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Ashok Leyland Limited Stock Dividends Overview

ASHOKLEY.NS pays dividends yearly. Last paid amount was ₹4.95 at Apr 23, 2024. As of today, dividend yield (TTM) is 6.00%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 6.00%
Frequency Yearly
1Y Growth 90.38%
Payout Ratio 0
Amount Per Share ₹4.95
Ashok Leyland Limited has not yet announced its next dividend date. Last payment date was: Apr 23, 2024.

ASHOKLEY Dividend Payout History

To ensure a understanding of ASHOKLEY's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.


# Declaration Date Ex-Date Pay Date Amount Yield
1 Apr 03, 2024 Apr 03, 2024 Apr 23, 2024 ₹4.95 2.83%
2 Jul 07, 2023 Jul 07, 2023 Jul 07, 2023 ₹2.60 1.59%
3 Jul 06, 2023 Jul 06, 2023 Jul 06, 2023 ₹2.60 1.57%
4 Jul 14, 2022 Jul 14, 2022 Jul 14, 2022 ₹1.00 0.706%
5 Aug 31, 2021 Aug 31, 2021 Aug 31, 2021 ₹0.600 0.489%
6 Mar 04, 2020 Mar 19, 2020 Mar 26, 2020 ₹0.500 1.17%
7 Jul 23, 2019 Jul 23, 2019 Jul 23, 2019 ₹3.10 4.13%
8 Jul 10, 2018 Jul 10, 2018 Jul 10, 2018 ₹2.43 1.81%
9 Jul 09, 2018 Jul 09, 2018 Jul 09, 2018 ₹2.43 1.86%
10 May 25, 2017 Jul 11, 2017 Aug 14, 2017 ₹1.56 1.49%

Dividend Sustainability

The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.

Sustainability score

Low (50.00%)

Growth potential

Stable (15.53%)

ASHOKLEY Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from ASHOKLEY dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in ASHOKLEY stock here.

Comparing ASHOKLEY to Sector and Country

ASHOKLEY.NS pays a solid dividend yield of 6.00%, which is higher than the average of the bottom 25% of dividend payers in the IN market (0.208%). ASHOKLEY.NS’s dividend yield is higher than the average of the top 25% of dividend payers in the Industrials sector in the IN market (2.18%).

FAQ

What factors can affect the amount of ASHOKLEY.NS's dividend payments?
The amount of ASHOKLEY.NS's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in ASHOKLEY.NS sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from ASHOKLEY.NS stock be automatically reinvested?
If ASHOKLEY.NS offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy ASHOKLEY.NS stock.

How often does ASHOKLEY.NS pay dividend?
Ashok Leyland Limited (ASHOKLEY.NS) pays dividends yearly. The most recent payout was on Apr 23, 2024.

How much does ASHOKLEY.NS pays per share?
The last recorder (Apr 03, 2024) dividend per share was ₹4.95.

What is ASHOKLEY.NS dividend growth rate?
Over the last year, Ashok Leyland Limited has witnessed growth rate of 90.38% . Looking back over the past 3 years, this growth rate has been 102.06%. Furthermore, examining the past 5 years, Ashok Leyland Limited has maintained an average Dividends Per Share Growth Rate of 9.81%.
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About Ashok Leyland Limited

Ashok Leyland Limited Ashok Leyland Limited, together with its subsidiaries, manufactures and sells commercial vehicles in India and internationally. The company offers city, inter-city, school and college, staff, tourist, stage carrier, and airport shuttle buses; haulage and ICV distribution trucks, as well as tractors and tippers; light and small commercial vehicles, goods carriers, and passenger vehicles; and defense vehicles comprising logistics, high mobility, ar... ASHOKLEY.NS Profile

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