Lakshmi Automatic Loom Works Ltd Dividend 2024 : Should Lakshmi Automatic Loom Works Ltd be a part of your dividend portfolio?
Lakshmi Automatic Loom Works Ltd is one of the most popular Industrials company in the world with a market capitalisation of ₹149Cr. Its share price is ₹2,170.05 as on 21 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Lakshmi Automatic Loom Works Ltd gave ₹22 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 Lakshmi Automatic Loom Works Ltd pays dividends to reward its shareholders.
In the quarter ending March 2024, Lakshmi Automatic Loom Works Ltd has declared dividend of ₹12 - translating a dividend yield of 1.01%.
Let's look at Lakshmi Automatic Loom Works Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Lakshmi Automatic Loom Works Ltd’s revenue were ₹3.56Cr in the quarter ending September 2024. The revenuefell by -13.17% year on year basis since last quarter.
Lakshmi Automatic Loom Works Ltd’s profits were ₹0.53Cr in the quarter ending September 2024. The profits fell by -10.17% year on year basis since last quarter.
Lakshmi Automatic Loom Works Ltd’s dividend was ₹12 in the quarter ending March 2024.
Lakshmi Automatic Loom Works Ltd Dividend related ratios:
Last dividend date: 23/05/2024
Current Dividend Yield: 1.01%
Annual dividend payment: ₹22
History of Lakshmi Automatic Loom Works Ltd's Dividend payments
Ex/EFF DATE
TYPE
CASH AMOUNT
DECLARATION DATE
RECORD DATE
03/09/2024
CASH
₹12
23/05/2024
04/09/2024
02/08/2023
CASH
₹10
25/05/2023
03/08/2023
02/08/2022
CASH
₹10
26/05/2022
04/08/2022
Lakshmi Automatic Loom Works Ltd Dividend v/s Lakshmi Automatic Loom Works Ltd Share price
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