AKSHAR
Akshar Spintex Ltd
₹2.45
Akshar Spintex Ltd Dividend 2024 : Should Akshar Spintex Ltd be a part of your dividend portfolio?
Akshar Spintex Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹73.50Cr. Its share price is ₹2.45 as on 3 May,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Akshar Spintex Ltd gave ₹0.01 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 Akshar Spintex Ltd pays dividends to reward its shareholders.
- In the quarter ending September 2023, Akshar Spintex Ltd has declared dividend of ₹0.01 - translating a dividend yield of 0.41%.
Let's look at Akshar Spintex Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Akshar Spintex Ltd’s revenue were ₹45.32Cr in the quarter ending December 2023. The revenue grew by 42.61% year on year basis since last quarter.
- Akshar Spintex Ltd’s profits were ₹0.70Cr in the quarter ending December 2023. The profits grew by 48.94% year on year basis since last quarter.
- Akshar Spintex Ltd’s dividend was ₹0.01 in the quarter ending September 2023.
Akshar Spintex Ltd Dividend related ratios:
- Last dividend date: 22/12/2023
- Current Dividend Yield: 0.41%
- Annual dividend payment: ₹0.01
History of Akshar Spintex Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
04/01/2024 | CASH | ₹0.01 | 22/12/2023 | 04/01/2024 |
