Andhra Petrochemicals Ltd announces Dividend in the Commodities sector, showing strong prospects in Commodity Chemicals
3.81%
Div. Yield
26.8%
Payout Rat.
Andhra Petrochemicals Ltd, operating in the Commodities sector, has declared its latest dividend. The company announced an Dividend of ₹2.00 per share for the year 2024. Shareholders should note that the ex-dividend date is June 27, 2024, meaning investors must own the shares before this date to qualify for the dividend. The current share price is ₹115.85.
Earlier in 2023, Andhra Petrochemicals Ltd issued a Final Dividend of ₹1.50 per share. The company’s dividend payout ratio of 26.80% reflects the proportion of profits allocated as dividends. The dividend yield, currently at 3.81%, represents the return on investment relative to the share price.
Dividend Yield History
| Year | Yield |
|---|---|
| 2024 | 1.73% |
| 2023 | 2.30% |
| 2022 | 1.46% |
| 2021 | 0.98% |
Dividend Payment History
| Ex-Div Date | Amount | Type | Share Price |
|---|---|---|---|
| June 27, 2024 | ₹2.00 | Dividend | ₹115.85 |
| July 24, 2023 | ₹1.50 | Final Dividend | ₹65.28 |
| September 11, 2022 | ₹1.50 | Final Dividend | ₹106.2 |
| February 24, 2022 | ₹1.50 | Interim Dividend | ₹102.9 |
| September 15, 2021 | ₹1.50 | Dividend | ₹153.05 |
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 Petrochemicals Ltd has declared dividend worth ₹2.00
Andhra Petrochemicals Ltd has declared dividend on June 27, 2024
As of February 17, 2025, the dividend yield for Andhra Petrochemicals Ltd is 3.81%
The most recent dividend payment for Andhra Petrochemicals Ltd was ₹2.00 per share.
The current dividend payout ratio for Andhra Petrochemicals Ltd is 26.80%
