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Automotive Axles Limited manufactures and sells automotive components in India. It offers drive axles, front steer axles, defense axles, off-highway axles, non-drive axles, tandem axles, suspension products, drum brakes, and disc brakes, as well as gearing, integral brake to axle design, weight option designs and driver operated locks, and others. The company primarily serves original equipment manufacturers. It also exports its products to the United States, France, Italy, China, Brazil, and Australia. The company was incorporated in 1981 and is based in Mysore, India.

Automotive Axles Dividend Announcement

Automotive Axles announced a annually dividend of ₹32.00 per ordinary share which will be made payable on 2024-09-04. Ex dividend date: 2024-07-29
Automotive Axles annual dividend for 2024 was ₹32.00
Automotive Axles annual dividend for 2023 was ₹32.00
Automotive Axles's trailing twelve-month (TTM) dividend yield is 1.81%
Automotive Axles's dividend growth over the last five years (2018-2023) was 18.84% year
Automotive Axles's dividend growth over the last ten years (2013-2023) was 12.33% year

Automotive Axles Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-07-29₹32.00annually2024-09-04
2023-07-27₹32.00annually2023-09-01
2022-07-28₹15.00annually2022-09-03
2021-08-03₹4.50annually2021-09-09
2020-08-12₹0.80annually2020-09-17
2020-03-13₹6.00annually2020-03-20
2019-08-07₹19.50annually2019-09-12
2018-08-02₹13.50annually2018-09-11
2017-08-11₹8.00annually2017-09-17
2016-08-08₹5.50annually2016-09-09
2015-07-30₹1.00annually2015-09-03
2015-01-30₹2.50annually2015-03-05
2014-02-06₹2.00annually2014-03-10
2013-01-31₹10.00annually2013-03-06

Automotive Axles Dividend per year

Automotive Axles Dividend growth

Automotive Axles Dividend Yield

Automotive Axles current trailing twelve-month (TTM) dividend yield is 1.81%. Interested in purchasing Automotive Axles stock? Use our calculator to estimate your expected dividend yield:

Automotive Axles Financial Ratios

P/E ratio17.46
PEG ratio6.48
P/B ratio2.98
ROE17.81%
Payout ratio0.00%
Current ratio3.29
Quick ratio2.39
Cash Ratio0.09

Automotive Axles Dividend FAQ

How much is the next Automotive Axles dividend?
Automotive Axles's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Automotive Axles dividend. The next Automotive Axles dividend will be released in July.
When is Automotive Axles dividend paid?
Automotive Axles pays dividends on a annually basis. The specific dates may vary each year but are generally around July. 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 Automotive Axles pay?
The specific amount of Automotive Axles 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 Automotive Axles's dividend history.
Does Automotive Axles stock pay dividends?
Yes, Automotive Axles 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 Automotive Axles's dividend history.
How much dividend does Automotive Axles pay?
Automotive Axles paid ₹32.0 in 2024, ₹32.0 in 2023, ₹15.0 in 2022, ₹4.5 in 2021, and ₹6.8 in 2020.
How often does Automotive Axles pay dividends?
Automotive Axles 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 July.
What is Automotive Axles's dividend yield?
The current dividend yield for Automotive Axles is 1.81%. 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 Automotive Axles's exact dividend yield.
When does Automotive Axles go ex dividend?
Automotive Axles's ex-dividend date for the latest dividend was on 2024-07-29. Automotive Axles 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 Automotive Axles dividend paid?
Automotive Axles pays dividends on a annually basis, typically around July, but the exact dates can vary each year.
Will Automotive Axles 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 Automotive Axles 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 Automotive Axles dividend per share?
Automotive Axles paid ₹32.0 per share in 2024 and ₹32.0 per share in 2023. The amount of dividend per share that Automotive Axles 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 Automotive Axles 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 Automotive Axles 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 Automotive Axles a dividend stock?
Yes, Automotive Axles is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Automotive Axles a good dividend stock?
Whether Automotive Axles is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Automotive Axles has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Automotive Axles 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 Automotive Axles pay dividends monthly?
Automotive Axles typically pays dividends on a annually basis.
Does Automotive Axles pay dividends quarterly?
Automotive Axles currently pays dividends on a annually basis.
Has Automotive Axles ever paid a dividend?
Yes, Automotive Axles has a history of paying dividends to its shareholders. Automotive Axles is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Automotive Axles dividend stocks?
To buy Automotive Axles 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 Automotive Axles 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 Automotive Axles pay dividends 2024?
Automotive Axles pays dividends on a annually basis. 2024 dividend payments are in 2024-09-04. 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 Automotive Axles increase its dividend in 2024?
Decisions regarding Automotive Axles 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 Automotive Axles dividend overview you can look into the above table of dividend history.
How Automotive Axles dividend works?
The Automotive Axles 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 Automotive Axles's dividend process works:

1. Determination of Dividend: Automotive Axles'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, Automotive Axles 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, Automotive Axles 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 Automotive Axles 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 Automotive Axles dividends paid?
Automotive Axles dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Automotive Axles 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, Automotive Axles distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Automotive Axles 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 Automotive Axles pay dividends?
Automotive Axles 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 Automotive Axles pay dividends?
The general pattern is that Automotive Axles pays dividends around July. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Automotive Axles dividend safe?
The safety of Automotive Axles'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 Automotive Axles'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 Automotive Axles'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.