Lancer Containers Lines Ltd Dividend 2024 : Should Lancer Containers Lines Ltd be a part of your dividend portfolio?
Lancer Containers Lines Ltd is one of the most popular Industrials company in the world with a market capitalisation of ₹1,567.37Cr. Its share price is ₹67.70 as on 3 May,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Lancer Containers Lines Ltd gave ₹0.50 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 Lancer Containers Lines Ltd pays dividends to reward its shareholders.
In the quarter ending March 2021, Lancer Containers Lines Ltd has declared dividend of ₹0.50 - translating a dividend yield of 0.74%.
Let's look at Lancer Containers Lines Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Lancer Containers Lines Ltd’s revenue were ₹154.51Cr in the quarter ending December 2023. The revenuefell by -13.25% year on year basis since last quarter.
Lancer Containers Lines Ltd’s profits were ₹14.05Cr in the quarter ending December 2023. The profits grew by 3.16% year on year basis since last quarter.
Lancer Containers Lines Ltd’s dividend was ₹0.50 in the quarter ending March 2021.
Lancer Containers Lines Ltd Dividend related ratios: