Lakshmi Automatic Loom Works Ltd. engages in the manufacture of spares and accessories for C type automatic weaving machines, circular knitting machines, and parts for machine tools. It operates through the Warehousing Rental Services and Engineering Services segments. The Warehousing Rental Services segment includes warehousing rental income on the land and buildings at Hosur. The company was founded in 1973 and is headquartered in Coimbatore, India.
Lakshmi Automatic Loom Works Dividend Announcement
• Lakshmi Automatic Loom Works announced a annually dividend of ₹12.00 per ordinary share which will be made payable on 2024-10-10. Ex dividend date: 2024-09-03 • Lakshmi Automatic Loom Works annual dividend for 2024 was ₹12.00 • Lakshmi Automatic Loom Works annual dividend for 2023 was ₹10.00 • Lakshmi Automatic Loom Works's trailing twelve-month (TTM) dividend yield is 0.53%
Lakshmi Automatic Loom Works current trailing twelve-month (TTM) dividend yield is 0.53%. Interested in purchasing Lakshmi Automatic Loom Works stock? Use our calculator to estimate your expected dividend yield:
Lakshmi Automatic Loom Works Financial Ratios
P/E ratio80.13
PEG ratio0.80
P/B ratio6.97
ROE8.91%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00
Lakshmi Automatic Loom Works Dividend FAQ
How much is the next Lakshmi Automatic Loom Works dividend?
Lakshmi Automatic Loom Works's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Lakshmi Automatic Loom Works dividend. The next Lakshmi Automatic Loom Works dividend will be released in August.
When is Lakshmi Automatic Loom Works dividend paid?
Lakshmi Automatic Loom Works pays dividends on a 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 Lakshmi Automatic Loom Works pay?
The specific amount of Lakshmi Automatic Loom Works 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 Lakshmi Automatic Loom Works's dividend history.
Does Lakshmi Automatic Loom Works stock pay dividends?
Yes, Lakshmi Automatic Loom Works 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 Lakshmi Automatic Loom Works's dividend history.
How much dividend does Lakshmi Automatic Loom Works pay?
Lakshmi Automatic Loom Works paid ₹12 in 2024, ₹10 in 2023, ₹10 in 2022, ₹0 in 2021, and ₹0 in 2020.
How often does Lakshmi Automatic Loom Works pay dividends?
Lakshmi Automatic Loom Works typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around August.
What is Lakshmi Automatic Loom Works's dividend yield?
The current dividend yield for Lakshmi Automatic Loom Works is 0.53%. 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 Lakshmi Automatic Loom Works's exact dividend yield.
When does Lakshmi Automatic Loom Works go ex dividend?
Lakshmi Automatic Loom Works's ex-dividend date for the latest dividend was on 2024-09-03. Lakshmi Automatic Loom Works 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 Lakshmi Automatic Loom Works dividend paid?
Lakshmi Automatic Loom Works pays dividends on a annually basis, typically around August, but the exact dates can vary each year.
Will Lakshmi Automatic Loom Works 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 Lakshmi Automatic Loom Works 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 Lakshmi Automatic Loom Works dividend per share?
Lakshmi Automatic Loom Works paid ₹12 per share in 2024 and ₹10 per share in 2023. The amount of dividend per share that Lakshmi Automatic Loom Works 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 Lakshmi Automatic Loom Works 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 Lakshmi Automatic Loom Works 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 Lakshmi Automatic Loom Works a dividend stock?
Yes, Lakshmi Automatic Loom Works is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Lakshmi Automatic Loom Works a good dividend stock?
Whether Lakshmi Automatic Loom Works is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Lakshmi Automatic Loom Works has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Lakshmi Automatic Loom Works 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 Lakshmi Automatic Loom Works pay dividends monthly?
Lakshmi Automatic Loom Works typically pays dividends on a annually basis.
Does Lakshmi Automatic Loom Works pay dividends quarterly?
Lakshmi Automatic Loom Works currently pays dividends on a annually basis.
Has Lakshmi Automatic Loom Works ever paid a dividend?
Yes, Lakshmi Automatic Loom Works has a history of paying dividends to its shareholders. Lakshmi Automatic Loom Works is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Lakshmi Automatic Loom Works dividend stocks?
To buy Lakshmi Automatic Loom Works 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 Lakshmi Automatic Loom Works 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 Lakshmi Automatic Loom Works pay dividends 2024?
Lakshmi Automatic Loom Works pays dividends on a annually basis. 2024 dividend payments are in 2024-10-10. 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 Lakshmi Automatic Loom Works increase its dividend in 2024?
Decisions regarding Lakshmi Automatic Loom Works 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 Lakshmi Automatic Loom Works dividend overview you can look into the above table of dividend history.
How Lakshmi Automatic Loom Works dividend works?
The Lakshmi Automatic Loom Works 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 Lakshmi Automatic Loom Works's dividend process works:
1. Determination of Dividend: Lakshmi Automatic Loom Works'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, Lakshmi Automatic Loom Works 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, Lakshmi Automatic Loom Works 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 Lakshmi Automatic Loom Works 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 Lakshmi Automatic Loom Works dividends paid?
Lakshmi Automatic Loom Works dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Lakshmi Automatic Loom Works 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, Lakshmi Automatic Loom Works distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Lakshmi Automatic Loom Works 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 Lakshmi Automatic Loom Works pay dividends?
Lakshmi Automatic Loom Works typically pays dividends on a 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 Lakshmi Automatic Loom Works pay dividends?
The general pattern is that Lakshmi Automatic Loom Works 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 Lakshmi Automatic Loom Works dividend safe?
The safety of Lakshmi Automatic Loom Works'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 Lakshmi Automatic Loom Works'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 Lakshmi Automatic Loom Works'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.