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 ₹417.67Cr. Its share price is ₹12 as on 7 December,2024.The dividend is a percentage of earnings paid out to shareholders. Last year, Axita Cotton Ltd gave ₹0.20 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 2024, Axita Cotton Ltd has declared dividend of ₹0.10 - translating a dividend yield of 1.67%.
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 dividend was ₹0.10 in the quarter ending March 2024.