Has Mangalam Cement declared dividend?
Yes, Mangalam Cement Ltd has declared a 15% dividend, amounting to ₹1.5 per share, with an ex-date of July 19, 2024. Despite recent short-term volatility, the company has shown strong total returns over the longer term.
Mangalam Cement Ltd has declared a 15% dividend.Dividend Details:
- Percentage announced: 15%
- Amount per share: 1.5
- Ex-date: 19 Jul 24
Dividend Yield: 0.19%.
Total Returns by Period:
In the last 6 months, the price return was -12.63%, with a dividend return of 0%, resulting in a total return of -12.63%.
Over the past year, the price return was -7.74%, the dividend return was 0.17%, leading to a total return of -7.57%.
In the 2-year period, the price return was 139.0%, with a dividend return of 0.90%, culminating in a total return of 139.9%.
For the 3-year period, the price return was 158.68%, the dividend return was 1.75%, resulting in a total return of 160.43%.
In the last 4 years, the price return was 162.89%, with a dividend return of 1.84%, leading to a total return of 164.73%.
Over the 5-year period, the price return was 336.86%, with a dividend return of 3.68%, resulting in a total return of 340.54%.
Overall, Mangalam Cement has declared a dividend, and while recent returns have shown some volatility, particularly in the short term, the long-term performance appears strong with significant total returns over the 2, 3, 4, and 5-year periods.
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