ASHAPURMIN
Ashapura Minechem Ltd
₹249.46
Ashapura Minechem Ltd Dividend 2024 : Should Ashapura Minechem Ltd be a part of your dividend portfolio?
Ashapura Minechem Ltd is one of the most popular Basic Materials company in the world with a market capitalisation of ₹2,386.72Cr. Its share price is ₹249.46 as on 21 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Ashapura Minechem Ltd gave ₹1 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
- Basic Materials stocks do not always pay a dividend but as Ashapura Minechem Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2022, Ashapura Minechem Ltd has declared dividend of ₹0.50 - translating a dividend yield of 0.40%.
Let's look at Ashapura Minechem Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Ashapura Minechem Ltd’s revenue were ₹605.25Cr in the quarter ending September 2024. The revenue grew by 3.26% year on year basis since last quarter.
- Ashapura Minechem Ltd’s profits were ₹44.33Cr in the quarter ending September 2024. The profits fell by -25.28% year on year basis since last quarter.
- Ashapura Minechem Ltd’s dividend was ₹0.50 in the quarter ending March 2022.
Ashapura Minechem Ltd Dividend related ratios:
- Last dividend date: 28/05/2022
- Current Dividend Yield: 0.40%
- Annual dividend payment: ₹1
History of Ashapura Minechem Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
21/09/2022 | CASH | ₹0.50 | 28/05/2022 | 22/09/2022 |
21/09/2021 | CASH | ₹0.50 | 22/06/2021 | 22/09/2021 |
