LUMAXIND
Lumax Industries Ltd
₹2,228.60
Lumax Industries Ltd Dividend 2024 : Should Lumax Industries Ltd be a part of your dividend portfolio?
Lumax Industries Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹2,057.19Cr. Its share price is ₹2,228.60 as on 21 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Lumax Industries Ltd gave ₹62 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 Lumax Industries Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2024, Lumax Industries Ltd has declared dividend of ₹35 - translating a dividend yield of 2.78%.
Let's look at Lumax Industries Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Lumax Industries Ltd’s revenue were ₹834.26Cr in the quarter ending September 2024. The revenue grew by 26.62% year on year basis since last quarter.
- Lumax Industries Ltd’s profits were ₹28.28Cr in the quarter ending September 2024. The profits grew by 7.73% year on year basis since last quarter.
- Lumax Industries Ltd’s dividend was ₹35 in the quarter ending March 2024.
Lumax Industries Ltd Dividend related ratios:
- Last dividend date: 24/05/2024
- Current Dividend Yield: 2.78%
- Annual dividend payment: ₹62
History of Lumax Industries Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
09/09/2024 | CASH | ₹35 | 24/05/2024 | 09/09/2024 |
10/08/2023 | CASH | ₹27 | 27/05/2023 | 11/08/2023 |
08/07/2022 | CASH | ₹13.50 | 24/05/2022 | 12/07/2022 |
20/08/2021 | CASH | ₹7 | 11/06/2021 | 24/08/2021 |
20/08/2020 | CASH | ₹6 | 18/06/2020 | 22/08/2020 |
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