LXCHEM
Laxmi Organic Industries Ltd
₹242.40
Laxmi Organic Industries Ltd Dividend 2024 : Should Laxmi Organic Industries Ltd be a part of your dividend portfolio?
Laxmi Organic Industries Ltd is one of the most popular Basic Materials company in the world with a market capitalisation of ₹6,720.60Cr. Its share price is ₹242.40 as on 26 December,2024.The dividend is a percentage of earnings paid out to shareholders. Last year, Laxmi Organic Industries Ltd gave ₹0.60 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
- Basic Materials stocks do not always pay a dividend but as Laxmi Organic Industries Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2024, Laxmi Organic Industries Ltd has declared dividend of ₹0.60 - translating a dividend yield of 0.25%.
Let's look at Laxmi Organic Industries Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Laxmi Organic Industries Ltd’s revenue were ₹777.91Cr in the quarter ending September 2024. The revenue grew by 17.78% year on year basis since last quarter.
- Laxmi Organic Industries Ltd’s profits were ₹28.09Cr in the quarter ending September 2024. The profits grew by 162.28% year on year basis since last quarter.
- Laxmi Organic Industries Ltd’s dividend was ₹0.60 in the quarter ending March 2024.
Laxmi Organic Industries Ltd Dividend related ratios:
- Last dividend date: 21/05/2024
- Current Dividend Yield: 0.25%
- Annual dividend payment: ₹0.60
History of Laxmi Organic Industries Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
19/07/2024 | CASH | ₹0.60 | 21/05/2024 | 19/07/2024 |
21/07/2023 | CASH | ₹0.50 | 12/05/2023 | 21/07/2023 |
18/07/2022 | CASH | ₹0.70 | 05/05/2022 | 19/07/2022 |
14/07/2021 | CASH | ₹0.50 | 25/05/2021 | 15/07/2021 |
