LAGNAM
Lagnam Spintex Ltd
₹156.95
Lagnam Spintex Ltd Dividend 2024 : Should Lagnam Spintex Ltd be a part of your dividend portfolio?
Lagnam Spintex Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹266.36Cr. Its share price is ₹156.95 as on 29 April,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Lagnam Spintex Ltd gave ₹1 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 Lagnam Spintex Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2022, Lagnam Spintex Ltd has declared dividend of ₹0.50 - translating a dividend yield of 0.64%.
Let's look at Lagnam Spintex Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Lagnam Spintex Ltd’s revenue were ₹149.82Cr in the quarter ending March 2024. The revenue grew by 65.71% year on year basis since last quarter.
- Lagnam Spintex Ltd’s profits were ₹7.30Cr in the quarter ending March 2024. The profits grew by 380.26% year on year basis since last quarter.
- Lagnam Spintex Ltd’s dividend was ₹0.50 in the quarter ending March 2022.
Lagnam Spintex Ltd Dividend related ratios:
- Last dividend date: 16/04/2022
- Current Dividend Yield: 0.64%
- Annual dividend payment: ₹1
History of Lagnam Spintex Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
20/06/2022 | CASH | ₹0.50 | 16/04/2022 | 21/06/2022 |
27/01/2022 | CASH | ₹0.50 | 15/01/2022 | 28/01/2022 |
15/07/2021 | CASH | ₹0.50 | 15/04/2021 | 16/07/2021 |
