Lakshmi Electrical Control Systems Ltd. manufactures control panels and engineering plastic components. It serves for textile machinery, machine tools, energy saver-lighting, automatic power factor correction, compressor and many other applications. The company operates through the following business segments: Electricals, Plastics and Wind Power Generation. Lakshmi Electrical Control Systems was founded on December 3, 1981 and is headquartered in Coimbatore, India.
Lakshmi Electrical Control Systems Dividend Announcement
• Lakshmi Electrical Control Systems announced a annually dividend of ₹15.00 per ordinary share which will be made payable on 2024-08-09. Ex dividend date: 2024-08-02 • Lakshmi Electrical Control Systems annual dividend for 2024 was ₹15.00 • Lakshmi Electrical Control Systems annual dividend for 2023 was ₹22.00 • Lakshmi Electrical Control Systems's trailing twelve-month (TTM) dividend yield is 1.07% • Lakshmi Electrical Control Systems's dividend growth over the last five years (2018-2023) was 17.08% year • Lakshmi Electrical Control Systems's dividend growth over the last ten years (2013-2023) was 27.10% year
Lakshmi Electrical Control Systems Dividend History
Lakshmi Electrical Control Systems Dividend per year
Lakshmi Electrical Control Systems Dividend growth
Lakshmi Electrical Control Systems Dividend Yield
Lakshmi Electrical Control Systems current trailing twelve-month (TTM) dividend yield is 1.07%. Interested in purchasing Lakshmi Electrical Control Systems stock? Use our calculator to estimate your expected dividend yield:
Lakshmi Electrical Control Systems Financial Ratios
P/E ratio37.24
PEG ratio-1.90
P/B ratio1.22
ROE6.68%
Payout ratio0.00%
Current ratio2.51
Quick ratio1.77
Cash Ratio0.25
Lakshmi Electrical Control Systems Dividend FAQ
How much is the next Lakshmi Electrical Control Systems dividend?
Lakshmi Electrical Control Systems'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 Electrical Control Systems dividend. The next Lakshmi Electrical Control Systems dividend will be released in July.
When is Lakshmi Electrical Control Systems dividend paid?
Lakshmi Electrical Control Systems pays dividends on a annually basis. The specific dates may vary each year but are generally around July. 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 Electrical Control Systems pay?
The specific amount of Lakshmi Electrical Control Systems 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 Electrical Control Systems's dividend history.
Does Lakshmi Electrical Control Systems stock pay dividends?
Yes, Lakshmi Electrical Control Systems 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 Electrical Control Systems's dividend history.
How much dividend does Lakshmi Electrical Control Systems pay?
Lakshmi Electrical Control Systems paid ₹15.0 in 2024, ₹22.0 in 2023, ₹15.0 in 2022, ₹3.5 in 2021, and ₹0.5 in 2020.
How often does Lakshmi Electrical Control Systems pay dividends?
Lakshmi Electrical Control Systems 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 July.
What is Lakshmi Electrical Control Systems's dividend yield?
The current dividend yield for Lakshmi Electrical Control Systems is 1.07%. 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 Electrical Control Systems's exact dividend yield.
When does Lakshmi Electrical Control Systems go ex dividend?
Lakshmi Electrical Control Systems's ex-dividend date for the latest dividend was on 2024-08-02. Lakshmi Electrical Control Systems 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 Electrical Control Systems dividend paid?
Lakshmi Electrical Control Systems pays dividends on a annually basis, typically around July, but the exact dates can vary each year.
Will Lakshmi Electrical Control Systems 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 Electrical Control Systems 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 Electrical Control Systems dividend per share?
Lakshmi Electrical Control Systems paid ₹15.0 per share in 2024 and ₹22.0 per share in 2023. The amount of dividend per share that Lakshmi Electrical Control Systems 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 Electrical Control Systems 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 Electrical Control Systems 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 Electrical Control Systems a dividend stock?
Yes, Lakshmi Electrical Control Systems is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Lakshmi Electrical Control Systems a good dividend stock?
Whether Lakshmi Electrical Control Systems 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 Electrical Control Systems has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Lakshmi Electrical Control Systems 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 Electrical Control Systems pay dividends monthly?
Lakshmi Electrical Control Systems typically pays dividends on a annually basis.
Does Lakshmi Electrical Control Systems pay dividends quarterly?
Lakshmi Electrical Control Systems currently pays dividends on a annually basis.
Has Lakshmi Electrical Control Systems ever paid a dividend?
Yes, Lakshmi Electrical Control Systems has a history of paying dividends to its shareholders. Lakshmi Electrical Control Systems is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Lakshmi Electrical Control Systems dividend stocks?
To buy Lakshmi Electrical Control Systems 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 Electrical Control Systems 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 Electrical Control Systems pay dividends 2024?
Lakshmi Electrical Control Systems pays dividends on a annually basis. 2024 dividend payments are in 2024-08-09. 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 Electrical Control Systems increase its dividend in 2024?
Decisions regarding Lakshmi Electrical Control Systems 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 Electrical Control Systems dividend overview you can look into the above table of dividend history.
How Lakshmi Electrical Control Systems dividend works?
The Lakshmi Electrical Control Systems 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 Electrical Control Systems's dividend process works:
1. Determination of Dividend: Lakshmi Electrical Control Systems'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 Electrical Control Systems 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 Electrical Control Systems 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 Electrical Control Systems 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 Electrical Control Systems dividends paid?
Lakshmi Electrical Control Systems dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Lakshmi Electrical Control Systems 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 Electrical Control Systems 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 Electrical Control Systems 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 Electrical Control Systems pay dividends?
Lakshmi Electrical Control Systems 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 Electrical Control Systems pay dividends?
The general pattern is that Lakshmi Electrical Control Systems pays dividends around July. 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 Electrical Control Systems dividend safe?
The safety of Lakshmi Electrical Control Systems'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 Electrical Control Systems'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 Electrical Control Systems'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.