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Laxmi Cotspin Ltd Dividend History

Last updated: |
NSE: LAXMICOT|
Stock price: ₹12.89|
Share price & overview ↗

Latest Dividend

₹0.50

FY2018 · Final

Declared On

23/05/2018

announcement date

Ex-Date

02/08/2018

last ex-dividend date

Record Date

06/08/2018

eligibility cutoff

Dividend Yield

3.88%

as of 11 Sep 2026

History of Laxmi Cotspin Ltd's Dividend payments

Announcement DateEx-DateRecord DateTypeDividend / Share
23/05/2018
02/08/2018
06/08/2018
Final
₹0.50

FAQs

What is the latest dividend declared by Laxmi Cotspin Ltd?

Laxmi Cotspin Ltd declared a dividend of ₹0.50 per share on 23 May 2018, with a record date of 6 Aug 2018.

When will I receive the Laxmi Cotspin Ltd dividend?

To receive the Laxmi Cotspin Ltd dividend, you must hold LAXMICOT shares before the ex-date of 2 Aug 2018. Under T+1 settlement, buying on the ex-date itself makes you ineligible. The dividend is credited to your linked bank account within 30 days of the record date.

How often does Laxmi Cotspin Ltd pay dividend?

Laxmi Cotspin Ltd pays one dividend per financial year, typically declared after Q4 board meeting results.

Is Laxmi Cotspin Ltd a good stock for dividend income?

Laxmi Cotspin Ltd's current dividend yield is 0.00%. This is relatively low — Laxmi Cotspin Ltd is primarily a capital appreciation stock rather than a high-dividend one.

How much tax will I pay on Laxmi Cotspin Ltd dividend?

Dividends from Laxmi Cotspin Ltd are taxable as income from other sources at your applicable income tax slab rate. TDS at 10% is deducted at source if your total dividend income from Laxmi Cotspin Ltd exceeds ₹10,000 in a financial year. NRI investors are subject to 20% TDS or applicable DTAA rate. You can claim TDS credit when filing your ITR.