Acknit Industries (BOM:530043) Dividend Payout Ratio : 0.00 (As of Dec. 2023)

View and export this data going back to 2000. Start your Free Trial

What is Acknit Industries Dividend Payout Ratio?

Acknit Industries's dividend payout ratio for the months ended in Dec. 2023 was 0.00.

The historical rank and industry rank for Acknit Industries's Dividend Payout Ratio or its related term are showing as below:

BOM:530043' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.05 Med: 0.09 Max: 0.15
Current: 0.06

During the past 13 years, the highest Dividend Payout Ratio of Acknit Industries was 0.15. The lowest was 0.05. And the median was 0.09.

BOM:530043's Dividend Payout Ratio is ranked better than
94.33% of 423 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.38 vs BOM:530043: 0.06

As of today (2024-05-07), the Dividend Yield % of Acknit Industries is 0.58%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Acknit Industries was 6.51%. The lowest was 0.52%. And the median was 1.57%.

Acknit Industries's Dividends per Share for the months ended in Dec. 2023 was ₹0.00.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Acknit Industries was 44.20% per year. The lowest was -9.10% per year. And the median was 17.55% per year.

The growth rate is calculated with least square regression.

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

Acknit Industries Dividend Payout Ratio Historical Data

The historical data trend for Acknit Industries's Dividend Payout Ratio 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.

Acknit Industries Dividend Payout Ratio Chart

Acknit Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Dividend Payout Ratio

Get a 7-Day Free Trial

0.09

0.08

0.06

0.05

Acknit Industries Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															-	-	-	0.24	-

Competitive Comparison of Acknit Industries's Dividend Payout Ratio

For the Footwear & Accessories subindustry, Acknit Industries's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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.

Acknit Industries's Dividend Payout Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Acknit Industries's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Acknit Industries's Dividend Payout Ratio falls into.

Acknit Industries Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Acknit Industries's Dividend Payout Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Mar. 2023 )	/	EPS without NRI (A: Mar. 2023 )
	=	1.5	/	29.792
	=	0.05

Acknit Industries's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0	/	6.58
	=	0.00

Acknit Industries (BOM:530043) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Acknit Industries Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Acknit Industries's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Acknit Industries (BOM:530043) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Acknit Industries Ltd (BOM:530043) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ecostation, Block - BP, Plot No.7, Sector- V, 5th Floor, Suit No. 504, Salt Lake City, Kolkata, WB, IND, 700091

Website

https://www.acknitindia.com

Acknit Industries Ltd manufactures all types of garments, gloves, and other apparel products. The company operates through four segments namely Hand gloves, Garments, Other & traded items, and Power generation segment. Most of the firm's revenue gets derived from the Hand Gloves segment which consists of cut and sewn dipped gloves, seamless dipped gloves, Canadian/ welder/ driver gloves, Cut resistant gloves, heat resistant gloves, and kelvlar leather gloves.

Acknit Industries (BOM:530043) Headlines

No Headlines