Andhra Paper Ltd announces Final Dividend in the undefined sector, showing strong prospects in undefined
2.55%
Div. Yield
11.71%
Payout Rat.
Andhra Paper Ltd, operating in the undefined sector, has declared its latest dividend. The company announced an Final Dividend of ₹12.50 per share for the year 2023. Shareholders should note that the ex-dividend date is August 3, 2023, meaning investors must own the shares before this date to qualify for the dividend. The current share price is ₹421.05.
Earlier in 2022, Andhra Paper Ltd issued a Final Dividend of ₹7.50 per share. The company’s dividend payout ratio of 11.71% reflects the proportion of profits allocated as dividends. The dividend yield, currently at 2.55%, represents the return on investment relative to the share price.
Dividend Yield History
| Year | Yield |
|---|---|
| 2023 | 2.97% |
| 2022 | 1.95% |
| 2021 | 1.93% |
Dividend Payment History
| Ex-Div Date | Amount | Type | Share Price |
|---|---|---|---|
| August 3, 2023 | ₹12.50 | Final Dividend | ₹421.05 |
| August 3, 2022 | ₹7.50 | Final Dividend | ₹384.85 |
| July 28, 2021 | ₹5.00 | Final Dividend | ₹259.05 |
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
Andhra Paper Ltd has declared dividend worth ₹12.50
Andhra Paper Ltd has declared dividend on August 3, 2023
As of February 17, 2025, the dividend yield for Andhra Paper Ltd is 2.55%
The most recent dividend payment for Andhra Paper Ltd was ₹12.50 per share.
The current dividend payout ratio for Andhra Paper Ltd is 11.71%
