A. K. Capital Services Ltd. engages in provision of merchant banking services. It offers investment banking, broking and distribution, advisory services, financing, and structured finance products. The company was founded by Atul Kumar Mittal on October 5, 1993 and is headquartered in Mumbai, India.
A. K. Capital Services Dividend Announcement
• A. K. Capital Services announced a semi annually dividend of ₹8.00 per ordinary share which will be made payable on 2024-09-30. Ex dividend date: 2024-08-23
• A. K. Capital Services annual dividend for 2024 was ₹16.00
• A. K. Capital Services annual dividend for 2023 was ₹12.00
• A. K. Capital Services's trailing twelve-month (TTM) dividend yield is 1.37%
• A. K. Capital Services's payout ratio for the trailing twelve months (TTM) is 7.04%
• A. K. Capital Services's dividend growth over the last five years (2018-2023) was 14.87% year
• A. K. Capital Services's dividend growth over the last ten years (2013-2023) was 7.18% year
A. K. Capital Services Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-23 | ₹8.00 | semi annually | 2024-09-30 |
2024-02-22 | ₹8.00 | semi annually | |
2023-08-18 | ₹6.00 | semi annually | 2023-10-16 |
2023-02-20 | ₹6.00 | semi annually | 2023-03-09 |
2022-08-04 | ₹3.00 | semi annually | 2022-10-16 |
2022-02-15 | ₹5.00 | semi annually | 2022-03-05 |
2021-08-05 | ₹1.00 | semi annually | 2021-10-16 |
2021-02-04 | ₹5.00 | semi annually | 2021-02-25 |
2020-07-23 | ₹1.00 | semi annually | 2020-10-16 |
2020-03-18 | ₹5.00 | semi annually | 2020-04-04 |
2019-08-22 | ₹6.00 | semi annually | 2019-10-01 |
2018-08-09 | ₹6.00 | semi annually | 2018-10-01 |
2017-08-16 | ₹6.00 | semi annually | 2017-10-16 |
2016-09-09 | ₹6.00 | semi annually | |
2015-09-14 | ₹6.00 | semi annually | |
2014-09-16 | ₹6.00 | semi annually | |
2013-08-12 | ₹6.00 | semi annually |
A. K. Capital Services Dividend per year
A. K. Capital Services Dividend growth
A. K. Capital Services Dividend Yield
A. K. Capital Services current trailing twelve-month (TTM) dividend yield is 1.37%. Interested in purchasing A. K. Capital Services stock? Use our calculator to estimate your expected dividend yield:
A. K. Capital Services Financial Ratios
A. K. Capital Services Dividend FAQ
Other factors to consider when evaluating A. K. Capital Services as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: A. K. Capital Services's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, A. K. Capital Services publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, A. K. Capital Services distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from A. K. Capital Services are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: A. K. Capital Services sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, A. K. Capital Services distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: A. K. Capital Services declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of A. K. Capital Services's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review A. K. Capital Services's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.