TNPL
Tamil Nadu Newsprint & Papers Ltd
₹217.99
Tamil Nadu Newsprint & Papers Ltd Dividend 2024 : Should Tamil Nadu Newsprint & Papers Ltd be a part of your dividend portfolio?
Tamil Nadu Newsprint & Papers Ltd is one of the most popular Basic Materials company in the world with a market capitalisation of ₹1,511.55Cr. Its share price is ₹217.99 as on 8 September,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Tamil Nadu Newsprint & Papers Ltd gave ₹8 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 Tamil Nadu Newsprint & Papers Ltd pays dividends to reward its shareholders.
- In the quarter ending December 2023, Tamil Nadu Newsprint & Papers Ltd has declared dividend of ₹3 - translating a dividend yield of 3.67%.
Let's look at Tamil Nadu Newsprint & Papers Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Tamil Nadu Newsprint & Papers Ltd’s revenue were ₹1,129.85Cr in the quarter ending June 2024. The revenuefell by -11.29% year on year basis since last quarter.
- Tamil Nadu Newsprint & Papers Ltd’s profits were ₹21.91Cr in the quarter ending June 2024. The profits fell by -82.97% year on year basis since last quarter.
- Tamil Nadu Newsprint & Papers Ltd’s dividend was ₹3 in the quarter ending December 2023.
Tamil Nadu Newsprint & Papers Ltd Dividend related ratios:
- Last dividend date: 01/02/2024
- Current Dividend Yield: 3.67%
- Annual dividend payment: ₹8
History of Tamil Nadu Newsprint & Papers Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
13/02/2024 | CASH | ₹3 | 01/02/2024 | 13/02/2024 |
18/09/2023 | CASH | ₹5 | 23/05/2023 | 19/09/2023 |
13/09/2022 | CASH | ₹4 | 18/05/2022 | 15/09/2022 |
14/09/2021 | CASH | ₹3 | 25/06/2021 | 16/09/2021 |
09/09/2020 | CASH | ₹6 | 30/06/2020 | 11/09/2020 |
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