AXITA
Axita Cotton Ltd
₹23
Axita Cotton Ltd Dividend 2024 : Should Axita Cotton Ltd be a part of your dividend portfolio?
Axita Cotton Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹604.98Cr. Its share price is ₹23 as on 3 May,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Axita Cotton Ltd gave ₹0.10 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 Axita Cotton Ltd pays dividends to reward its shareholders.
- In the quarter ending September 2023, Axita Cotton Ltd has declared dividend of ₹0.10 - translating a dividend yield of 0.43%.
Let's look at Axita Cotton Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Axita Cotton Ltd’s revenue were ₹221.31Cr in the quarter ending March 2024. The revenue grew by 80.54% year on year basis since last quarter.
- Axita Cotton Ltd’s profits were ₹4.95Cr in the quarter ending March 2024. The profits fell by -11.61% year on year basis since last quarter.
- Axita Cotton Ltd’s dividend was ₹0.10 in the quarter ending September 2023.
Axita Cotton Ltd Dividend related ratios:
- Last dividend date: 03/11/2023
- Current Dividend Yield: 0.43%
- Annual dividend payment: ₹0.10
History of Axita Cotton Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
17/11/2023 | CASH | ₹0.10 | 03/11/2023 | 17/11/2023 |
19/09/2022 | CASH | ₹0.50 | 25/04/2022 | 20/09/2022 |
