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Dividend of Automotive Axles Ltd

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Automotive Axles Ltd

NSE: AUTOAXLES

Dividend Payout (Final)

₹ 32

Ex-Dividend Date: Jul 29, 2024

Key Highlights

  • Automotive Axles Ltd dividend yield is 1.84%.
  • Automotive Axles Ltd has declared 6 dividends since 2020.
  • In the past 12 months, Automotive Axles Ltd has given a dividend of ₹32.00 per share.
  • The Latest Trading Price of Automotive Axles Ltd is ₹ 1762 as of 15 Jan 11:50 .

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

Historical Dividend Payouts of Automotive Axles Ltd

Fiscal Year
leftDividend Payout (₹)right
2023-2432
2022-2332
2021-2215
2020-215
2019-201

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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Automotive Axles Ltd

NSE: AUTOAXLES

Share Price

₹ 1762.45

21.05 (1.21%)

stock direction

Last updated on: Jan 15, 2025

Company Fundamentals for Automotive Axles Ltd

Dividend Payout Over Time

No data available

Net Profit Vs Dividend Per Share

SWOT Analysis Of Automotive Axles Ltd

Strength

2

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Weakness

0

che

Opportunity

0

che

Threats

0

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BlinkX Score for Automotive Axles Ltd

Historical Market Cap of Automotive Axles Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Automotive Axles Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

Automotive Axles Ltd News Hub

Automotive Axles standalone net profit declines 9.99% in the June 2024 quarter

Net profit of Automotive Axles declined 9.99% to Rs 34.05 crore in the quarter ended June 2024 as ag

Read more

2024-08-07 00:00:00

Automotive Axles to discuss results

Automotive Axles will hold a meeting of the Board of Directors of the Company on 30 October 2024. Po

Read more

2024-10-24 00:00:00

Automotive Axles slides as Q2 PAT drops 20% to Rs 36 cr

Profit before tax (PBT) stood at Rs 48.45 crore in Q2 FY25, down 19.71% YoY for the quarter ended 30

Read more

2024-10-31 00:00:00

Automotive Axles standalone net profit declines 20.23% in the September 2024 quarter

Net profit of Automotive Axles declined 20.23% to Rs 35.97 crore in the quarter ended September 2024

Read more

2024-10-31 00:00:00

About Automotive Axles Ltd

  • Automotive Axles Limited is a joint venture company incorporated in 1981, between Bharat Forge Limited, Pune, India and Meritor Heavy Vehicle Systems LLC, USA (35.52% equity stake).
  • The Company is the largest independent manufacturer of Rear Drive Axle Assemblies in the country and is primarily engaged in manufacturing of Axles and Brakes at Mysore, Rudrapur and Jamshedpur. The Company's Rs 30.3- Cr. project at Hootagali near Mysore, commenced commercial production in Jul.'84.
  • The company entered the capital market with a public issue. The Company came out of the purview of the Sick Industrial Companies Act, 1985.
  • But, the very next year, its Networth started to erode.
  • So, in 1994-95, it embarked on a restructuring of the capital in consultation with financial institutions.

FAQs for Dividends of Automotive Axles Ltd

What is the current market price of Automotive Axles Ltd as of January 15, 2025?

The current market price of Automotive Axles Ltd stands at 1762.4 per share.

What dividend did Automotive Axles Ltd declare in the last fiscal year?

In the last fiscal year, Automotive Axles Ltd declared a dividend totaling ₹32.0.

What is the most recent dividend declared by Automotive Axles Ltd?

Automotive Axles Ltd has declared dividend worth ₹0.0 in the latest quarter..

How many times has Automotive Axles Ltd declared dividends in the current fiscal year?

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

How many times did Automotive Axles Ltd declare dividends in the previous fiscal year?

In the previous fiscal year (FY2023-2024), Automotive Axles Ltd declared dividends 4 times totaling ₹32.0.

What is Dividend Yield of Automotive Axles Ltd?

The Automotive Axles Ltd's Dividend Yield is 1.8 as of January 15, 2025

Will I get Automotive Axles Ltd dividend if I have shares?

If you purchase Automotive Axles 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 Automotive Axles Ltd dividend if I sell my shares?

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

How do I check if I am eligible for a Automotive Axles Ltd dividend?

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

Is Automotive Axles Ltd dividend automatically credited to a bank account?

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

Will I get Automotive Axles Ltd dividend if I have shares?

If you purchase Automotive Axles 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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