LOKESHMACH
Lokesh Machines Ltd
₹374.40
Lokesh Machines Ltd Dividend 2024 : Should Lokesh Machines Ltd be a part of your dividend portfolio?
Lokesh Machines Ltd is one of the most popular Industrials company in the world with a market capitalisation of ₹708.89Cr. Its share price is ₹374.40 as on 21 October,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Lokesh Machines Ltd gave ₹1 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
- Industrials stocks do not always pay a dividend but as Lokesh Machines Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2016, Lokesh Machines Ltd has declared dividend of ₹0.50 - translating a dividend yield of 0.27%.
Let's look at Lokesh Machines Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Lokesh Machines Ltd’s revenue were ₹63.02Cr in the quarter ending June 2024. The revenue grew by 24.32% year on year basis since last quarter.
- Lokesh Machines Ltd’s profits were ₹1.03Cr in the quarter ending June 2024. The profits grew by 35.53% year on year basis since last quarter.
- Lokesh Machines Ltd’s dividend was ₹0.50 in the quarter ending March 2016.
Lokesh Machines Ltd Dividend related ratios:
- Last dividend date: 28/05/2016
- Current Dividend Yield: 0.27%
- Annual dividend payment: ₹1
History of Lokesh Machines Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
22/09/2016 | CASH | ₹0.50 | 28/05/2016 | 24/09/2016 |
23/09/2015 | CASH | ₹0.50 | 31/05/2015 | 25/09/2015 |
