AKSHAR
Akshar Spintex Ltd
₹0.50
Akshar Spintex Ltd Dividend 2024 : Should Akshar Spintex Ltd be a part of your dividend portfolio?
Akshar Spintex Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹39.37Cr. Its share price is ₹0.50 as on 1 April,2025.The dividend is a percentage of earnings paid out to shareholders. Last year, Akshar Spintex Ltd gave ₹0.01 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 Akshar Spintex Ltd pays dividends to reward its shareholders.
- In the quarter ending September 2023, Akshar Spintex Ltd has declared dividend of ₹0.01 - translating a dividend yield of 2%.
Let's look at Akshar Spintex Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Akshar Spintex Ltd’s revenue were ₹26.36Cr in the quarter ending December 2024. The revenuefell by -41.84% year on year basis since last quarter.
- Akshar Spintex Ltd’s profits were ₹-2.33Cr in the quarter ending December 2024. The profits fell by -432.86% year on year basis since last quarter.
- Akshar Spintex Ltd’s dividend was ₹0.01 in the quarter ending September 2023.
Akshar Spintex Ltd Dividend related ratios:
- Last dividend date: 22/12/2023
- Current Dividend Yield: 2%
- Annual dividend payment: ₹0.01
History of Akshar Spintex Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
04/01/2024 | CASH | ₹0.01 | 22/12/2023 | 04/01/2024 |
Akshar Spintex Ltd Dividend v/s Akshar Spintex Ltd Share price
Discover More Dividend Stocks in Consumer Cyclical Sector
FAQs
What is current market price of Akshar Spintex Ltd (as on 01/04/2025)?
Akshar Spintex Ltd current market price is ₹0.50 per share
What is the latest dividend declared by Akshar Spintex Ltd?
Akshar Spintex Ltd has declared dividend worth ₹0.01 in the latest quarter.
When was the latest dividend declared by Akshar Spintex Ltd?
Akshar Spintex Ltd has declared dividend on 22/12/2023 of ₹0.01.