Has Akshar Spintex declared dividend?

Jun 06 2025 03:37 PM IST
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Akshar Spintex Ltd has declared a 1% dividend, amounting to ₹0.01 per share, with an ex-date of January 4, 2024. Despite this, the company has experienced significant price declines over various periods, with only the 5-year return showing a positive total return of 88.25%.
Akshar Spintex Ltd has declared a 1% dividend.

Dividend Details:
- Percentage announced: 1%
- Amount per share: 0.01
- Ex-date: 04 Jan 24

Dividend Yield: 0%

Total Returns by Period:
In the last 6 months, the price return was -15.49%, the dividend return was 0%, resulting in a total return of -15.49%.

Over the past year, the price return was -65.47%, the dividend return was 0%, leading to a total return of -65.47%.

In the 2-year period, the price return was -84.14%, with a dividend return of 0.29%, resulting in a total return of -83.85%.

For the 3-year period, the price return was -84.93%, the dividend return was 0.22%, culminating in a total return of -84.71%.

In the last 4 years, the price return was -9.11%, the dividend return was 1.69%, which gave a total return of -7.42%.

Over the past 5 years, the price return was 85.47%, with a dividend return of 2.78%, resulting in a total return of 88.25%.

Overall, while Akshar Spintex has declared a dividend, the total returns over various periods indicate significant declines in price, particularly in the shorter terms, with only the 5-year period showing a positive return. This suggests challenges in the company's performance despite the recent dividend declaration.
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