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LFIC

Lakshmi Finance & Industrial Corporation Ltd

₹185.35

Lakshmi Finance & Industrial Corporation Ltd Dividend 2024 : Should Lakshmi Finance & Industrial Corporation Ltd be a part of your dividend portfolio?

Lakshmi Finance & Industrial Corporation Ltd is one of the most popular Financial Services company in the world with a market capitalisation of ₹57.89Cr. Its share price is ₹185.35 as on 21 May,2024.

The dividend is a percentage of earnings paid out to shareholders. Last year, Lakshmi Finance & Industrial Corporation Ltd gave ₹2 for the full year, but should it be a part of your investments that give good dividends?

Key Highlights

  • Financial Services stocks do not always pay a dividend but as Lakshmi Finance & Industrial Corporation Ltd pays dividends to reward its shareholders.
  • In the quarter ending March 2023, Lakshmi Finance & Industrial Corporation Ltd has declared dividend of ₹2 - translating a dividend yield of 1.08%.

Let's look at Lakshmi Finance & Industrial Corporation Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:

  • Lakshmi Finance & Industrial Corporation Ltd’s revenue were ₹5.12Cr in the quarter ending December 2023. The revenue grew by 222.01% year on year basis since last quarter.
  • Lakshmi Finance & Industrial Corporation Ltd’s profits were ₹3.72Cr in the quarter ending December 2023. The profits grew by 279.59% year on year basis since last quarter.
  • Lakshmi Finance & Industrial Corporation Ltd’s dividend was ₹2 in the quarter ending March 2023.

Lakshmi Finance & Industrial Corporation Ltd Dividend related ratios:

  • Last dividend date: 30/05/2023
  • Current Dividend Yield: 1.08%
  • Annual dividend payment: ₹2

Lakshmi Finance & Industrial Corporation Ltd Dividend v/s Lakshmi Finance & Industrial Corporation Ltd Share price

History of Lakshmi Finance & Industrial Corporation Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATE
01/08/2023
CASH
₹2
30/05/2023
02/08/2023
21/09/2022
CASH
₹3
26/05/2022
22/09/2022
17/08/2021
CASH
₹3
29/06/2021
19/08/2021
20/08/2020
CASH
₹2
29/06/2020
22/08/2020
01/08/2019
CASH
₹2.50
27/05/2019
03/08/2019
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FAQs

Lakshmi Finance & Industrial Corporation Ltd current market price is ₹185.35 per share

Lakshmi Finance & Industrial Corporation Ltd has declared dividend worth ₹2 in the last year.

Lakshmi Finance & Industrial Corporation Ltd has declared dividend worth ₹2 in the latest quarter.

Lakshmi Finance & Industrial Corporation Ltd has declared dividend on 30/05/2023 of ₹2.

Lakshmi Finance & Industrial Corporation Ltd has declared dividend 1 times of ₹2 in the previous financial year (FY2023-2024)