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521097

Amarjothi Spinning Mills Ltd

₹187.55

Amarjothi Spinning Mills Ltd Dividend 2024 : Should Amarjothi Spinning Mills Ltd be a part of your dividend portfolio?

Amarjothi Spinning Mills Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹126.60Cr. Its share price is ₹187.55 as on 21 June,2024.

The dividend is a percentage of earnings paid out to shareholders. Last year, Amarjothi Spinning Mills Ltd gave ₹4.40 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 Amarjothi Spinning Mills Ltd pays dividends to reward its shareholders.
  • In the quarter ending March 2023, Amarjothi Spinning Mills Ltd has declared dividend of ₹2.20 - translating a dividend yield of 2.35%.

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

  • Amarjothi Spinning Mills Ltd’s revenue were ₹81.50Cr in the quarter ending March 2024. The revenue grew by 36.54% year on year basis since last quarter.
  • Amarjothi Spinning Mills Ltd’s profits were ₹4.52Cr in the quarter ending March 2024. The profits grew by 14.14% year on year basis since last quarter.
  • Amarjothi Spinning Mills Ltd’s dividend was ₹2.20 in the quarter ending March 2023.

Amarjothi Spinning Mills Ltd Dividend related ratios:

  • Last dividend date: 29/05/2023
  • Current Dividend Yield: 2.35%
  • Annual dividend payment: ₹4.40

Amarjothi Spinning Mills Ltd Dividend v/s Amarjothi Spinning Mills Ltd Share price

History of Amarjothi Spinning Mills Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATE
20/09/2023
CASH
₹2.20
29/05/2023
20/09/2023
21/09/2022
CASH
₹2.20
30/05/2022
23/09/2022
15/09/2021
CASH
₹2.10
30/06/2021
16/09/2021
18/09/2020
CASH
₹2
29/06/2020
22/09/2020
20/09/2019
CASH
₹2
30/05/2019
24/09/2019
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FAQs

Amarjothi Spinning Mills Ltd current market price is ₹187.55 per share

Amarjothi Spinning Mills Ltd has declared dividend worth ₹2.20 in the latest quarter.

Amarjothi Spinning Mills Ltd has declared dividend on 29/05/2023 of ₹2.20.

Amarjothi Spinning Mills Ltd has declared dividend 1 times of ₹2.20 in the previous financial year (FY2023-2024)