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523850

Axtel Industries Ltd

₹632.80

Axtel Industries Ltd Dividend 2024 : Should Axtel Industries Ltd be a part of your dividend portfolio?

Axtel Industries Ltd is one of the most popular Financial Services company in the world with a market capitalisation of ₹1,052.81Cr. Its share price is ₹632.80 as on 20 June,2024.

The dividend is a percentage of earnings paid out to shareholders. Last year, Axtel Industries Ltd gave ₹9 for the full year, but should it be a part of your investments that give good dividends?

Key Highlights

  • Financial Services stocks do not always pay a dividend but as Axtel Industries Ltd pays dividends to reward its shareholders.
  • In the quarter ending December 2023, Axtel Industries Ltd has declared dividend of ₹6 - translating a dividend yield of 1.42%.

Let's look at Axtel Industries Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:

  • Axtel Industries Ltd’s revenue were ₹52.76Cr in the quarter ending March 2024. The revenuefell by -24.2% year on year basis since last quarter.
  • Axtel Industries Ltd’s profits were ₹5.31Cr in the quarter ending March 2024. The profits fell by -52.12% year on year basis since last quarter.
  • Axtel Industries Ltd’s dividend was ₹6 in the quarter ending December 2023.

Axtel Industries Ltd Dividend related ratios:

  • Last dividend date: 09/03/2024
  • Current Dividend Yield: 1.42%
  • Annual dividend payment: ₹9

Axtel Industries Ltd Dividend v/s Axtel Industries Ltd Share price

History of Axtel Industries Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATE
20/03/2024
CASH
₹6
09/03/2024
20/03/2024
03/07/2023
CASH
₹3
29/05/2023
03/07/2023
21/09/2022
CASH
₹2
30/05/2022
22/09/2022
07/09/2021
CASH
₹3
27/05/2021
08/09/2021
20/11/2020
CASH
₹3
11/11/2020
23/11/2020
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FAQs

Axtel Industries Ltd current market price is ₹632.80 per share

Axtel Industries Ltd has declared dividend worth ₹6 in the last year.

Axtel Industries Ltd has declared dividend worth ₹6 in the latest quarter.

Axtel Industries Ltd has declared dividend on 09/03/2024 of ₹6.

Axtel Industries Ltd has declared dividend 2 times of ₹9 in the previous financial year (FY2023-2024)