a dividend return of 5.06%, leading to a total return of 106.7%.
Over the 5-year period, the price return was 265.78%, with a dividend return of 11.00%, resulting in a total return of 276.78%.
Overall, while Finolex Cables has declared a significant dividend, the recent total returns over shorter periods have been negative, indicating challenges in the company's stock performance. However, longer-term returns show substantial growth, suggesting potential for recovery and value creation over time.
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