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 ₹59.38Cr. Its share price is ₹37.37 as on 11 October,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 1.34%.
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 ₹30.61Cr in the quarter ending June 2024. The revenuefell by -31.54% year on year basis since last quarter.
Laxmi Cotspin Ltd’s profits were ₹-3.49Cr in the quarter ending June 2024. The profits fell by -28.78% 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: 1.34%
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
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