LOYALTEX
Loyal Textile Mills Ltd
₹581.05
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 ₹274.62Cr. Its share price is ₹581.05 as on 18 April,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 1.72%.
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: 1.72%
- Annual dividend payment: ₹10
History of Loyal Textile Mills Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD 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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