LXCHEM
Laxmi Organic Industries Ltd
₹288.45
Laxmi Organic Industries Ltd Dividend 2023 : 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 ₹7,715.01Cr. Its share price is ₹288.45 as on 21 September,2023.
The dividend is a percentage of earnings paid out to shareholders. Last year, Laxmi Organic Industries Ltd gave ₹0.50 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 2023, Laxmi Organic Industries Ltd has declared dividend of ₹0.50 - translating a dividend yield of 0.17%.
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 ₹737.53Cr in the quarter ending June 2023. The revenuefell by -2.79% year on year basis since last quarter.
- Laxmi Organic Industries Ltd’s profits were ₹38.33Cr in the quarter ending June 2023. The profits fell by -40.51% year on year basis since last quarter.
- Laxmi Organic Industries Ltd’s dividend was ₹0.50 in the quarter ending March 2023.
Laxmi Organic Industries Ltd Dividend related ratios:
- Last dividend date: 12/05/2023
- Current Dividend Yield: 0.17%
- Annual dividend payment: ₹0.50
History of Laxmi Organic Industries Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
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 |
