530621
Akar Auto Industries Ltd
₹116
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 ₹122.71Cr. Its share price is ₹116 as on 3 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 0.43%.
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: 0.43%
- Annual dividend payment: ₹0.50
History of Akar Auto Industries Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD 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 |
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