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Dividend of Amarjothi Spinning Mills Ltd

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Amarjothi Spinning Mills Ltd

NSE: AMARJOTHI

Dividend Payout (Final)

₹ 2.2

Ex-Dividend Date: Aug 27, 2024

Key Highlights

  • Amarjothi Spinning Mills Ltd dividend yield is 1.17%.
  • Amarjothi Spinning Mills Ltd has declared 6 dividends since 2019.
  • In the past 12 months, Amarjothi Spinning Mills Ltd has given a dividend of ₹2.00 per share.
  • The Latest Trading Price of Amarjothi Spinning Mills Ltd is ₹ 194.5 as of 15 Jan 12:03 .

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Monitoring Amarjothi Spinning Mills Ltd share price can help you stay informed about potential market shifts and opportunities.

Historical Dividend Payouts of Amarjothi Spinning Mills Ltd

Fiscal Year
leftDividend Payout (₹)right
2023-242
2022-232
2021-222
2020-212
2019-202

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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Amarjothi Spinning Mills Ltd

NSE: AMARJOTHI

Share Price

₹ 194.5

6.85 (3.65%)

stock direction

Last updated on: Jan 15, 2025

Company Fundamentals for Amarjothi Spinning Mills Ltd

Dividend Payout Over Time

No data available

Net Profit Vs Dividend Per Share

SWOT Analysis Of Amarjothi Spinning Mills Ltd

Strength

2

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Weakness

0

che

Opportunity

0

che

Threats

0

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BlinkX Score for Amarjothi Spinning Mills Ltd

Historical Market Cap of Amarjothi Spinning Mills Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Amarjothi Spinning Mills Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

Amarjothi Spinning Mills Ltd News Hub

Amarjothi Spinning Mills reschedules AGM date

Amarjothi Spinning Mills has revised the Annual General Meeting of the company which was scheduled t

Read more

2024-08-10 00:00:00

Amarjothi Spinning Mills consolidated net profit rises 116.45% in the June 2024 quarter

Net profit of Amarjothi Spinning Mills rose 116.45% to Rs 3.29 crore in the quarter ended June 2024

Read more

2024-08-03 00:00:00

Amarjothi Spinning Mills to conduct board meeting

Amarjothi Spinning Mills will hold a meeting of the Board of Directors of the Company on 3 September

Read more

2024-08-27 00:00:00

Amarjothi Spinning Mills consolidated net profit declines 3.27% in the September 2024 quarter

Net profit of Amarjothi Spinning Mills declined 3.27% to Rs 3.25 crore in the quarter ended Septembe

Read more

2024-11-07 00:00:00

About Amarjothi Spinning Mills Ltd

  • Incorporated in Dec.'87, Amarjothi Spinning Mills (ASM) was converted into a public limited company in Dec.'91.
  • It is promoted by the Jaichander R. The Company is engaged in the business of manufacturing of Yarn.
  • It has own processing unit for yarn and fiber and own Wind Power generation plants which are mainly used for own captive use. ASM went public with its maiden issue in Jan.'93 to part-finance a spinning mill to manufacture cotton yarn (inst. cap. : 12,096 spindles) in Pudusuripalayam, Tamilnadu.
  • To meet part of the project cost, ASM issued secured NCDs worth Rs 2.20 cr on a private placement basis. For cotton spinning, the company has adopted the ring spinning system.
  • The company has installed the latest textile machineries including blow room, carding machines, draw frames, simplex frames and ring frames from Lakshmi Machine Works and autoconers with electronic clearers and automatic splicers from Schlafhrost (India).

FAQs for Dividends of Amarjothi Spinning Mills Ltd

What is the current market price of Amarjothi Spinning Mills Ltd as of January 15, 2025?

The current market price of Amarjothi Spinning Mills Ltd stands at 194.5 per share.

What dividend did Amarjothi Spinning Mills Ltd declare in the last fiscal year?

In the last fiscal year, Amarjothi Spinning Mills Ltd declared a dividend totaling ₹2.2.

What is the most recent dividend declared by Amarjothi Spinning Mills Ltd?

Amarjothi Spinning Mills Ltd has declared dividend worth ₹0.0 in the latest quarter..

How many times has Amarjothi Spinning Mills Ltd declared dividends in the current fiscal year?

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

How many times did Amarjothi Spinning Mills Ltd declare dividends in the previous fiscal year?

In the previous fiscal year (FY2023-2024), Amarjothi Spinning Mills Ltd declared dividends 4 times totaling ₹2.2.

What is Dividend Yield of Amarjothi Spinning Mills Ltd?

The Amarjothi Spinning Mills Ltd's Dividend Yield is 1.2 as of January 15, 2025

Will I get Amarjothi Spinning Mills Ltd dividend if I have shares?

If you purchase Amarjothi Spinning Mills 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 Amarjothi Spinning Mills Ltd dividend if I sell my shares?

Shareholders who sell their Amarjothi Spinning Mills Ltd stock before the ex-dividend date do not receive the dividend.

How do I check if I am eligible for a Amarjothi Spinning Mills Ltd dividend?

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

Is Amarjothi Spinning Mills Ltd dividend automatically credited to a bank account?

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

Will I get Amarjothi Spinning Mills Ltd dividend if I have shares?

If you purchase Amarjothi Spinning Mills 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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