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531456

Minaxi Textiles Ltd

₹2.45

Minaxi Textiles Ltd Dividend 2024 : Should Minaxi Textiles Ltd be a part of your dividend portfolio?

Minaxi Textiles Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹12.06Cr. Its share price is ₹2.45 as on 14 June,2024.

The dividend is a percentage of earnings paid out to shareholders. Last year, Minaxi Textiles Ltd gave ₹0.14 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 Minaxi Textiles Ltd pays dividends to reward its shareholders.
  • In the quarter ending June 2007, Minaxi Textiles Ltd has declared dividend of ₹0.07 - translating a dividend yield of 5.71%.

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

  • Minaxi Textiles Ltd’s revenue were ₹8.83Cr in the quarter ending March 2024. The revenue grew by 29.09% year on year basis since last quarter.
  • Minaxi Textiles Ltd’s profits were ₹-1.65Cr in the quarter ending March 2024. The profits grew by 23.61% year on year basis since last quarter.
  • Minaxi Textiles Ltd’s dividend was ₹0.07 in the quarter ending June 2007.

Minaxi Textiles Ltd Dividend related ratios:

  • Last dividend date: 01/08/2007
  • Current Dividend Yield: 5.71%
  • Annual dividend payment: ₹0.14

History of Minaxi Textiles Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATE
20/09/2007
CASH
₹0.07
01/08/2007
24/09/2007
21/09/2006
CASH
₹0.07
26/03/2007
25/09/2006
22/09/2005
CASH
₹0
31/08/2005
24/09/2005

FAQs

Minaxi Textiles Ltd current market price is ₹2.45 per share

Minaxi Textiles Ltd has declared dividend worth ₹0.07 in the latest quarter.

Minaxi Textiles Ltd has declared dividend on 01/08/2007 of ₹0.07.