AMBIKCO
Ambika Cotton Mills Ltd
₹1,550.25
Ambika Cotton Mills Ltd Dividend 2024 : Should Ambika Cotton Mills Ltd be a part of your dividend portfolio?
Ambika Cotton Mills Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹885.31Cr. Its share price is ₹1,550.25 as on 1 May,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Ambika Cotton Mills Ltd gave ₹70 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 Ambika Cotton Mills Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2023, Ambika Cotton Mills Ltd has declared dividend of ₹35 - translating a dividend yield of 4.52%.
Let's look at Ambika Cotton Mills Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Ambika Cotton Mills Ltd’s revenue were ₹200.17Cr in the quarter ending December 2023. The revenue grew by 4.2% year on year basis since last quarter.
- Ambika Cotton Mills Ltd’s profits were ₹13.02Cr in the quarter ending December 2023. The profits fell by -51.45% year on year basis since last quarter.
- Ambika Cotton Mills Ltd’s dividend was ₹35 in the quarter ending March 2023.
Ambika Cotton Mills Ltd Dividend related ratios:
- Last dividend date: 26/05/2023
- Current Dividend Yield: 4.52%
- Annual dividend payment: ₹70
History of Ambika Cotton Mills Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
22/09/2023 | CASH | ₹35 | 26/05/2023 | 23/09/2023 |
21/09/2022 | CASH | ₹35 | 28/05/2022 | 22/09/2022 |
21/09/2021 | CASH | ₹35 | 10/06/2021 | 22/09/2021 |
21/09/2020 | CASH | ₹15 | 27/06/2020 | 23/09/2020 |
19/09/2019 | CASH | ₹30 | 28/05/2019 | 21/09/2019 |
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