Axtel Industries (BOM:523850) Dividend Payout Ratio : 1.82 (As of Mar. 2024)

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What is Axtel Industries Dividend Payout Ratio?

Axtel Industries's dividend payout ratio for the months ended in Mar. 2024 was 1.82.

The historical rank and industry rank for Axtel Industries's Dividend Payout Ratio or its related term are showing as below:

BOM:523850' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.18 Med: 0.32 Max: 0.64
Current: 0.45

During the past 13 years, the highest Dividend Payout Ratio of Axtel Industries was 0.64. The lowest was 0.18. And the median was 0.32.

BOM:523850's Dividend Payout Ratio is ranked worse than
65.93% of 1664 companies
in the Industrial Products industry
Industry Median: 0.33 vs BOM:523850: 0.45

As of today (2024-05-23), the Dividend Yield % of Axtel Industries is 1.62%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Axtel Industries was 4.44%. The lowest was 0.41%. And the median was 1.19%.

Axtel Industries's Dividends per Share for the months ended in Mar. 2024 was ₹6.00.

During the past 12 months, Axtel Industries's average Dividends Per Share Growth Rate was 350.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 44.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 21.70% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Axtel Industries was 44.20% per year. The lowest was -20.60% per year. And the median was 26.00% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Axtel Industries Dividend Payout Ratio Historical Data

The historical data trend for Axtel Industries's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Axtel Industries Dividend Payout Ratio Chart

Axtel Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Dividend Payout Ratio

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0.64

0.23

0.40

0.19

0.45

Axtel Industries Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Dividend Payout Ratio	Get a 7-Day Free Trial															-	0.91	-	-	1.82

Competitive Comparison of Axtel Industries's Dividend Payout Ratio

For the Specialty Industrial Machinery subindustry, Axtel Industries's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Axtel Industries's Dividend Payout Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Axtel Industries's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Axtel Industries's Dividend Payout Ratio falls into.

Axtel Industries Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Axtel Industries's Dividend Payout Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Mar. 2024 )	/	EPS without NRI (A: Mar. 2024 )
	=	9	/	19.89
	=	0.45

Axtel Industries's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Mar. 2024 )	/	EPS without NRI (Q: Mar. 2024 )
	=	6	/	3.29
	=	1.82

Axtel Industries (BOM:523850) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Axtel Industries Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Axtel Industries's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Axtel Industries (BOM:523850) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Axtel Industries Ltd (BOM:523850) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

Vadodara-Halol Highway, P.O. Baska, Plot No. 43/1, Village Nurpura, District Panchmahals, Halol, GJ, IND, 389350

Website

https://www.axtelindia.com

Axtel Industries Ltd is engaged in engineering process equipment for the food industry. The company is involved in turnkey systems, product development, and customer service. The business of the company operates in one segment that is Manufacturing Food Processing Instruments. The company derives revenue from the sale of machinery i.e. manufactured goods and related services. The product line of the company consists of solids handling, storage and discharge, sieving and straining, cleaning and grading, size reduction, mixing and blending, and specialized process equipment.

Axtel Industries (BOM:523850) Headlines

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