Landmark Cars Ltd Dividend 2024 : Should Landmark Cars Ltd be a part of your dividend portfolio?
Landmark Cars Ltd is one of the most popular Retail company in the world with a market capitalisation of ₹2,430.46Cr. Its share price is ₹588.70 as on 7 September,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Landmark Cars Ltd gave ₹2.25 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Retail stocks do not always pay a dividend but as Landmark Cars Ltd pays dividends to reward its shareholders.
In the quarter ending March 2023, Landmark Cars Ltd has declared dividend of ₹2.25 - translating a dividend yield of 0.38%.
Let's look at Landmark Cars Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Landmark Cars Ltd’s revenue were ₹833.28Cr in the quarter ending June 2024. The revenue grew by 19.66% year on year basis since last quarter.
Landmark Cars Ltd’s profits were ₹3.18Cr in the quarter ending June 2024. The profits fell by -54.77% year on year basis since last quarter.
Landmark Cars Ltd’s dividend was ₹2.25 in the quarter ending March 2023.