JK Lakshmi Cement Limited, together with its subsidiaries, manufactures and supplies cement in India. It offers Portland Pozzolana cement, and ordinary Portland cement under the JK LAKSHMI CEMENT and JK Lakshmi PRO+ Cement brand names for the construction of buildings, independent houses, hotels, bridges, airports, dams, etc. The company also provides composite and other cement under the Platinum Heavy Duty Cement, JKLC Sixer Cement, Platinum Supremo Cement, and Super Sixer Weather Guard Cement brand names. It offers ready mix concrete under the JK Lakshmi Power Mix name; autoclaved aerated concrete blocks under the JK SmartBlox name; gypsum plaster products under the JK Lakshmiplast name; gypsum-based plaster products under JK Lakshmiplast GypGold; wall putty under the JK Lakshmiplast Smart Wall Putty; white portland cement under the JK Lakshmi Smart White Cement name; concrete binding and water proofing agents under the name Brahmastra; and ready-to-mix jointing material for joining AAC blocks, fly ash bricks, concrete blocks etc. under the JK Smartbond Mortar brand name. The company markets its products through a network of dealers. JK Lakshmi Cement Limited was incorporated in 1938 and is based in New Delhi, India.
JK Lakshmi Cement Dividend Announcement
• JK Lakshmi Cement announced a semi annually dividend of ₹4.50 per ordinary share which will be made payable on 2024-09-22. Ex dividend date: 2024-08-09
• JK Lakshmi Cement annual dividend for 2024 was ₹6.50
• JK Lakshmi Cement annual dividend for 2023 was ₹3.75
• JK Lakshmi Cement's trailing twelve-month (TTM) dividend yield is 0.85%
• JK Lakshmi Cement's dividend growth over the last five years (2018-2023) was 37.97% year
• JK Lakshmi Cement's dividend growth over the last ten years (2013-2023) was 4.14% year
JK Lakshmi Cement Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-09 | ₹4.50 | semi annually | 2024-09-22 |
2024-02-21 | ₹2.00 | semi annually | |
2023-08-11 | ₹3.75 | semi annually | 2023-09-23 |
2022-08-04 | ₹5.00 | semi annually | 2022-09-16 |
2021-08-12 | ₹3.75 | semi annually | 2021-09-25 |
2020-03-19 | ₹2.50 | semi annually | 2020-04-12 |
2019-08-22 | ₹0.75 | semi annually | 2019-09-30 |
2018-08-30 | ₹0.75 | semi annually | 2018-10-07 |
2017-08-30 | ₹0.75 | semi annually | 2017-10-07 |
2016-08-29 | ₹0.25 | semi annually | 2016-10-07 |
2015-09-16 | ₹2.00 | semi annually | 2015-10-26 |
2014-08-27 | ₹2.00 | semi annually | |
2013-07-25 | ₹2.50 | semi annually | 2013-09-01 |
JK Lakshmi Cement Dividend per year
JK Lakshmi Cement Dividend growth
JK Lakshmi Cement Dividend Yield
JK Lakshmi Cement current trailing twelve-month (TTM) dividend yield is 0.85%. Interested in purchasing JK Lakshmi Cement stock? Use our calculator to estimate your expected dividend yield:
JK Lakshmi Cement Financial Ratios
JK Lakshmi Cement Dividend FAQ
Other factors to consider when evaluating JK Lakshmi Cement as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: JK Lakshmi Cement's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, JK Lakshmi Cement publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, JK Lakshmi Cement distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from JK Lakshmi Cement are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: JK Lakshmi Cement sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, JK Lakshmi Cement distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: JK Lakshmi Cement declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of JK Lakshmi Cement's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review JK Lakshmi Cement's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.