521097
Amarjothi Spinning Mills Ltd
₹182.05
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 ₹122.82Cr. Its share price is ₹182.05 as on 23 April,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 2.42%.
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 ₹34.70Cr in the quarter ending December 2023. The revenue grew by 7.93% year on year basis since last quarter.
- Amarjothi Spinning Mills Ltd’s profits were ₹2.51Cr in the quarter ending December 2023. The profits grew by 71.92% 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: 2.42%
- Annual dividend payment: ₹4.40
History of Amarjothi Spinning Mills Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD 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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