LAGNAM

Lagnam Spintex Ltd

₹103.77

Lagnam Spintex Ltd Dividend 2024 : Should Lagnam Spintex Ltd be a part of your dividend portfolio?

Lagnam Spintex Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹183.35Cr. Its share price is ₹103.77 as on 21 February,2025.The dividend is a percentage of earnings paid out to shareholders. Last year, Lagnam Spintex Ltd gave ₹0.50 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 Lagnam Spintex Ltd pays dividends to reward its shareholders.
In the quarter ending March 2024, Lagnam Spintex Ltd has declared dividend of ₹0.50 - translating a dividend yield of 0.48%.

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

Lagnam Spintex Ltd’s revenue were ₹148.45Cr in the quarter ending December 2024. The revenue grew by 20.08% year on year basis since last quarter.
Lagnam Spintex Ltd’s profits were ₹2.35Cr in the quarter ending December 2024. The profits fell by -49.13% year on year basis since last quarter.
Lagnam Spintex Ltd’s dividend was ₹0.50 in the quarter ending March 2024.

Lagnam Spintex Ltd Dividend related ratios:

Last dividend date: 29/04/2024
Current Dividend Yield: 0.48%
Annual dividend payment: ₹0.50

History of Lagnam Spintex Ltd's Dividend payments

Ex/EFF DATE	TYPE	CASH AMOUNT	DECLARATION DATE	RECORD DATE
09/07/2024	CASH	₹0.50	29/04/2024	09/07/2024
20/06/2022	CASH	₹0.50	16/04/2022	21/06/2022
27/01/2022	CASH	₹0.50	15/01/2022	28/01/2022
15/07/2021	CASH	₹0.50	15/04/2021	16/07/2021