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LAXMIMACH

Lakshmi Machine Works Ltd

₹17,585.80

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 ₹19,010.83Cr. Its share price is ₹17,585.80 as on 4 October,2024.

The dividend is a percentage of earnings paid out to shareholders. Last year, Lakshmi Machine Works Ltd gave ₹75 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 2024, Lakshmi Machine Works Ltd has declared dividend of ₹75 - translating a dividend yield of 0.43%.

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 ₹702.38Cr in the quarter ending June 2024. The revenuefell by -42.77% year on year basis since last quarter.
  • Lakshmi Machine Works Ltd’s profits were ₹11.02Cr in the quarter ending June 2024. The profits fell by -88.25% year on year basis since last quarter.
  • Lakshmi Machine Works Ltd’s dividend was ₹75 in the quarter ending March 2024.

Lakshmi Machine Works Ltd Dividend related ratios:

  • Last dividend date: 27/05/2024
  • Current Dividend Yield: 0.43%
  • Annual dividend payment: ₹75

History of Lakshmi Machine Works Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATE
24/07/2024
CASH
₹75
27/05/2024
24/07/2024
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
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Lakshmi Machine Works Ltd Dividend v/s Lakshmi Machine Works Ltd Share price

FAQs

Lakshmi Machine Works Ltd current market price is ₹17,585.80 per share

Lakshmi Machine Works Ltd has declared dividend worth ₹75 in the last year.

Lakshmi Machine Works Ltd has declared dividend worth ₹75 in the latest quarter.

Lakshmi Machine Works Ltd has declared dividend on 27/05/2024 of ₹75.

Lakshmi Machine Works Ltd has declared dividend 1 times of ₹75 in the current financial year (FY2024-2025)

Lakshmi Machine Works Ltd has declared dividend 1 times of ₹98.50 in the previous financial year (FY2023-2024)