Lloyds Enterprises Ltd Dividend 2024 : Should Lloyds Enterprises Ltd be a part of your dividend portfolio?
Lloyds Enterprises Ltd is one of the most popular Industrials company in the world with a market capitalisation of ₹4,185.30Cr. Its share price is ₹32.90 as on 18 April,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Lloyds Enterprises Ltd gave ₹0.30 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 Lloyds Enterprises Ltd pays dividends to reward its shareholders.
In the quarter ending March 2023, Lloyds Enterprises Ltd has declared dividend of ₹0.10 - translating a dividend yield of 0.91%.
Let's look at Lloyds Enterprises Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Lloyds Enterprises Ltd’s revenue were ₹387.61Cr in the quarter ending December 2023. The revenue grew by 532.21% year on year basis since last quarter.
Lloyds Enterprises Ltd’s profits were ₹59.80Cr in the quarter ending December 2023. The profits grew by 721.43% year on year basis since last quarter.
Lloyds Enterprises Ltd’s dividend was ₹0.10 in the quarter ending March 2023.