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 ₹666.90Cr. Its share price is ₹360.35 as on 2 December,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 0.28%.
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 ₹75.52Cr in the quarter ending September 2024. The revenuefell by -1.53% year on year basis since last quarter.
Lokesh Machines Ltd’s profits were ₹3.48Cr in the quarter ending September 2024. The profits grew by 5.78% 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: 0.28%
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
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