Axita Cotton Ltd announces Final Dividend in the Consumer Discretionary sector, showing strong prospects in Other Textile Products
1.28%
Div. Yield
12.83%
Payout Rat.
Axita Cotton Ltd, operating in the Consumer Discretionary sector, has declared its latest dividend. The company announced an Final Dividend of ₹0.10 per share for the year 2024. Shareholders should note that the ex-dividend date is August 27, 2024, meaning investors must own the shares before this date to qualify for the dividend. The current share price is ₹24.54.
Earlier in 2023, Axita Cotton Ltd issued a Interim Dividend of ₹0.10 per share. The company’s dividend payout ratio of 12.83% reflects the proportion of profits allocated as dividends. The dividend yield, currently at 1.28%, represents the return on investment relative to the share price.
Dividend Yield History
| Year | Yield |
|---|---|
| 2024 | 0.41% |
| 2023 | 0.36% |
| 2022 | - |
Dividend Payment History
| Ex-Div Date | Amount | Type | Share Price |
|---|---|---|---|
| August 27, 2024 | ₹0.10 | Final Dividend | ₹24.54 |
| November 16, 2023 | ₹0.10 | Interim Dividend | ₹26.05 |
| November 12, 2023 | ₹0.10 | Interim Dividend | ₹27.95 |
| September 18, 2022 | ₹0.50 | Dividend | ₹0 |
Dividend Stars
| Stock Name | Median Yield | Current Yield |
|---|---|---|
 Oracle Financial Services Software Ltd NSE: OFSS | 5.41% | 4.03% |
 Indian Oil Corporation Ltd NSE: IOC | 3.81% | 4.84% |
 Cesc Ltd NSE: CESC | 3.08% | 3.93% |
 Gail India Ltd NSE: GAIL | 3.02% | 5.25% |
 Bajaj Auto Ltd NSE: BAJAJ-AUTO | 2.97% | 2.32% |
FAQs
Axita Cotton Ltd has declared dividend worth ₹0.10
Axita Cotton Ltd has declared dividend on August 27, 2024
As of February 17, 2025, the dividend yield for Axita Cotton Ltd is 1.28%
The most recent dividend payment for Axita Cotton Ltd was ₹0.10 per share.
The current dividend payout ratio for Axita Cotton Ltd is 12.83%
