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AXITA

Axita Cotton Ltd

₹26.85

Axita Cotton Ltd Dividend 2023 : 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 ₹536.02Cr. Its share price is ₹26.85 as on 25 September,2023.

The dividend is a percentage of earnings paid out to shareholders. Last year, Axita Cotton Ltd gave ₹0.50 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 March 2022, Axita Cotton Ltd has declared dividend of ₹0.50 - translating a dividend yield of 1.86%.

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 ₹228.89Cr in the quarter ending June 2023. The revenue grew by 11.32% year on year basis since last quarter.
  • Axita Cotton Ltd’s profits were ₹5.75Cr in the quarter ending June 2023. The profits grew by 29.21% year on year basis since last quarter.
  • Axita Cotton Ltd’s dividend was ₹0.50 in the quarter ending March 2022.

Axita Cotton Ltd Dividend related ratios:

  • Last dividend date: 25/04/2022
  • Current Dividend Yield: 1.86%
  • Annual dividend payment: ₹0.50

History of Axita Cotton Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATE
19/09/2022
CASH
₹0.50
25/04/2022
20/09/2022

FAQs

Axita Cotton Ltd current market price is ₹26.85 per share

Axita Cotton Ltd has declared dividend worth ₹0.50 in the latest quarter.

Axita Cotton Ltd has declared dividend on 25/04/2022 of ₹0.50.

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