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AUTOAXLES

Automotive Axles Ltd

₹2,017.50

Automotive Axles Ltd Dividend 2024 : Should Automotive Axles Ltd be a part of your dividend portfolio?

Automotive Axles Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹3,048.29Cr. Its share price is ₹2,017.50 as on 15 June,2024.

The dividend is a percentage of earnings paid out to shareholders. Last year, Automotive Axles Ltd gave ₹47 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 Automotive Axles Ltd pays dividends to reward its shareholders.
  • In the quarter ending March 2023, Automotive Axles Ltd has declared dividend of ₹32 - translating a dividend yield of 2.33%.

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

  • Automotive Axles Ltd’s revenue were ₹576.88Cr in the quarter ending March 2024. The revenuefell by -16.91% year on year basis since last quarter.
  • Automotive Axles Ltd’s profits were ₹44.10Cr in the quarter ending March 2024. The profits fell by -13.21% year on year basis since last quarter.
  • Automotive Axles Ltd’s dividend was ₹32 in the quarter ending March 2023.

Automotive Axles Ltd Dividend related ratios:

  • Last dividend date: 16/05/2023
  • Current Dividend Yield: 2.33%
  • Annual dividend payment: ₹47

Automotive Axles Ltd Dividend v/s Automotive Axles Ltd Share price

History of Automotive Axles Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATE
27/07/2023
CASH
₹32
16/05/2023
27/07/2023
28/07/2022
CASH
₹15
17/05/2022
30/07/2022
03/08/2021
CASH
₹4.50
14/05/2021
05/08/2021
12/08/2020
CASH
₹0.80
26/05/2020
14/08/2020
13/03/2020
CASH
₹6
02/03/2020
16/03/2020
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FAQs

Automotive Axles Ltd current market price is ₹2,017.50 per share

Automotive Axles Ltd has declared dividend worth ₹32 in the latest quarter.

Automotive Axles Ltd has declared dividend on 16/05/2023 of ₹32.

Automotive Axles Ltd has declared dividend 1 times of ₹32 in the previous financial year (FY2023-2024)