Lehar Footwears Ltd Dividend 2023 : Should Lehar Footwears Ltd be a part of your dividend portfolio?
Lehar Footwears Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹245.24Cr. Its share price is ₹164 as on 24 September,2023.
The dividend is a percentage of earnings paid out to shareholders. Last year, Lehar Footwears Ltd gave ₹0.45 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 Lehar Footwears Ltd pays dividends to reward its shareholders.
In the quarter ending June 2023, Lehar Footwears Ltd has declared dividend of ₹0.20 - translating a dividend yield of 0.27%.
Let's look at Lehar Footwears Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Lehar Footwears Ltd’s revenue were ₹18.35Cr in the quarter ending December 2012. The revenue grew by 31.92% year on year basis since last quarter.
Lehar Footwears Ltd’s profits were ₹0.41Cr in the quarter ending December 2012. The profits grew by 7.89% year on year basis since last quarter.
Lehar Footwears Ltd’s dividend was ₹0.20 in the quarter ending June 2023.