Has Laxmi Organic declared dividend?

Jun 06 2025 03:33 PM IST
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Laxmi Organic Industries Ltd has declared a 30% dividend, amounting to ₹0.6 per share, with an ex-date of July 19, 2024. Despite this dividend declaration, the company's total returns over various periods have shown significant negative performance.
Laxmi Organic Industries Ltd has declared a 30% dividend.

Dividend Details:
- Percentage announced: 30%
- Amount per share: 0.6
- Ex-date: Jul-19-2024

Dividend Yield: 0.29%

Total Returns by Period:
Over the past 6 months, the price return has been -23.99%, with a dividend return of 0%, resulting in a total return of -23.99%.

In the last year, the price return was -14.55%, the dividend return was 0.24%, leading to a total return of -14.31%.

Over a 2-year period, the price return stood at -25.02%, with a dividend return of 0.41%, culminating in a total return of -24.61%.

For the 3-year period, the price return was -42.52%, while the dividend return was 0.61%, resulting in a total return of -41.91%.

In the 4-year timeframe, the price return was -7.67%, with a dividend return of 1.04%, leading to a total return of -6.63%.

Over the last 5 years, the price return was 0%, and the dividend return was 0%, resulting in a total return of 0.0%.

Overall, while Laxmi Organic has declared a dividend, the total returns over various periods indicate significant negative performance, particularly in the longer term, suggesting challenges in the company's stock performance despite the dividend declaration.
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