Has Star Paper Mills declared dividend?
Yes, Star Paper Mills Ltd. has declared a 40% dividend, amounting to ₹4 per share, with an ex-date of September 17, 2024. While recent returns have been negative, the company has shown positive total returns over longer periods, particularly a 94.79% total return over the past 5 years.
Star Paper Mills Ltd. has declared a 40% dividend.Dividend Details:
- Percentage announced: 40%
- Amount per share: 4
- Ex-date: 17 Sep 24
Dividend Yield: 2.29%.
Total Returns by Period:
In the last 6 months, the price return was -23.88%, with a dividend return of 0%, resulting in a total return of -23.88%.
Over the past year, the price return was -19.67%, the dividend return was 1.73%, leading to a total return of -17.94%.
In the 2-year period, the price return was 0.46%, while the dividend return was 3.14%, culminating in a total return of 3.6%.
For the 3-year period, the price return was 8.09%, the dividend return was 6.52%, resulting in a total return of 14.61%.
In the last 4 years, the price return was 23.62%, with a dividend return of 8.10%, leading to a total return of 31.72%.
Over the past 5 years, the price return was 81.67%, while the dividend return was 13.12%, resulting in a total return of 94.79%.
Overall, Star Paper Mills has declared a significant dividend, and while the recent returns have been negative, the longer-term performance shows positive total returns, particularly over the 5-year period.
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