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Loyal Textile Mills Ltd

₹524.90

Loyal Textile Mills Ltd Dividend 2024 : Should Loyal Textile Mills Ltd be a part of your dividend portfolio?

Loyal Textile Mills Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹262.11Cr. Its share price is ₹524.90 as on 7 October,2024.

The dividend is a percentage of earnings paid out to shareholders. Last year, Loyal Textile Mills Ltd gave ₹10 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 Loyal Textile Mills Ltd pays dividends to reward its shareholders.
  • In the quarter ending March 2022, Loyal Textile Mills Ltd has declared dividend of ₹10 - translating a dividend yield of 1.91%.

Let's look at Loyal Textile Mills Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:

  • Loyal Textile Mills Ltd’s revenue were ₹228.49Cr in the quarter ending December 2023. The revenuefell by -22.27% year on year basis since last quarter.
  • Loyal Textile Mills Ltd’s profits were ₹-2.18Cr in the quarter ending December 2023. The profits grew by 87.81% year on year basis since last quarter.
  • Loyal Textile Mills Ltd’s dividend was ₹10 in the quarter ending March 2022.

Loyal Textile Mills Ltd Dividend related ratios:

  • Last dividend date: 31/05/2022
  • Current Dividend Yield: 1.91%
  • Annual dividend payment: ₹10

History of Loyal Textile Mills Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATE
14/09/2022
CASH
₹10
31/05/2022
16/09/2022
16/09/2021
CASH
₹7.50
24/05/2021
18/09/2021
18/09/2019
CASH
₹1.50
30/05/2019
20/09/2019
18/09/2018
CASH
₹5
25/05/2018
21/09/2018
20/09/2017
CASH
₹10
30/05/2017
22/09/2017
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Loyal Textile Mills Ltd Dividend v/s Loyal Textile Mills Ltd Share price

FAQs

Loyal Textile Mills Ltd current market price is ₹524.90 per share

Loyal Textile Mills Ltd has declared dividend worth ₹10 in the latest quarter.

Loyal Textile Mills Ltd has declared dividend on 31/05/2022 of ₹10.