Akshar Spintex Dividends and Buybacks
Dividend criteria checks 4/6
Akshar Spintex is a dividend paying company with a current yield of 1.32% that is well covered by earnings.
Key information
1.3%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 174.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹0.010 |
| Payout ratio | 8% |
Recent dividend and buyback updates
Recent updates
Not Many Are Piling Into Akshar Spintex Limited (NSE:AKSHAR) Stock Yet As It Plummets 32%
Aug 24
Positive Sentiment Still Eludes Akshar Spintex Limited (NSE:AKSHAR) Following 27% Share Price Slump
Mar 19Does Akshar Spintex (NSE:AKSHAR) Have A Healthy Balance Sheet?
Feb 09Why We're Not Concerned Yet About Akshar Spintex Limited's (NSE:AKSHAR) 29% Share Price Plunge
Dec 27After Leaping 29% Akshar Spintex Limited (NSE:AKSHAR) Shares Are Not Flying Under The Radar
Jul 03Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether AKSHAR's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if AKSHAR's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Akshar Spintex Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (AKSHAR) | 1.3% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Luxury) | 0.5% |
| Analyst forecast (AKSHAR) (up to 3 years) | n/a |
Notable Dividend: AKSHAR's dividend (1.32%) is higher than the bottom 25% of dividend payers in the Indian market (0.24%).
High Dividend: AKSHAR's dividend (1.32%) is in the top 25% of dividend payers in the Indian market (1.11%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (7.8%), AKSHAR's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (85.7%), AKSHAR's dividend payments are covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 12:48 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Akshar Spintex Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|