531456
Minaxi Textiles Ltd
₹1.50
Minaxi Textiles Ltd Dividend 2023 : 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 ₹7.41Cr. Its share price is ₹1.50 as on 24 September,2023.
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 9.33%.
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 ₹10.48Cr in the quarter ending June 2023. The revenue grew by 3.46% year on year basis since last quarter.
- Minaxi Textiles Ltd’s profits were ₹0.63Cr in the quarter ending June 2023. The profits grew by 159.43% 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: 9.33%
- Annual dividend payment: ₹0.14
History of Minaxi Textiles Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD 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 |
