ASK Automotive Ltd Dividend 2024 : Should ASK Automotive Ltd be a part of your dividend portfolio?
ASK Automotive Ltd is one of the most popular Auto Ancillaries company in the world with a market capitalisation of ₹8,961.12Cr. Its share price is ₹449.25 as on 2 December,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, ASK Automotive Ltd gave ₹1 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Auto Ancillaries stocks do not always pay a dividend but as ASK Automotive Ltd pays dividends to reward its shareholders.
In the quarter ending March 2024, ASK Automotive Ltd has declared dividend of ₹1 - translating a dividend yield of 0.22%.
Let's look at ASK Automotive Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
ASK Automotive Ltd’s revenue were ₹976.91Cr in the quarter ending September 2024. The revenue grew by 21.94% year on year basis since last quarter.
ASK Automotive Ltd’s profits were ₹67.28Cr in the quarter ending September 2024. The profits grew by 63.14% year on year basis since last quarter.
ASK Automotive Ltd’s dividend was ₹1 in the quarter ending March 2024.