LGBBROSLTD
L G Balakrishnan & Bros Ltd
₹1,212
L G Balakrishnan & Bros Ltd Dividend 2023 : Should L G Balakrishnan & Bros Ltd be a part of your dividend portfolio?
L G Balakrishnan & Bros Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹3,794.24Cr. Its share price is ₹1,212 as on 11 December,2023.
The dividend is a percentage of earnings paid out to shareholders. Last year, L G Balakrishnan & Bros Ltd gave ₹31 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
- Consumer Cyclical stocks do not always pay a dividend but as L G Balakrishnan & Bros Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2023, L G Balakrishnan & Bros Ltd has declared dividend of ₹16 - translating a dividend yield of 2.56%.
Let's look at L G Balakrishnan & Bros Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- L G Balakrishnan & Bros Ltd’s revenue were ₹617.26Cr in the quarter ending September 2023. The revenue grew by 5.63% year on year basis since last quarter.
- L G Balakrishnan & Bros Ltd’s profits were ₹75.50Cr in the quarter ending September 2023. The profits grew by 12.52% year on year basis since last quarter.
- L G Balakrishnan & Bros Ltd’s dividend was ₹16 in the quarter ending March 2023.
L G Balakrishnan & Bros Ltd Dividend related ratios:
- Last dividend date: 29/04/2023
- Current Dividend Yield: 2.56%
- Annual dividend payment: ₹31
History of L G Balakrishnan & Bros Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
18/09/2023 | CASH | ₹16 | 29/04/2023 | 19/09/2023 |
17/08/2022 | CASH | ₹15 | 02/05/2022 | 19/08/2022 |
01/09/2021 | CASH | ₹10 | 10/06/2021 | 03/09/2021 |
05/03/2020 | CASH | ₹5 | 24/02/2020 | 06/03/2020 |
10/07/2019 | CASH | ₹5 | 29/04/2019 | 12/07/2019 |
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