505302
Lakshmi Automatic Loom Works Ltd
₹1,900
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 ₹127.79Cr. Its share price is ₹1,900 as on 2 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 1.05%.
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 ₹4.65Cr in the quarter ending December 2023. The revenue grew by 26.02% year on year basis since last quarter.
- Lakshmi Automatic Loom Works Ltd’s profits were ₹0.56Cr in the quarter ending December 2023. The profits grew by 21.74% 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: 1.05%
- Annual dividend payment: ₹20
History of Lakshmi Automatic Loom Works Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
02/08/2023 | CASH | ₹10 | 25/05/2023 | 03/08/2023 |
02/08/2022 | CASH | ₹10 | 26/05/2022 | 04/08/2022 |
