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530043

Acknit Industries Ltd

₹312.10

Acknit Industries Ltd Dividend 2024 : Should Acknit Industries Ltd be a part of your dividend portfolio?

Acknit Industries Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹95.61Cr. Its share price is ₹312.10 as on 10 October,2024.

The dividend is a percentage of earnings paid out to shareholders. Last year, Acknit Industries Ltd gave ₹1.50 for the full year, but should it be a part of your investments that give good dividends?

Key Highlights

  • Consumer Cyclical stocks do not always pay a dividend but as Acknit Industries Ltd pays dividends to reward its shareholders.
  • In the quarter ending March 2024, Acknit Industries Ltd has declared dividend of ₹1.50 - translating a dividend yield of 0.48%.

Let's look at Acknit Industries Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:

  • Acknit Industries Ltd’s revenue were ₹57.30Cr in the quarter ending June 2024. The revenue grew by 14.65% year on year basis since last quarter.
  • Acknit Industries Ltd’s profits were ₹1.98Cr in the quarter ending June 2024. The profits grew by 26.92% year on year basis since last quarter.
  • Acknit Industries Ltd’s dividend was ₹1.50 in the quarter ending March 2024.

Acknit Industries Ltd Dividend related ratios:

  • Last dividend date: 22/05/2024
  • Current Dividend Yield: 0.48%
  • Annual dividend payment: ₹1.50

History of Acknit Industries Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATE
11/09/2024
CASH
₹1.50
22/05/2024
11/09/2024
20/07/2023
CASH
₹1.50
17/05/2023
20/07/2023
22/09/2022
CASH
₹1.50
28/05/2022
23/09/2022
16/09/2021
CASH
₹1.50
30/06/2021
18/09/2021
17/09/2020
CASH
₹1.50
27/06/2020
21/09/2020
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Acknit Industries Ltd Dividend v/s Acknit Industries Ltd Share price

FAQs

Acknit Industries Ltd current market price is ₹312.10 per share

Acknit Industries Ltd has declared dividend worth ₹1.50 in the last year.

Acknit Industries Ltd has declared dividend worth ₹1.50 in the latest quarter.

Acknit Industries Ltd has declared dividend on 22/05/2024 of ₹1.50.

Acknit Industries Ltd has declared dividend 1 times of ₹1.50 in the current financial year (FY2024-2025)

Acknit Industries Ltd has declared dividend 1 times of ₹1.50 in the previous financial year (FY2023-2024)