GMM Pfaudler Limited (NSE:GMMPFAUDLR)’s Could Be A Buy For Its Upcoming Dividend
Some investors rely on dividends for growing their wealth, and if you’re one of those dividend sleuths, you might be intrigued to know that GMM Pfaudler Limited (NSE:GMMPFAUDLR) is about to go ex-dividend in just 3 days. You will need to purchase shares before the 15th of November to receive the dividend, which will be paid on the 3rd of December.
GMM Pfaudler’s upcoming dividend is ₹1.0 a share, following on from the last 12 months, when the company distributed a total of ₹4.5 per share to shareholders. Calculating the last year’s worth of payments shows that GMM Pfaudler has a trailing yield of 0.3% on the current share price of ₹1450.6. Dividends are a major contributor to investment returns for long term holders, but only if the dividend continues to be paid. We need to see whethe ...