530043
Acknit Industries Ltd
₹269
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 ₹76.02Cr. Its share price is ₹269 as on 29 April,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Acknit Industries Ltd gave ₹3 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 2023, Acknit Industries Ltd has declared dividend of ₹1.50 - translating a dividend yield of 1.12%.
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 ₹46.36Cr in the quarter ending December 2023. The revenuefell by -3.22% year on year basis since last quarter.
- Acknit Industries Ltd’s profits were ₹2Cr in the quarter ending December 2023. The profits fell by -13.04% year on year basis since last quarter.
- Acknit Industries Ltd’s dividend was ₹1.50 in the quarter ending March 2023.
Acknit Industries Ltd Dividend related ratios:
- Last dividend date: 17/05/2023
- Current Dividend Yield: 1.12%
- Annual dividend payment: ₹3
History of Acknit Industries Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
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 |
16/09/2019 | CASH | ₹1.50 | 29/05/2019 | 18/09/2019 |
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