Addi Industries Ltd announces Final Dividend in the Consumer Discretionary sector, showing strong prospects in Garments & Apparels
3.13%
Div. Yield
28.91%
Payout Rat.
Addi Industries Ltd, operating in the Consumer Discretionary sector, has declared its latest dividend. The company announced an Final Dividend of ₹1.25 per share for the year 2024. Shareholders should note that the ex-dividend date is September 22, 2024, meaning investors must own the shares before this date to qualify for the dividend. The current share price is ₹51.50.
Earlier in 2023, Addi Industries Ltd issued a Final Dividend of ₹1.25 per share. The company’s dividend payout ratio of 28.91% reflects the proportion of profits allocated as dividends. The dividend yield, currently at 3.13%, represents the return on investment relative to the share price.
Dividend Yield History
| Year | Yield |
|---|---|
| 2024 | 2.43% |
| 2023 | 3.04% |
Dividend Payment History
| Ex-Div Date | Amount | Type | Share Price |
|---|---|---|---|
| September 22, 2024 | ₹1.25 | Final Dividend | ₹51.5 |
| September 21, 2023 | ₹1.25 | Final Dividend | ₹41.06 |
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
Addi Industries Ltd has declared dividend worth ₹1.25
Addi Industries Ltd has declared dividend on September 22, 2024
As of February 17, 2025, the dividend yield for Addi Industries Ltd is 3.13%
The most recent dividend payment for Addi Industries Ltd was ₹1.25 per share.
The current dividend payout ratio for Addi Industries Ltd is 28.91%
