Has MM Forgings declared dividend?
Yes, MM Forgings Ltd. has declared an 80% dividend, amounting to ₹8 per share, with an ex-date of June 14, 2024. While recent total returns have been negative, longer-term performance shows significant growth potential.
MM Forgings Ltd. has declared a dividend.Dividend Details:
- Percentage announced: 80%
- Amount per share: 8
- Ex-date: 14 Jun 24
Dividend Yield: 1.08%.
Total Returns by Period:
In the last 6 months, the price return was -29.89%, with a dividend return of 0%, resulting in a total return of -29.89%.
Over the past year, the price return was -34.66%, with a dividend return of 1.32%, leading to a total return of -33.34%.
In the 2-year period, the price return was -11.13%, while the dividend return was 1.83%, culminating in a total return of -9.3%.
For the 3-year period, the price return was -13.87%, with a dividend return of 3.44%, resulting in a total return of -10.43%.
In the last 4 years, the price return was 47.65%, accompanied by a dividend return of 7.25%, yielding a total return of 54.9%.
Over the 5-year period, the price return was 330.58%, with a dividend return of 27.00%, leading to a total return of 357.58%.
Overall, MM Forgings has declared a substantial dividend, but the total returns over various periods show significant volatility, particularly in the short term, with negative returns in the recent past. However, the longer-term returns indicate a strong recovery and growth potential.
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