Akshar Spintex (BOM:541303) Dividend Yield % : 0.73% (As of Dec. 15, 2024)

Akshar Spintex Dividend Yield % Chart

Akshar Spintex Annual Data
	Trend	Mar15	Mar16	Mar17	Mar18	Mar19	Mar20	Mar21	Mar22	Mar23	Mar24
Dividend Yield %		Get a 7-Day Free Trial					-	-	-	-	0.38

Akshar Spintex Quarterly Data
	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Dividend Yield %	Get a 7-Day Free Trial															-	-	0.38	0.32	0.33

Competitive Comparison of Akshar Spintex's Dividend Yield %

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 Dividend Yield % Calculation

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

* 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 Trailing Annual Dividend Yield (%) for Today is calculated as

Current Share Price is ₹0.75.
Akshar Spintex's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹0.005509.

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

Current Share Price is ₹0.75.
Akshar Spintex's Dividends per Share for the forward twelve months is calculated as ₹ * = ₹.

* 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  (BOM:541303) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.

Akshar Spintex Dividend Yield % Related Terms

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Akshar Spintex Business Description