Akshar Spintex Ltd announces Interim Dividend in the Consumer Discretionary sector, showing strong prospects in Other Textile Products
1.32%
Div. Yield
8.67%
Payout Rat.
Akshar Spintex Ltd, operating in the Consumer Discretionary sector, has declared its latest dividend. The company announced an Interim Dividend of ₹0.01 per share for the year 2024. Shareholders should note that the ex-dividend date is January 3, 2024, meaning investors must own the shares before this date to qualify for the dividend. The current share price is ₹4.20.
The company’s dividend payout ratio of 8.67% reflects the proportion of profits allocated as dividends. The dividend yield, currently at 1.32%, represents the return on investment relative to the share price.
Dividend Yield History
| Year | Yield |
|---|---|
| 2024 | 0.24% |
Dividend Payment History
| Ex-Div Date | Amount | Type | Share Price |
|---|---|---|---|
| January 3, 2024 | ₹0.01 | Interim Dividend | ₹4.2 |
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
Akshar Spintex Ltd has declared dividend worth ₹0.01
Akshar Spintex Ltd has declared dividend on January 3, 2024
As of February 17, 2025, the dividend yield for Akshar Spintex Ltd is 1.32%
The most recent dividend payment for Akshar Spintex Ltd was ₹0.01 per share.
The current dividend payout ratio for Akshar Spintex Ltd is 8.67%
