Has Sutlej Textiles declared dividend?
Yes, Sutlej Textiles has declared a 100% dividend (₹1 per share) with an ex-date of August 18, 2023. Despite this, the company has faced significant negative price returns in recent periods, although total returns have improved over the last five years.
Sutlej Textiles and Industries Ltd has declared a 100% dividend.Dividend Details:
- Percentage announced: 100%
- Amount per share: 1
- Ex-date: 18 Aug 23
Dividend Yield: 0%
Total Returns by Period:
In the last 6 months, the price return was -40.65%, the dividend return was 0%, resulting in a total return of -40.65%.
Over the past year, the price return was -24.95%, with a dividend return of 0%, leading to a total return of -24.95%.
In the 2-year period, the price return was -16.21%, the dividend return was 2.10%, culminating in a total return of -14.11%.
For the 3-year period, the price return stood at -40.93%, with a dividend return of 4.88%, resulting in a total return of -36.05%.
In the 4-year timeframe, the price return was -32.95%, the dividend return was 5.04%, leading to a total return of -27.91%.
Finally, over the last 5 years, the price return was 53.96%, with a dividend return of 14.29%, resulting in a total return of 68.25%.
Overall, while Sutlej Textiles has declared a dividend, the company has experienced significant negative price returns in the shorter periods. However, there is a notable recovery in total returns over the longer 5-year period, indicating potential for future growth despite recent challenges.
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