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Laxmi Organic Industries Ltd

₹262.99

Laxmi Organic Industries Ltd Dividend 2024 : Should Laxmi Organic Industries Ltd be a part of your dividend portfolio?

Laxmi Organic Industries Ltd is one of the most popular Basic Materials company in the world with a market capitalisation of ₹7,272.02Cr. Its share price is ₹262.99 as on 21 June,2024.

The dividend is a percentage of earnings paid out to shareholders. Last year, Laxmi Organic Industries Ltd gave ₹0.60 for the full year, but should it be a part of your investments that give good dividends?

Key Highlights

  • Basic Materials stocks do not always pay a dividend but as Laxmi Organic Industries Ltd pays dividends to reward its shareholders.
  • In the quarter ending March 2024, Laxmi Organic Industries Ltd has declared dividend of ₹0.60 - translating a dividend yield of 0.23%.

Let's look at Laxmi Organic Industries Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:

  • Laxmi Organic Industries Ltd’s revenue were ₹799.96Cr in the quarter ending March 2024. The revenue grew by 8.54% year on year basis since last quarter.
  • Laxmi Organic Industries Ltd’s profits were ₹44.31Cr in the quarter ending March 2024. The profits grew by 82.2% year on year basis since last quarter.
  • Laxmi Organic Industries Ltd’s dividend was ₹0.60 in the quarter ending March 2024.

Laxmi Organic Industries Ltd Dividend related ratios:

  • Last dividend date: 21/05/2024
  • Current Dividend Yield: 0.23%
  • Annual dividend payment: ₹0.60

Laxmi Organic Industries Ltd Dividend v/s Laxmi Organic Industries Ltd Share price

History of Laxmi Organic Industries Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATE
19/07/2024
CASH
₹0.60
21/05/2024
19/07/2024
21/07/2023
CASH
₹0.50
12/05/2023
21/07/2023
18/07/2022
CASH
₹0.70
05/05/2022
19/07/2022
14/07/2021
CASH
₹0.50
25/05/2021
15/07/2021

FAQs

Laxmi Organic Industries Ltd current market price is ₹262.99 per share

Laxmi Organic Industries Ltd has declared dividend worth ₹0.60 in the last year.

Laxmi Organic Industries Ltd has declared dividend worth ₹0.60 in the latest quarter.

Laxmi Organic Industries Ltd has declared dividend on 21/05/2024 of ₹0.60.

Laxmi Organic Industries Ltd has declared dividend 1 times of ₹0.60 in the current financial year (FY2024-2025)

Laxmi Organic Industries Ltd has declared dividend 1 times of ₹0.50 in the previous financial year (FY2023-2024)