Akar Auto Industries Ltd logo

530621

Akar Auto Industries Ltd

₹120

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

Akar Auto Industries Ltd is one of the most popular Basic Materials company in the world with a market capitalisation of ₹127.41Cr. Its share price is ₹120 as on 23 May,2024.

The dividend is a percentage of earnings paid out to shareholders. Last year, Akar Auto Industries Ltd gave ₹0.50 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 Akar Auto Industries Ltd pays dividends to reward its shareholders.
  • In the quarter ending June 2023, Akar Auto Industries Ltd has declared dividend of ₹0.50 - translating a dividend yield of 0.42%.

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

  • Akar Auto Industries Ltd’s revenue were ₹93.70Cr in the quarter ending December 2023. The revenuefell by -0.79% year on year basis since last quarter.
  • Akar Auto Industries Ltd’s profits were ₹1.92Cr in the quarter ending December 2023. The profits grew by 20% year on year basis since last quarter.
  • Akar Auto Industries Ltd’s dividend was ₹0.50 in the quarter ending June 2023.

Akar Auto Industries Ltd Dividend related ratios:

  • Last dividend date: 14/08/2023
  • Current Dividend Yield: 0.42%
  • Annual dividend payment: ₹0.50

Akar Auto Industries Ltd Dividend v/s Akar Auto Industries Ltd Share price

History of Akar Auto Industries Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATE
14/09/2023
CASH
₹0.50
14/08/2023
15/09/2023
16/09/2022
CASH
₹0.25
11/08/2022
17/09/2022
12/09/2019
CASH
₹0.55
29/05/2019
14/09/2019
19/09/2018
CASH
₹0.55
30/05/2018
21/09/2018
14/09/2017
CASH
₹1.10
31/05/2017
16/09/2017
View More

FAQs

Akar Auto Industries Ltd current market price is ₹120 per share

Akar Auto Industries Ltd has declared dividend worth ₹0.50 in the last year.

Akar Auto Industries Ltd has declared dividend worth ₹0.50 in the latest quarter.

Akar Auto Industries Ltd has declared dividend on 14/08/2023 of ₹0.50.

Akar Auto Industries Ltd has declared dividend 1 times of ₹0.50 in the previous financial year (FY2023-2024)