Lakshmi Mills Company Ltd

₹7,100

Lakshmi Mills Company Ltd Dividend 2024 : Should Lakshmi Mills Company Ltd be a part of your dividend portfolio?

Lakshmi Mills Company Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹497.57Cr. Its share price is ₹7,100 as on 21 December,2024.The dividend is a percentage of earnings paid out to shareholders. Last year, Lakshmi Mills Company Ltd gave ₹9 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 Lakshmi Mills Company Ltd pays dividends to reward its shareholders.
In the quarter ending March 2023, Lakshmi Mills Company Ltd has declared dividend of ₹9 - translating a dividend yield of 0.13%.

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

Lakshmi Mills Company Ltd’s revenue were ₹77.26Cr in the quarter ending September 2024. The revenue grew by 30.07% year on year basis since last quarter.
Lakshmi Mills Company Ltd’s profits were ₹1.14Cr in the quarter ending September 2024. The profits grew by 133.53% year on year basis since last quarter.
Lakshmi Mills Company Ltd’s dividend was ₹9 in the quarter ending March 2023.

Lakshmi Mills Company Ltd Dividend related ratios:

Last dividend date: 29/05/2023
Current Dividend Yield: 0.13%
Annual dividend payment: ₹9

History of Lakshmi Mills Company Ltd's Dividend payments

Ex/EFF DATE	TYPE	CASH AMOUNT	DECLARATION DATE	RECORD DATE
14/09/2023	CASH	₹9	29/05/2023	15/09/2023
01/09/2022	CASH	₹25	20/05/2022	03/09/2022
16/09/2021	CASH	₹15	28/06/2021	18/09/2021
04/09/2019	CASH	₹5	22/05/2019	06/09/2019
11/09/2018	CASH	₹9	18/05/2018	14/09/2018