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ASHAPURMIN

Ashapura Minechem Ltd

₹299.85

Ashapura Minechem Ltd Dividend 2023 : Should Ashapura Minechem Ltd be a part of your dividend portfolio?

Ashapura Minechem Ltd is one of the most popular Basic Materials company in the world with a market capitalisation of ₹2,815.48Cr. Its share price is ₹299.85 as on 27 September,2023.

The dividend is a percentage of earnings paid out to shareholders. Last year, Ashapura Minechem Ltd gave ₹1 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 Ashapura Minechem Ltd pays dividends to reward its shareholders.
  • In the quarter ending March 2022, Ashapura Minechem Ltd has declared dividend of ₹0.50 - translating a dividend yield of 0.33%.

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

  • Ashapura Minechem Ltd’s revenue were ₹1,050.16Cr in the quarter ending June 2023. The revenue grew by 151.07% year on year basis since last quarter.
  • Ashapura Minechem Ltd’s profits were ₹102.81Cr in the quarter ending June 2023. The profits grew by 162.2% year on year basis since last quarter.
  • Ashapura Minechem Ltd’s dividend was ₹0.50 in the quarter ending March 2022.

Ashapura Minechem Ltd Dividend related ratios:

  • Last dividend date: 28/05/2022
  • Current Dividend Yield: 0.33%
  • Annual dividend payment: ₹1

Ashapura Minechem Ltd Dividend v/s Ashapura Minechem Ltd Share price

History of Ashapura Minechem Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATE
21/09/2022
CASH
₹0.50
28/05/2022
22/09/2022
21/09/2021
CASH
₹0.50
22/06/2021
22/09/2021
15/09/2008
CASH
₹1.60
01/07/2008
17/09/2008
07/09/2007
CASH
₹3
15/06/2007
11/09/2007
31/08/2005
CASH
₹0
05/05/2006
02/09/2005

FAQs

Ashapura Minechem Ltd current market price is ₹299.85 per share

Ashapura Minechem Ltd has declared dividend worth ₹0.50 in the latest quarter.

Ashapura Minechem Ltd has declared dividend on 28/05/2022 of ₹0.50.

Ashapura Minechem Ltd has declared dividend 1 times of ₹0.50 in the previous financial year (FY2022-2023)