Akar Auto Industries Ltd. engages in the manufacture of automotive components. The firm also imports, exports and manufactures an array of Hand Tools, Automotive Tools, Forged components and Leaf Springs. The company was founded on June 21, 1989 and is headquartered in Aurangabad, India.
Akar Auto Industries Dividend Announcement
• Akar Auto Industries announced a annually dividend of ₹0.60 per ordinary share which will be made payable on 2024-10-30. Ex dividend date: 2024-09-23 • Akar Auto Industries annual dividend for 2024 was ₹0.60 • Akar Auto Industries annual dividend for 2023 was ₹0.50 • Akar Auto Industries's trailing twelve-month (TTM) dividend yield is 0.56%
Akar Auto Industries current trailing twelve-month (TTM) dividend yield is 0.56%. Interested in purchasing Akar Auto Industries stock? Use our calculator to estimate your expected dividend yield:
Akar Auto Industries Financial Ratios
P/E ratio19.61
PEG ratio2.42
P/B ratio2.59
ROE13.56%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00
Akar Auto Industries Dividend FAQ
How much is the next Akar Auto Industries dividend?
Akar Auto Industries's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Akar Auto Industries dividend. The next Akar Auto Industries dividend will be released in September.
When is Akar Auto Industries dividend paid?
Akar Auto Industries pays dividends on a annually basis. The specific dates may vary each year but are generally around September. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Akar Auto Industries pay?
The specific amount of Akar Auto Industries dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Akar Auto Industries's dividend history.
Does Akar Auto Industries stock pay dividends?
Yes, Akar Auto Industries does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Akar Auto Industries's dividend history.
How much dividend does Akar Auto Industries pay?
Akar Auto Industries paid ₹0.6 in 2024, ₹0.5 in 2023, ₹0.25 in 2022, ₹0.0 in 2021, and ₹0.0 in 2020.
How often does Akar Auto Industries pay dividends?
Akar Auto Industries typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around September.
What is Akar Auto Industries's dividend yield?
The current dividend yield for Akar Auto Industries is 0.56%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Akar Auto Industries's exact dividend yield.
When does Akar Auto Industries go ex dividend?
Akar Auto Industries's ex-dividend date for the latest dividend was on 2024-09-23. Akar Auto Industries typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Akar Auto Industries dividend paid?
Akar Auto Industries pays dividends on a annually basis, typically around September, but the exact dates can vary each year.
Will Akar Auto Industries increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Akar Auto Industries will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Akar Auto Industries dividend per share?
Akar Auto Industries paid ₹0.6 per share in 2024 and ₹0.5 per share in 2023. The amount of dividend per share that Akar Auto Industries pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Akar Auto Industries a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Akar Auto Industries a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Akar Auto Industries a dividend stock?
Yes, Akar Auto Industries is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Akar Auto Industries a good dividend stock?
Whether Akar Auto Industries is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Akar Auto Industries has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Akar Auto Industries 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.
Does Akar Auto Industries pay dividends monthly?
Akar Auto Industries typically pays dividends on a annually basis.
Does Akar Auto Industries pay dividends quarterly?
Akar Auto Industries currently pays dividends on a annually basis.
Has Akar Auto Industries ever paid a dividend?
Yes, Akar Auto Industries has a history of paying dividends to its shareholders. Akar Auto Industries is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Akar Auto Industries dividend stocks?
To buy Akar Auto Industries you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Akar Auto Industries stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Akar Auto Industries pay dividends 2024?
Akar Auto Industries pays dividends on a annually basis. 2024 dividend payments are in 2024-10-30. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Akar Auto Industries increase its dividend in 2024?
Decisions regarding Akar Auto Industries dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Akar Auto Industries dividend overview you can look into the above table of dividend history.
How Akar Auto Industries dividend works?
The Akar Auto Industries dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Akar Auto Industries's dividend process works:
1. Determination of Dividend: Akar Auto Industries'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, Akar Auto Industries 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, Akar Auto Industries 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 Akar Auto Industries 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.
How are Akar Auto Industries dividends paid?
Akar Auto Industries dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Akar Auto Industries 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, Akar Auto Industries distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Akar Auto Industries 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.
How many times does Akar Auto Industries pay dividends?
Akar Auto Industries typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Akar Auto Industries pay dividends?
The general pattern is that Akar Auto Industries pays dividends around September. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Akar Auto Industries dividend safe?
The safety of Akar Auto Industries's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Akar Auto Industries'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 Akar Auto Industries'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.