Has Grindwell Norton declared dividend?
Yes, Grindwell Norton Ltd. has declared a dividend of 340% (₹17 per share) with an ex-date of July 9, 2024. Despite this, the company has shown mixed total returns, particularly negative in the short term, while experiencing significant growth over the longer term.
Grindwell Norton Ltd. has declared a dividend.Dividend Details:
- Percentage announced: 340%
- Amount per share: 17
- Ex-date: 09 Jul 24
Dividend Yield: 0.92%
Total Returns by Period:
In the last 6 months, the price return was -14.53%, with no dividend return, resulting in a total return of -14.53%.
Over the past year, the price return was -27.01%, with no dividend return, leading to a total return of -27.01%.
In the 2-year period, the price return was -9.73%, with no dividend return, resulting in a total return of -9.73%.
For the 3-year period, the price return was 7.4%, with no dividend return, leading to a total return of 7.4%.
In the last 4 years, the price return was 53.58%, with no dividend return, resulting in a total return of 53.58%.
Over the past 5 years, the price return was 259.26%, with no dividend return, leading to a total return of 259.26%.
Overall, while Grindwell Norton has declared a significant dividend, the total returns over various periods show mixed performance, particularly with negative returns in the shorter terms and strong growth over the longer term. The absence of dividend returns in those periods suggests that the company's recent performance has been primarily driven by price changes rather than dividend income.
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