AUTOAXLES
Automotive Axles Ltd
₹1,908.20
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 ₹2,982.34Cr. Its share price is ₹1,908.20 as on 8 May,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 2.46%.
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 ₹545.61Cr in the quarter ending December 2023. The revenuefell by -16.97% year on year basis since last quarter.
- Automotive Axles Ltd’s profits were ₹39.15Cr in the quarter ending December 2023. The profits fell by -22.75% 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: 2.46%
- Annual dividend payment: ₹47
History of Automotive Axles Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD 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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