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TNPL

Tamil Nadu Newsprint & Papers Ltd

₹265.85

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 ₹1,840.99Cr. Its share price is ₹265.85 as on 25 May,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 3.01%.

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 ₹1,250.66Cr in the quarter ending March 2024. The revenuefell by -13.15% year on year basis since last quarter.
  • Tamil Nadu Newsprint & Papers Ltd’s profits were ₹32.99Cr in the quarter ending March 2024. The profits fell by -67.92% 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: 3.01%
  • Annual dividend payment: ₹8

Tamil Nadu Newsprint & Papers Ltd Dividend v/s Tamil Nadu Newsprint & Papers Ltd Share price

History of Tamil Nadu Newsprint & Papers Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD 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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FAQs

Tamil Nadu Newsprint & Papers Ltd current market price is ₹265.85 per share

Tamil Nadu Newsprint & Papers Ltd has declared dividend worth ₹3 in the last year.

Tamil Nadu Newsprint & Papers Ltd has declared dividend worth ₹3 in the latest quarter.

Tamil Nadu Newsprint & Papers Ltd has declared dividend on 01/02/2024 of ₹3.

Tamil Nadu Newsprint & Papers Ltd has declared dividend 2 times of ₹8 in the previous financial year (FY2023-2024)