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 0.75%
• 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 0.75%. Interested in purchasing JK Lakshmi Cement stock? Use our calculator to estimate your expected dividend yield:
JK Lakshmi Cement Financial Ratios
P/E ratio28.45
PEG ratio-0.35
P/B ratio3.12
ROE11.10%
Payout ratio0.00%
Current ratio0.88
Quick ratio0.40
Cash Ratio0.08
JK Lakshmi Cement Dividend FAQ
How much is the next JK Lakshmi Cement dividend?
JK Lakshmi Cement's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next JK Lakshmi Cement dividend. The next JK Lakshmi Cement dividend will be released in August.
When is JK Lakshmi Cement dividend paid?
JK Lakshmi Cement pays dividends on a semi annually basis. The specific dates may vary each year but are generally around August. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does JK Lakshmi Cement pay?
The specific amount of JK Lakshmi Cement dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find JK Lakshmi Cement's dividend history.
Does JK Lakshmi Cement stock pay dividends?
Yes, JK Lakshmi Cement does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find JK Lakshmi Cement's dividend history.
How much dividend does JK Lakshmi Cement pay?
JK Lakshmi Cement paid ₹6.5 in 2024, ₹3.75 in 2023, ₹5.0 in 2022, ₹3.75 in 2021, and ₹2.5 in 2020.
How often does JK Lakshmi Cement pay dividends?
JK Lakshmi Cement typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around August.
What is JK Lakshmi Cement's dividend yield?
The current dividend yield for JK Lakshmi Cement is 0.75%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate JK Lakshmi Cement's exact dividend yield.
When does JK Lakshmi Cement go ex dividend?
JK Lakshmi Cement's ex-dividend date for the latest dividend was on 2024-08-09. JK Lakshmi Cement typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next JK Lakshmi Cement dividend paid?
JK Lakshmi Cement pays dividends on a semi annually basis, typically around August, but the exact dates can vary each year.
Will JK Lakshmi Cement increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether JK Lakshmi Cement will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is JK Lakshmi Cement dividend per share?
JK Lakshmi Cement paid ₹6.5 per share in 2024 and ₹3.75 per share in 2023. The amount of dividend per share that JK Lakshmi Cement pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is JK Lakshmi Cement a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is JK Lakshmi Cement a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is JK Lakshmi Cement a dividend stock?
Yes, JK Lakshmi Cement is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is JK Lakshmi Cement a good dividend stock?
Whether JK Lakshmi Cement is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. JK Lakshmi Cement has a history of paying regular dividends, which can make it attractive to income-focused investors.
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.
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.
Does JK Lakshmi Cement pay dividends monthly?
JK Lakshmi Cement typically pays dividends on a semi annually basis.
Does JK Lakshmi Cement pay dividends quarterly?
JK Lakshmi Cement currently pays dividends on a semi annually basis.
Has JK Lakshmi Cement ever paid a dividend?
Yes, JK Lakshmi Cement has a history of paying dividends to its shareholders. JK Lakshmi Cement is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy JK Lakshmi Cement dividend stocks?
To buy JK Lakshmi Cement you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy JK Lakshmi Cement stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy JK Lakshmi Cement stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does JK Lakshmi Cement pay dividends 2024?
JK Lakshmi Cement pays dividends on a semi annually basis. 2024 dividend payments are in 2024-09-22. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will JK Lakshmi Cement increase its dividend in 2024?
Decisions regarding JK Lakshmi Cement dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date JK Lakshmi Cement dividend overview you can look into the above table of dividend history.
How JK Lakshmi Cement dividend works?
The JK Lakshmi Cement dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how JK Lakshmi Cement's dividend process works:
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. 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.
How are JK Lakshmi Cement dividends paid?
JK Lakshmi Cement dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
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.
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.
How many times does JK Lakshmi Cement pay dividends?
JK Lakshmi Cement typically pays dividends on a semi annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does JK Lakshmi Cement pay dividends?
The general pattern is that JK Lakshmi Cement pays dividends around August. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is JK Lakshmi Cement dividend safe?
The safety of JK Lakshmi Cement's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
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.
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.