Has Nilkamal Ltd declared dividend?
Yes, Nilkamal Ltd has declared a 200% dividend, amounting to ₹20 per share, with an ex-date of July 12, 2024. Despite the dividend declaration, the company has experienced negative total returns over the short to medium term, though it shows a positive return over the five-year period.
Nilkamal Ltd has declared a 200% dividend.Dividend Details:
- Percentage announced: 200%
- Amount per share: 20
- Ex-date: 12 Jul 24
Dividend Yield: 1.16%.
Total Returns by Period:
In the last 6 months, the price return was -9.16%, with a dividend return of 0%, resulting in a total return of -9.16%.
Over the past year, the price return was -6.84%, with a dividend return of 1.04%, leading to a total return of -5.8%.
In the 2-year period, the price return was -23.02%, the dividend return was 1.67%, culminating in a total return of -21.35%.
For the 3-year period, the price return was -9.35%, the dividend return was 3.23%, resulting in a total return of -6.12%.
In the last 4 years, the price return was -25.9%, with a dividend return of 2.95%, leading to a total return of -22.95%.
Over the 5-year period, the price return was 65.26%, the dividend return was 6.14%, resulting in a total return of 71.4%.
Overall, while Nilkamal Ltd has declared a significant dividend, the total returns over various periods show a mix of negative returns in the short to medium term, with a positive return over the long term of five years. This suggests that while dividends are being paid, the stock has experienced volatility and challenges in the shorter time frames.
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