Akshar Spintex (NSE:AKSHAR) Dividend Payout Ratio : 0.00 (As of Dec. 2024)

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What is Akshar Spintex Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Akshar Spintex's Dividend Payout Ratio for the months ended in Dec. 2024 was 0.00.

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

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

NSE:AKSHAR's Dividend Payout Ratio is not ranked ^*
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 0.38
* Ranked among companies with meaningful Dividend Payout Ratio only.

As of today (2025-03-24), the Dividend Yield % of Akshar Spintex is 0.00%.

During the past 11 years, the highest Trailing Annual Dividend Yield of Akshar Spintex was 0.86%. The lowest was 0.00%. And the median was 0.36%.

Akshar Spintex's Dividends per Share for the months ended in Dec. 2024 was ₹0.00.

During the past 12 months, Akshar Spintex's average Dividends Per Share Growth Rate was -100.00% per year.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Akshar Spintex Dividend Payout Ratio Historical Data

The historical data trend for Akshar Spintex'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.

Akshar Spintex Dividend Payout Ratio Chart

Akshar Spintex Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Dividend Payout Ratio

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0.07

Akshar Spintex Quarterly Data
	Mar19	Sep19	Mar20	Sep20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Dividend Payout Ratio	Get a 7-Day Free Trial															0.30	-	-	-	-

Competitive Comparison of Akshar Spintex's Dividend Payout Ratio

For the Textile Manufacturing subindustry, Akshar Spintex'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.

Akshar Spintex's Dividend Payout Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Akshar Spintex's Dividend Payout Ratio falls into.

Akshar Spintex Dividend Payout Ratio Calculation

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

Dividend Payout Ratio	=	Dividends per Share (A: Mar. 2024 )	/	EPS without NRI (A: Mar. 2024 )
	=	0.006	/	0.082
	=	0.07

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

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2024 )	/	EPS without NRI (Q: Dec. 2024 )
	=	0	/	-0.03
	=	N/A

Akshar Spintex (NSE:AKSHAR) Dividend Payout Ratio Explanation

In dividends investing, Dividend 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.

Akshar Spintex Dividend Payout Ratio Related Terms

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

Akshar Spintex Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Akshar Spintex Ltd (NSE:AKSHAR) » Definitions » Dividend Payout Ratio

Traded in Other Exchanges

541303:India

Address

150 Feet Ring Road, C-704, The Imperial Heights, Opposite Big Bazaar, Rajkot, GJ, IND, 360005

Website

http://www.aksharspintex.in

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. It operates under one segment which is Spinning of Cotton Yarn.

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