Has Solar Industries declared dividend?
Yes, Solar Industries India Ltd has declared a dividend of 425% (₹8.5 per share) with an ex-date of July 4, 2024. Despite a low dividend yield of 0.05%, the company has shown strong price appreciation, with total returns of up to 1691.47% over the past five years.
Yes, Solar Industries India Ltd has declared a dividend.Dividend Details:
- Percentage announced: 425%
- Amount per share: 8.5
- Ex-date: Jul-04-2024
Dividend Yield: 0.05%.
Total Returns by Period:
In the last 6 months, the price return was 52.55%, with a dividend return of 0%, resulting in a total return of 52.55%.
Over the past year, the price return was 80.69%, with a dividend return of 0.09%, leading to a total return of 80.78%.
In the 2-year period, the price return reached 328.92%, while the dividend return was 0.22%, culminating in a total return of 329.14%.
For the 3-year period, the price return was 490.47%, with a dividend return of 0.60%, resulting in a total return of 491.07%.
Over the last 4 years, the price return was 961.14%, and the dividend return was 1.90%, giving a total return of 963.04%.
In the 5-year span, the price return was 1687.83%, with a dividend return of 3.64%, leading to a total return of 1691.47%.
Overall, Solar Industries has declared a significant dividend, and while the dividend yield is relatively low, the total returns over various periods indicate strong price appreciation, reflecting a positive performance trend for the company.
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