Acknit Industries Ltd

₹249.95

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

Acknit Industries Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹77.20Cr. Its share price is ₹249.95 as on 20 February,2025.The dividend is a percentage of earnings paid out to shareholders. Last year, Acknit Industries Ltd gave ₹1.50 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 Acknit Industries Ltd pays dividends to reward its shareholders.
In the quarter ending March 2024, Acknit Industries Ltd has declared dividend of ₹1.50 - translating a dividend yield of 0.60%.

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

Acknit Industries Ltd’s revenue were ₹55.29Cr in the quarter ending December 2024. The revenue grew by 19.26% year on year basis since last quarter.
Acknit Industries Ltd’s profits were ₹1.77Cr in the quarter ending December 2024. The profits fell by -11.5% year on year basis since last quarter.
Acknit Industries Ltd’s dividend was ₹1.50 in the quarter ending March 2024.

Acknit Industries Ltd Dividend related ratios:

Last dividend date: 22/05/2024
Current Dividend Yield: 0.60%
Annual dividend payment: ₹1.50

History of Acknit Industries Ltd's Dividend payments

Ex/EFF DATE	TYPE	CASH AMOUNT	DECLARATION DATE	RECORD DATE
11/09/2024	CASH	₹1.50	22/05/2024	11/09/2024
20/07/2023	CASH	₹1.50	17/05/2023	20/07/2023
22/09/2022	CASH	₹1.50	28/05/2022	23/09/2022
16/09/2021	CASH	₹1.50	30/06/2021	18/09/2021
17/09/2020	CASH	₹1.50	27/06/2020	21/09/2020