Axtel Industries Ltd

₹470

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

Axtel Industries Ltd is one of the most popular Financial Services company in the world with a market capitalisation of ₹759.76Cr. Its share price is ₹470 as on 21 December,2024.The dividend is a percentage of earnings paid out to shareholders. Last year, Axtel Industries Ltd gave ₹9 for the full year, but should it be a part of your investments that give good dividends?

Key Highlights

Financial Services stocks do not always pay a dividend but as Axtel Industries Ltd pays dividends to reward its shareholders.
In the quarter ending December 2023, Axtel Industries Ltd has declared dividend of ₹6 - translating a dividend yield of 1.91%.

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

Axtel Industries Ltd’s revenue were ₹57.15Cr in the quarter ending September 2024. The revenuefell by -19.01% year on year basis since last quarter.
Axtel Industries Ltd’s profits were ₹5.90Cr in the quarter ending September 2024. The profits fell by -50.5% year on year basis since last quarter.
Axtel Industries Ltd’s dividend was ₹6 in the quarter ending December 2023.

Axtel Industries Ltd Dividend related ratios:

Last dividend date: 09/03/2024
Current Dividend Yield: 1.91%
Annual dividend payment: ₹9

History of Axtel Industries Ltd's Dividend payments

Ex/EFF DATE	TYPE	CASH AMOUNT	DECLARATION DATE	RECORD DATE
20/03/2024	CASH	₹6	09/03/2024	20/03/2024
03/07/2023	CASH	₹3	29/05/2023	03/07/2023
21/09/2022	CASH	₹2	30/05/2022	22/09/2022
07/09/2021	CASH	₹3	27/05/2021	08/09/2021
20/11/2020	CASH	₹3	11/11/2020	23/11/2020