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 DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
19/09/2022 | CASH | ₹0.50 | 25/04/2022 | 20/09/2022 |
