LAXMIMACH
Lakshmi Machine Works Ltd
₹16,718.25
Lakshmi Machine Works Ltd Dividend 2024 : Should Lakshmi Machine Works Ltd be a part of your dividend portfolio?
Lakshmi Machine Works Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹17,907.65Cr. Its share price is ₹16,718.25 as on 25 April,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Lakshmi Machine Works Ltd gave ₹98.50 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 Lakshmi Machine Works Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2023, Lakshmi Machine Works Ltd has declared dividend of ₹98.50 - translating a dividend yield of 0.59%.
Let's look at Lakshmi Machine Works Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Lakshmi Machine Works Ltd’s revenue were ₹1,245.77Cr in the quarter ending December 2023. The revenuefell by -0.66% year on year basis since last quarter.
- Lakshmi Machine Works Ltd’s profits were ₹98.77Cr in the quarter ending December 2023. The profits fell by -12.59% year on year basis since last quarter.
- Lakshmi Machine Works Ltd’s dividend was ₹98.50 in the quarter ending March 2023.
Lakshmi Machine Works Ltd Dividend related ratios:
- Last dividend date: 24/05/2023
- Current Dividend Yield: 0.59%
- Annual dividend payment: ₹98.50
History of Lakshmi Machine Works Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
24/07/2023 | CASH | ₹98.50 | 24/05/2023 | 24/07/2023 |
15/07/2022 | CASH | ₹40 | 11/05/2022 | 18/07/2022 |
13/07/2021 | CASH | ₹10 | 24/05/2021 | 14/07/2021 |
16/07/2020 | CASH | ₹10 | 25/05/2020 | 18/07/2020 |
12/07/2019 | CASH | ₹35 | 20/05/2019 | 16/07/2019 |
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