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Akshar Spintex (NSE:AKSHAR) Dividends per Share : ₹0.01 (TTM As of Mar. 2024)


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What is Akshar Spintex Dividends per Share?

Akshar Spintex's dividends per share for the three months ended in Mar. 2024 was ₹0.00. Its dividends per share for the trailing twelve months (TTM) ended in Mar. 2024 was ₹0.01. Its Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00. As of today, Akshar Spintex's Dividend Yield % is 0.31%.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

For more information regarding to dividend, please check our Dividend Page.


Akshar Spintex Dividends per Share Historical Data

The historical data trend for Akshar Spintex's Dividends per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Akshar Spintex Dividends per Share Chart

Akshar Spintex Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Dividends per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.01

Akshar Spintex Quarterly Data
Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Dividends per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 0.01 -

Competitive Comparison of Akshar Spintex's Dividends per Share

For the Textile Manufacturing subindustry, Akshar Spintex's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Akshar Spintex's Dividend Yield % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Akshar Spintex's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Akshar Spintex's Dividend Yield % falls into.



Akshar Spintex Dividends per Share Calculation

Dividends paid to per common share.


Akshar Spintex  (NSE:AKSHAR) Dividends per Share Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Akshar Spintex's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ EPS without NRI (Q: Mar. 2024 )
=0/ 0.037
=0.00

During the past 11 years, the highest Dividend Payout Ratio of Akshar Spintex was 0.07. The lowest was 0.02. And the median was 0.07.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Akshar Spintex Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
INR 0.0083332024-01-042024-01-040000-00-00Cash Dividendsemi-annuallyINR:INR 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.


Akshar Spintex's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.008333/2.65
=0.31 %

Current Share Price is ₹2.65.
Akshar Spintex's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹0.008333.

During the past 11 years, the highest Dividend Yield of Akshar Spintex was 0.36%. The lowest was 0.20%. And the median was 0.29%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Akshar Spintex Dividends per Share Related Terms

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Akshar Spintex (NSE:AKSHAR) Business Description

Traded in Other Exchanges
Address
150 Feet Ring Road, C-704, The Imperial Heights, Opposite Big Bazaar, Rajkot, GJ, IND, 360005
Akshar Spintex Ltd is an India based company engaged in manufacturing textile products. The product portfolio of the company includes Natural Cotton, BCI Certified Cotton, Organic Certified Cotton, Viscose, Modal, Carded Cotton Yarn and Melange Yarn, among others.

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