Has Polycab India declared dividend?
Yes, Polycab India Ltd has declared a 300% dividend, amounting to ₹30 per share, with an ex-date of July 9, 2024. While recent total returns have been negative, the company has shown substantial growth over longer periods.
Polycab India Ltd has declared a 300% dividend.Dividend Details:
- Percentage announced: 300%
- Amount per share: 30
- Ex-date: 09 Jul 24
Dividend Yield: 0.5%.
Total Returns by Period:
In the last 6 months, the price return was -17.03%, the dividend return was 0%, resulting in a total return of -17.03%.
Over the past year, the price return was -11.45%, with a dividend return of 0.43%, leading to a total return of -11.02%.
In the 2-year period, the price return was 68.97%, the dividend return was 0.85%, culminating in a total return of 69.82%.
For the 3-year period, the price return was 147.55%, the dividend return was 1.41%, resulting in a total return of 148.96%.
In the last 4 years, the price return was 254.92%, with a dividend return of 2.77%, giving a total return of 257.69%.
Over the past 5 years, the price return was 685.45%, the dividend return was 6.42%, leading to a total return of 691.87%.
Overall, Polycab India has declared a significant dividend, but the recent total returns over shorter periods have been negative, indicating volatility in the stock's performance. However, the longer-term returns show substantial growth, suggesting a positive trend over time.
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