LUMAXIND
Lumax Industries Ltd
₹2,457.95
Lumax Industries Ltd Dividend 2024 : Should Lumax Industries Ltd be a part of your dividend portfolio?
Lumax Industries Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹2,280.04Cr. Its share price is ₹2,457.95 as on 23 April,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Lumax Industries Ltd gave ₹27 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 Lumax Industries Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2023, Lumax Industries Ltd has declared dividend of ₹27 - translating a dividend yield of 1.10%.
Let's look at Lumax Industries Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Lumax Industries Ltd’s revenue were ₹644.96Cr in the quarter ending December 2023. The revenue grew by 8.96% year on year basis since last quarter.
- Lumax Industries Ltd’s profits were ₹25.58Cr in the quarter ending December 2023. The profits fell by -13.41% year on year basis since last quarter.
- Lumax Industries Ltd’s dividend was ₹27 in the quarter ending March 2023.
Lumax Industries Ltd Dividend related ratios:
- Last dividend date: 27/05/2023
- Current Dividend Yield: 1.10%
- Annual dividend payment: ₹27
History of Lumax Industries Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
10/08/2023 | CASH | ₹27 | 27/05/2023 | 11/08/2023 |
08/07/2022 | CASH | ₹13.50 | 24/05/2022 | 12/07/2022 |
20/08/2021 | CASH | ₹7 | 11/06/2021 | 24/08/2021 |
20/08/2020 | CASH | ₹6 | 18/06/2020 | 22/08/2020 |
24/03/2020 | CASH | ₹17.50 | 16/03/2020 | 26/03/2020 |
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