Andhra Paper Ltd Dividend 2024 : Should Andhra Paper Ltd be a part of your dividend portfolio?
Andhra Paper Ltd is one of the most popular Basic Materials company in the world with a market capitalisation of ₹1,922.68Cr. Its share price is ₹96.91 as on 21 December,2024.The dividend is a percentage of earnings paid out to shareholders. Last year, Andhra Paper Ltd gave ₹10 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Basic Materials stocks do not always pay a dividend but as Andhra Paper Ltd pays dividends to reward its shareholders.
In the quarter ending March 2024, Andhra Paper Ltd has declared dividend of ₹10 - translating a dividend yield of 10.32%.
Let's look at Andhra Paper Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Andhra Paper Ltd’s revenue were ₹462.61Cr in the quarter ending September 2024. The revenuefell by -8.1% year on year basis since last quarter.
Andhra Paper Ltd’s profits were ₹41.72Cr in the quarter ending September 2024. The profits fell by -58.41% year on year basis since last quarter.
Andhra Paper Ltd’s dividend was ₹10 in the quarter ending March 2024.
Andhra Paper Ltd Dividend related ratios:
Last dividend date: 14/05/2024
Current Dividend Yield: 10.32%
Annual dividend payment: ₹10
History of Andhra Paper Ltd's Dividend payments
Ex/EFF DATE
TYPE
CASH AMOUNT
DECLARATION DATE
RECORD DATE
05/08/2024
CASH
₹10
14/05/2024
05/08/2024
04/08/2023
CASH
₹12.50
08/05/2023
04/08/2023
04/08/2022
CASH
₹7.50
05/05/2022
05/08/2022
29/07/2021
CASH
₹5
11/05/2021
30/07/2021
Andhra Paper Ltd Dividend v/s Andhra Paper Ltd Share price
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