Lakshmi Automatic Loom Works Ltd logo

505302

Lakshmi Automatic Loom Works Ltd

₹2,050

Lakshmi Automatic Loom Works Ltd Dividend 2024 : Should Lakshmi Automatic Loom Works Ltd be a part of your dividend portfolio?

Lakshmi Automatic Loom Works Ltd is one of the most popular Industrials company in the world with a market capitalisation of ₹136.97Cr. Its share price is ₹2,050 as on 27 May,2024.

The dividend is a percentage of earnings paid out to shareholders. Last year, Lakshmi Automatic Loom Works Ltd gave ₹20 for the full year, but should it be a part of your investments that give good dividends?

Key Highlights

  • Industrials stocks do not always pay a dividend but as Lakshmi Automatic Loom Works Ltd pays dividends to reward its shareholders.
  • In the quarter ending March 2023, Lakshmi Automatic Loom Works Ltd has declared dividend of ₹10 - translating a dividend yield of 0.98%.

Let's look at Lakshmi Automatic Loom Works Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:

  • Lakshmi Automatic Loom Works Ltd’s revenue were ₹3.62Cr in the quarter ending March 2024. The revenuefell by -6.22% year on year basis since last quarter.
  • Lakshmi Automatic Loom Works Ltd’s profits were ₹0.45Cr in the quarter ending March 2024. The profits fell by -10% year on year basis since last quarter.
  • Lakshmi Automatic Loom Works Ltd’s dividend was ₹10 in the quarter ending March 2023.

Lakshmi Automatic Loom Works Ltd Dividend related ratios:

  • Last dividend date: 25/05/2023
  • Current Dividend Yield: 0.98%
  • Annual dividend payment: ₹20

Lakshmi Automatic Loom Works Ltd Dividend v/s Lakshmi Automatic Loom Works Ltd Share price

History of Lakshmi Automatic Loom Works Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATE
02/08/2023
CASH
₹10
25/05/2023
03/08/2023
02/08/2022
CASH
₹10
26/05/2022
04/08/2022

FAQs

Lakshmi Automatic Loom Works Ltd current market price is ₹2,050 per share

Lakshmi Automatic Loom Works Ltd has declared dividend worth ₹10 in the latest quarter.

Lakshmi Automatic Loom Works Ltd has declared dividend on 25/05/2023 of ₹10.

Lakshmi Automatic Loom Works Ltd has declared dividend 1 times of ₹10 in the previous financial year (FY2023-2024)