523850
Axtel Industries Ltd
₹499
Axtel Industries Ltd Dividend 2023 : 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 ₹805.16Cr. Its share price is ₹499 as on 2 October,2023.
The dividend is a percentage of earnings paid out to shareholders. Last year, Axtel Industries Ltd gave ₹5 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 March 2023, Axtel Industries Ltd has declared dividend of ₹3 - translating a dividend yield of 1%.
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 ₹48.66Cr in the quarter ending June 2023. The revenue grew by 57.48% year on year basis since last quarter.
- Axtel Industries Ltd’s profits were ₹5.32Cr in the quarter ending June 2023. The profits grew by 894.03% year on year basis since last quarter.
- Axtel Industries Ltd’s dividend was ₹3 in the quarter ending March 2023.
Axtel Industries Ltd Dividend related ratios:
- Last dividend date: 29/05/2023
- Current Dividend Yield: 1%
- Annual dividend payment: ₹5
History of Axtel Industries Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
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 |
12/03/2020 | CASH | ₹2.50 | 02/03/2020 | 13/03/2020 |
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