Landmark Cars Ltd Dividend 2024 : Should Landmark Cars Ltd be a part of your dividend portfolio?
Landmark Cars Ltd is one of the most popular Retail company in the world with a market capitalisation of ₹2,660.42Cr. Its share price is ₹648.15 as on 26 July,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Landmark Cars Ltd gave ₹2.25 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Retail stocks do not always pay a dividend but as Landmark Cars Ltd pays dividends to reward its shareholders.
In the quarter ending March 2023, Landmark Cars Ltd has declared dividend of ₹2.25 - translating a dividend yield of 0.35%.
Let's look at Landmark Cars Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Landmark Cars Ltd’s revenue were ₹866.68Cr in the quarter ending March 2024. The revenue grew by 1.15% year on year basis since last quarter.
Landmark Cars Ltd’s profits were ₹10.58Cr in the quarter ending March 2024. The profits fell by -56.03% year on year basis since last quarter.
Landmark Cars Ltd’s dividend was ₹2.25 in the quarter ending March 2023.