Alankit Limited provides in e-governance products and services in India. The company operates in two segments, E- Governance and Financial Activities. It accepts permanent account number (PAN) card applications; change in PAN particulars applications; and e-TDS/e-TCS/AIR/e-TBAF returns in electronic mode from corporate and non-corporate assesses, as well as digitizes paper returns filed with income tax department. The company is also involved in the enrolment, uploading of details, correction/ updation in Aadhaar, a unique identification number; and development of National Skills Registry, a fact sheet of credible, permanent and accessible information about each registered person. In addition, it offers GST Suvidha Provider, an end to end goods and services tax (GST) compliance solution provider; manpower consultancy services; business correspondent services; National InsurancePolicy Repository services to store insurance policies electronically; GST Billing Software that creates e-way bills, tax invoices, quotes, and others; online GST registration services; kiosk banking services; and PAN card correction services, as well as provides services to apply for new and duplicate PAN card. Further, the company engages in the distribution of card printers and accessories; and implementation and management of Paper to Follow Process for the cheque truncation system. Additionally, it operates Atal Pension Yojana to encourage people to save small amounts during their productive years, which will enable them to draw pension in the old age; and Recordxpert.com, a web-based health and wellness portal for scanning and digitization of medical records. The company was formerly known as Euro Finmart Limited and changed its name to Alankit Limited in September 2014. Alankit Limited was incorporated in 1989 and is based in New Delhi, India.
Alankit Dividend Announcement
• Alankit announced a quarterly dividend of ₹0.20 per ordinary share which will be made payable on 2022-10-29. Ex dividend date: 2022-09-21
• Alankit's trailing twelve-month (TTM) dividend yield is -%
Alankit Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2022-09-21 | ₹0.20 | quarterly | 2022-10-29 |
| 2022-08-04 | ₹0.20 | quarterly | |
| 2021-09-17 | ₹0.20 | quarterly | 2021-10-27 |
| 2020-08-20 | ₹0.20 | quarterly | 2020-09-28 |
| 2019-03-28 | ₹0.20 | quarterly | 2019-04-19 |
| 2018-02-21 | ₹0.20 | quarterly | 2018-03-12 |
| 2017-09-18 | ₹0.10 | quarterly | 2017-10-26 |
| 2017-08-21 | ₹0.10 | quarterly | |
| 2017-02-08 | ₹0.10 | quarterly | 2017-03-01 |
| 2016-07-28 | ₹0.20 | quarterly | 2016-09-07 |
| 2016-01-20 | ₹0.20 | quarterly | 2016-02-10 |
| 2015-07-31 | ₹1.00 | quarterly |
Alankit Dividend per year
Alankit Dividend growth
Alankit Dividend Yield
Alankit current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Alankit stock? Use our calculator to estimate your expected dividend yield:
Alankit Financial Ratios
P/E ratio22.96
PEG ratio0.31
P/B ratio2.02
ROE9.64%
Payout ratio0.00%
Current ratio1.60
Quick ratio1.55
Cash Ratio0.26
Alankit Dividend FAQ
How much is the next Alankit dividend?
Alankit's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Alankit dividend. The next Alankit dividend will be released in September.
When is Alankit dividend paid?
Alankit pays dividends on a quarterly 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 Alankit pay?
The specific amount of Alankit 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 Alankit's dividend history.
Does Alankit stock pay dividends?
Yes, Alankit 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 Alankit's dividend history.
How much dividend does Alankit pay?
Alankit paid ₹0.0 in 2024, ₹0.0 in 2023, ₹0.4 in 2022, ₹0.2 in 2021, and ₹0.2 in 2020.
How often does Alankit pay dividends?
Alankit typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around September.
What is Alankit's dividend yield?
The current dividend yield for Alankit is -%. 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 Alankit's exact dividend yield.
When does Alankit go ex dividend?
Alankit's ex-dividend date for the latest dividend was on 2022-09-21. Alankit 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 Alankit dividend paid?
Alankit pays dividends on a quarterly basis, typically around September, but the exact dates can vary each year.
Will Alankit 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 Alankit 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 Alankit dividend per share?
Alankit paid ₹0.0 per share in 2024 and ₹0.0 per share in 2023. The amount of dividend per share that Alankit 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 Alankit 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 Alankit 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 Alankit a dividend stock?
Yes, Alankit is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Alankit a good dividend stock?
Whether Alankit is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Alankit has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Alankit 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.
Other factors to consider when evaluating Alankit 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 Alankit pay dividends monthly?
Alankit typically pays dividends on a quarterly basis.
Does Alankit pay dividends quarterly?
Alankit currently pays dividends on a quarterly basis.
Has Alankit ever paid a dividend?
Yes, Alankit has a history of paying dividends to its shareholders. Alankit is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Alankit dividend stocks?
To buy Alankit 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 Alankit 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.
Place an order: Use the brokerage's trading platform to place an order to buy Alankit 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 Alankit pay dividends 2024?
Alankit pays dividends on a quarterly basis. 2024 dividend payments are in 2022-10-29. 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 Alankit increase its dividend in 2024?
Decisions regarding Alankit 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 Alankit dividend overview you can look into the above table of dividend history.
How Alankit dividend works?
The Alankit 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 Alankit's dividend process works:
1. Determination of Dividend: Alankit'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, Alankit 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, Alankit 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 Alankit 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. Determination of Dividend: Alankit'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, Alankit 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, Alankit 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 Alankit 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 Alankit dividends paid?
Alankit dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Alankit 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, Alankit distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Alankit 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.
1. Record Date: Alankit 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, Alankit distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Alankit 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 Alankit pay dividends?
Alankit typically pays dividends on a quarterly 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 Alankit pay dividends?
The general pattern is that Alankit 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 Alankit dividend safe?
The safety of Alankit'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 Alankit'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 Alankit'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.
To assess the safety of Alankit'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 Alankit'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.