Lakshmi Engineering & Warehousing Ltd Dividend 2024 : Should Lakshmi Engineering & Warehousing Ltd be a part of your dividend portfolio?
Lakshmi Engineering & Warehousing Ltd is one of the most popular Industrials company in the world with a market capitalisation of ₹158.28Cr. Its share price is ₹2,355 as on 21 December,2024.The dividend is a percentage of earnings paid out to shareholders. Last year, Lakshmi Engineering & Warehousing 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 Engineering & Warehousing Ltd pays dividends to reward its shareholders.
In the quarter ending March 2024, Lakshmi Engineering & Warehousing Ltd has declared dividend of ₹12 - translating a dividend yield of 0.93%.
Let's look at Lakshmi Engineering & Warehousing Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Lakshmi Engineering & Warehousing 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 Engineering & Warehousing 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 Engineering & Warehousing Ltd’s dividend was ₹12 in the quarter ending March 2024.
Lakshmi Engineering & Warehousing Ltd Dividend related ratios:
Last dividend date: 23/05/2024
Current Dividend Yield: 0.93%
Annual dividend payment: ₹22
History of Lakshmi Engineering & Warehousing Ltd's Dividend payments