Has Majestic Auto declared dividend?
Majestic Auto Ltd has declared a 50% dividend, amounting to ₹5 per share, with an ex-date of February 14, 2025. While recent short-term returns have been negative, the company has shown strong total returns over longer periods, with a total return of 308.55% over the past five years.
Majestic Auto Ltd has declared a 50% dividend.Dividend Details:
- Percentage announced: 50%
- Amount per share: 5
- Ex-date: 14 Feb 25
Dividend Yield: 1.65%.
Total Returns by Period:
Over the 6-month period, the price return was -27.5%, the dividend return was 1.19%, resulting in a total return of -26.31%.
In the 1-year period, the price return was -10.17%, the dividend return was 1.44%, leading to a total return of -8.73%.
For the 2-year period, the price return was 104.7%, the dividend return was 14.00%, which combined for a total return of 118.7%.
During the 3-year period, the price return was 145.9%, the dividend return was 21.78%, culminating in a total return of 167.68%.
In the 4-year period, the price return was 138.83%, the dividend return was 25.90%, resulting in a total return of 164.73%.
Over the 5-year period, the price return was 268.78%, the dividend return was 39.77%, leading to a total return of 308.55%.
Overall, Majestic Auto Ltd has declared a significant dividend while also showing a mixed performance in total returns across different periods, with strong returns over the longer term despite recent declines in shorter periods.
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