In 2022, Sambandam Spinning Mills Ltd rolls out Dividend for enhanced investor returns
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Div. Yield
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Payout Rat.
Sambandam Spinning Mills Ltd has announced an Dividend of ₹5.00 per share for the year 2022. Shareholders must own shares before September 14, 2022 to be eligible for this dividend. The current share price stands at ₹196.90.
The company previously paid a Dividend of ₹4.00 per share in 2021. The company’s dividend payout ratio is 0.00%, indicating the percentage of profits returned to shareholders. The dividend yield of 0.00% provides a measure of the return relative to the stock price.
Dividend Yield History
| Year | Yield |
|---|---|
| 2022 | 2.54% |
| 2021 | 1.79% |
Dividend Payment History
| Ex-Div Date | Amount | Type | Share Price |
|---|---|---|---|
| September 14, 2022 | ₹5.00 | Dividend | ₹196.9 |
| September 15, 2021 | ₹4.00 | Dividend | ₹223.75 |
Dividend Stars
| Stock Name | Median Yield | Current Yield |
|---|---|---|
 Oracle Financial Services Software Ltd NSE: OFSS | 5.41% | 4.03% |
 Indian Oil Corporation Ltd NSE: IOC | 3.81% | 4.84% |
 Cesc Ltd NSE: CESC | 3.08% | 3.93% |
 Gail India Ltd NSE: GAIL | 3.02% | 5.25% |
 Bajaj Auto Ltd NSE: BAJAJ-AUTO | 2.97% | 2.32% |
FAQs
Sambandam Spinning Mills Ltd has declared dividend worth ₹5.00
Sambandam Spinning Mills Ltd has declared dividend on September 14, 2022
As of February 17, 2025, the dividend yield for Sambandam Spinning Mills Ltd is 0.00%
The most recent dividend payment for Sambandam Spinning Mills Ltd was ₹5.00 per share.
The current dividend payout ratio for Sambandam Spinning Mills Ltd is 0.00%
