LAXMICOT
Laxmi Cotspin Ltd
₹33.35
Laxmi Cotspin Ltd Dividend 2024 : Should Laxmi Cotspin Ltd be a part of your dividend portfolio?
Laxmi Cotspin Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹56.16Cr. Its share price is ₹33.35 as on 24 April,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Laxmi Cotspin Ltd gave ₹0.50 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 Laxmi Cotspin Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2018, Laxmi Cotspin Ltd has declared dividend of ₹0.50 - translating a dividend yield of 1.50%.
Let's look at Laxmi Cotspin Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Laxmi Cotspin Ltd’s revenue were ₹31.40Cr in the quarter ending December 2023. The revenue grew by 9.14% year on year basis since last quarter.
- Laxmi Cotspin Ltd’s profits were ₹-2.15Cr in the quarter ending December 2023. The profits grew by 61.4% year on year basis since last quarter.
- Laxmi Cotspin Ltd’s dividend was ₹0.50 in the quarter ending March 2018.
Laxmi Cotspin Ltd Dividend related ratios:
- Last dividend date: 23/05/2018
- Current Dividend Yield: 1.50%
- Annual dividend payment: ₹0.50
History of Laxmi Cotspin Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
02/08/2018 | CASH | ₹0.50 | 23/05/2018 | 06/08/2018 |
