Lancer Containers Lines Ltd

₹36.87

Lancer Containers Lines Ltd Dividend 2024 : Should Lancer Containers Lines Ltd be a part of your dividend portfolio?

Lancer Containers Lines Ltd is one of the most popular Industrials company in the world with a market capitalisation of ₹877.83Cr. Its share price is ₹36.87 as on 26 December,2024.The dividend is a percentage of earnings paid out to shareholders. Last year, Lancer Containers Lines Ltd gave ₹0.50 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 Lancer Containers Lines Ltd pays dividends to reward its shareholders.
In the quarter ending March 2021, Lancer Containers Lines Ltd has declared dividend of ₹0.50 - translating a dividend yield of 1.36%.

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

Lancer Containers Lines Ltd’s revenue were ₹209.27Cr in the quarter ending September 2024. The revenue grew by 22.61% year on year basis since last quarter.
Lancer Containers Lines Ltd’s profits were ₹14.78Cr in the quarter ending September 2024. The profits grew by 4.01% year on year basis since last quarter.
Lancer Containers Lines Ltd’s dividend was ₹0.50 in the quarter ending March 2021.

Lancer Containers Lines Ltd Dividend related ratios: