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Dividend of Akshar Spintex Ltd

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Akshar Spintex Ltd

NSE: AKSHAR

Dividend Payout (Interim)

₹ 0.01

Ex-Dividend Date: Jan 04, 2024

Key Highlights

  • The Latest Trading Price of Akshar Spintex Ltd is ₹ 0.74 as of 15 Jan 12:10 .

swot
swot

Monitoring Akshar Spintex Ltd share price can help you stay informed about potential market shifts and opportunities.

Dividend Payouts

Fiscal Year
leftDividend Payout (₹)right
2023-240

Overview of Dividend

  • <h2><strong>Types of Dividend</strong></h2><br> <h3>Special Dividend</h3> <p>A dividend is paid on common stock when a company has accumulated substantial profits over years, often seen as excess cash that doesn't need immediate use.</p> <br> <h3>Preferred Dividend</h3> <p>A quarterly dividend is paid to preferred stock owners, typically accumulating a fixed amount, and is earned on shares that function more like bonds.</p> <br> <h3>Interim Dividend</h3> <p>Companies declare interim dividends before final full-year accounts are prepared, specifically in India, during the financial year from April to March of the following year.</p> <br> <h3>Final Dividend</h3> <p>A final dividend is issued after the year's accounts have been compiled.
  • Aside from this, the following list highlights the most prevalent sorts of dividends:</p> <br>.

Types of Dividend


Special Dividend

A dividend is paid on common stock when a company has accumulated substantial profits over years, often seen as excess cash that doesn't need immediate use.


Preferred Dividend

A quarterly dividend is paid to preferred stock owners, typically accumulating a fixed amount, and is earned on shares that function more like bonds.


Interim Dividend

Companies declare interim dividends before final full-year accounts are prepared, specifically in India, during the financial year from April to March of the following year.


Final Dividend

A final dividend is issued after the year's accounts have been compiled. Aside from this, the following list highlights the most prevalent sorts of dividends:


Dividend Yield Comparison With Top Peers

* All values are in %

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Akshar Spintex Ltd

NSE: AKSHAR

Share Price

₹ 0.74

0.03 (4.23%)

stock direction

Last updated on: Jan 15, 2025

Company Fundamentals for Akshar Spintex Ltd

Dividend Payout Over Time

No data available

Net Profit Vs Dividend Per Share

SWOT Analysis Of Akshar Spintex Ltd

Strength

1

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Weakness

0

che

Opportunity

0

che

Threats

0

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BlinkX Score for Akshar Spintex Ltd

Historical Market Cap of Akshar Spintex Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Akshar Spintex Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

Akshar Spintex Ltd News Hub

Akshar Spintex to convene board meeting

Akshar Spintex will hold a meeting of the Board of Directors of the Company on 17 August 2024. Power

Read more

2024-08-14 00:00:00

Akshar Spintex schedules AGM

Akshar Spintex announced that the 11th Annual General Meeting (AGM) of the company will be held on 2

Read more

2024-09-06 00:00:00

Akshar Spintex to conduct board meeting

Akshar Spintex will hold a meeting of the Board of Directors of the Company on 14 November 2024 Powe

Read more

2024-11-11 00:00:00

Akshar Spintex reports standalone net loss of Rs 1.60 crore in the September 2024 quarter

Net loss of Akshar Spintex reported to Rs 1.60 crore in the quarter ended September 2024 as against

Read more

2024-11-14 00:00:00

About Akshar Spintex Ltd

  • Akshar Spintex Limited originally incorporated as a Private Limited Company in the name of 'Akshar Spintex Private Limited' at Jamnagar, Gujarat on June 19,2013 was subsequently converted into a Public Limited Company and the name of the Company was changed to 'Akshar Spintex Limited' on January 5, 2018. The Company is engaged in manufacturing of cotton yarn.
  • The Company manufactures 100% cotton yarn which include combed, semi combed and carded yarn.
  • The manufacturing facility is situated at Kalavad in Rajkot District of Gujarat which is in the vicinity of the rich cotton growing areas of Gujarat.
  • The Company has installed a capacity of total 24,480 spindle with annual production 7500 MT in cotton yarn, which earlier was set to 6000 MT. The Company raised money from public through Initial Public Offer by issuing 67,47,000 Equity Shares aggregating to Rs 26.

FAQs for Dividends of Akshar Spintex Ltd

What is the current market price of Akshar Spintex Ltd as of January 15, 2025?

The current market price of Akshar Spintex Ltd stands at 0.7 per share.

What dividend did Akshar Spintex Ltd declare in the last fiscal year?

In the last fiscal year, Akshar Spintex Ltd declared a dividend totaling ₹0.0.

What is the most recent dividend declared by Akshar Spintex Ltd?

Akshar Spintex Ltd has declared dividend worth ₹0.0 in the latest quarter..

How many times has Akshar Spintex Ltd declared dividends in the current fiscal year?

Akshar Spintex Ltd has declared dividends 2 times totaling ₹0 in the current fiscal year (FY2024-2025).

How many times did Akshar Spintex Ltd declare dividends in the previous fiscal year?

In the previous fiscal year (FY2023-2024), Akshar Spintex Ltd declared dividends 4 times totaling ₹0.0.

What is Dividend Yield of Akshar Spintex Ltd?

The Akshar Spintex Ltd's Dividend Yield is 0.5 as of January 15, 2025

Will I get Akshar Spintex Ltd dividend if I have shares?

If you purchase Akshar Spintex Ltd stock on or after its ex-dividend date, you won’t receive the next dividend; the seller will. Buy before the ex-dividend date to receive the dividend.

Do I lose my Akshar Spintex Ltd dividend if I sell my shares?

Shareholders who sell their Akshar Spintex Ltd stock before the ex-dividend date do not receive the dividend.

How do I check if I am eligible for a Akshar Spintex Ltd dividend?

To be eligible for the Akshar Spintex Ltd dividend, you must buy the stock no later than one day before the ex-dividend date.

Is Akshar Spintex Ltd dividend automatically credited to a bank account?

If your bank mandate is registered with the registrar, the Akshar Spintex Ltd dividend amount will be automatically credited to your bank account.

Will I get Akshar Spintex Ltd dividend if I have shares?

If you purchase Akshar Spintex Ltd stock on or after its ex-dividend date, you won’t receive the next dividend; the seller will. Buy before the ex-dividend date to receive the dividend.
Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.

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