Axita Cotton Dividend
Dividend criteria checks 2/6
Axita Cotton is a dividend paying company with a current yield of 0.87% that is well covered by earnings.
Key information
0.9%
Dividend yield
29%
Payout ratio
| Industry average yield | 0.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹0.150 |
| Earnings per share | ₹0.52 |
| Dividend yield forecast | n/a |
Recent dividend updates
Recent updates
Axita Cotton Limited's (NSE:AXITA) Shares Leap 25% Yet They're Still Not Telling The Full Story
Jul 31
Should You Be Adding Axita Cotton (NSE:AXITA) To Your Watchlist Today?
Jul 25We Think You Should Be Aware Of Some Concerning Factors In Axita Cotton's (NSE:AXITA) Earnings
May 01Axita Cotton Limited (NSE:AXITA) Stock's 26% Dive Might Signal An Opportunity But It Requires Some Scrutiny
Feb 13Axita Cotton Limited (NSE:AXITA) Stock Rockets 27% But Many Are Still Ignoring The Company
Dec 20Robust Earnings May Not Tell The Whole Story For Axita Cotton (NSE:AXITA)
May 06Market Participants Recognise Axita Cotton Limited's (NSE:AXITA) Earnings Pushing Shares 40% Higher
Jul 22Stability and Growth of Payments
Fetching dividends data
Stable Dividend: AXITA has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: AXITA's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| Axita Cotton Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (AXITA) | 0.9% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.0% |
| Industry Average (Luxury) | 0.4% |
| Analyst forecast (AXITA) (up to 3 years) | n/a |
Notable Dividend: AXITA's dividend (0.87%) is higher than the bottom 25% of dividend payers in the Indian market (0.24%).
High Dividend: AXITA's dividend (0.87%) is low compared to the top 25% of dividend payers in the Indian market (1.04%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (28.5%), AXITA's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: AXITA is paying a dividend but the company has no free cash flows.