LFIC
Lakshmi Finance & Industrial Corporation Ltd
₹248.19
Lakshmi Finance & Industrial Corporation Ltd Dividend 2024 : Should Lakshmi Finance & Industrial Corporation Ltd be a part of your dividend portfolio?
Lakshmi Finance & Industrial Corporation Ltd is one of the most popular Financial Services company in the world with a market capitalisation of ₹74.46Cr. Its share price is ₹248.19 as on 8 September,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Lakshmi Finance & Industrial Corporation Ltd gave ₹6 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
- Financial Services stocks do not always pay a dividend but as Lakshmi Finance & Industrial Corporation Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2024, Lakshmi Finance & Industrial Corporation Ltd has declared dividend of ₹3.40 - translating a dividend yield of 2.42%.
Let's look at Lakshmi Finance & Industrial Corporation Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Lakshmi Finance & Industrial Corporation Ltd’s revenue were ₹6.77Cr in the quarter ending June 2024. The revenue grew by 65.93% year on year basis since last quarter.
- Lakshmi Finance & Industrial Corporation Ltd’s profits were ₹4.77Cr in the quarter ending June 2024. The profits grew by 79.32% year on year basis since last quarter.
- Lakshmi Finance & Industrial Corporation Ltd’s dividend was ₹3.40 in the quarter ending March 2024.
Lakshmi Finance & Industrial Corporation Ltd Dividend related ratios:
- Last dividend date: 27/05/2024
- Current Dividend Yield: 2.42%
- Annual dividend payment: ₹6
History of Lakshmi Finance & Industrial Corporation Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
14/08/2024 | CASH | ₹3.40 | 27/05/2024 | 15/08/2024 |
14/08/2024 | CASH | ₹0.60 | 27/05/2024 | 15/08/2024 |
01/08/2023 | CASH | ₹2 | 30/05/2023 | 02/08/2023 |
21/09/2022 | CASH | ₹3 | 26/05/2022 | 22/09/2022 |
17/08/2021 | CASH | ₹3 | 29/06/2021 | 19/08/2021 |
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