Table of Contents

company-logo

Aksh Optifibre Limited designs, manufactures, and sells optical fiber cables in India. It operates through Manufacturing, Services, and Trading of Goods segments. The company offers optical fibers, including single mode and multimode; and a range of optical fiber cables, such as duct, steel and glass armored, fiber to the home (FTTH), aerial, indoor, and special application cables for various applications in telecommunication networks. It also provides cable reinforcement solutions comprising fiber and aramid reinforcement plastic rods, Teleglass water blocking yarns, and non -water blocking yarns/Teleglass SS; ophthalmic lens; network connectivity products consisting of work area outlet, patching, cross connect, and optical fiber systems, as well as patch cords, cable and cable assemblies, and support structures; and LED bulbs. In addition, the company offers various services, such as Internet protocol television services under the iControl brand; voice over Internet protocol services under the Pigeon brand name; and FTTH solutions for home owners, business owners, and property developers, as well as an integrated set of components, systems, engineering, and installations for turn-key projects. Further, it provides e-governance services under the 1 Stopaksh brand name. The company also exports its products to the United States, Europe, South America, CIS, Africa, the Middle East, and Asia. Aksh Optifibre Limited was incorporated in 1986 and is based in New Delhi, India.

Aksh Optifibre Dividend Announcement

• Aksh Optifibre announced a annually dividend of ₹0.30 per ordinary share which will be made payable on 2018-10-22. Ex dividend date: 2018-09-12
• Aksh Optifibre's trailing twelve-month (TTM) dividend yield is -%

Aksh Optifibre Dividend History

Ex-Div dateDividend amountDividend typePay date
2018-09-12₹0.30annually2018-10-22
2014-09-18₹0.25annually2014-10-27
2008-01-22₹0.50annually2008-03-01
2006-09-25₹1.75annually2006-10-12

Aksh Optifibre Dividend per year

Aksh Optifibre Dividend Yield

Aksh Optifibre current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Aksh Optifibre stock? Use our calculator to estimate your expected dividend yield:

Aksh Optifibre Financial Ratios

P/E ratio-2.22
PEG ratio-0.01
P/B ratio4.11
ROE-140.16%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00

Aksh Optifibre Dividend FAQ

Does Aksh Optifibre stock pay dividends?
Aksh Optifibre does not currently pay dividends to its shareholders.
Has Aksh Optifibre ever paid a dividend?
No, Aksh Optifibre has no a history of paying dividends to its shareholders. Aksh Optifibre is not known for its dividend payments.
Why doesn't Aksh Optifibre pay dividends?
There are several potential reasons why Aksh Optifibre would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Aksh Optifibre ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Aksh Optifibre has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Aksh Optifibre a dividend aristocrat?
Aksh Optifibre is not considered a Dividend Aristocrat. 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 Aksh Optifibre a dividend king?
Aksh Optifibre is not classified as a "Dividend King". 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 Aksh Optifibre a dividend stock?
No, Aksh Optifibre is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Aksh Optifibre stocks?
To buy Aksh Optifibre 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 and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Aksh Optifibre 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.