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Lakshmi Finance & Industrial Corporation Limited, a non-banking finance company, invests in equity shares and mutual funds in India. The company was formerly known as The Andhra Bank Ltd. and changed its name to Lakshmi Finance & Industrial Corporation Limited in April 1980. Lakshmi Finance & Industrial Corporation Limited was incorporated in 1923 and is based in Hyderabad, India.

Lakshmi Finance & Industrial Dividend Announcement

Lakshmi Finance & Industrial announced a annually dividend of ₹2.50 per ordinary share which will be made payable on 2024-09-21. Ex dividend date: 2024-08-14
Lakshmi Finance & Industrial annual dividend for 2024 was ₹2.50
Lakshmi Finance & Industrial annual dividend for 2023 was ₹2.00
Lakshmi Finance & Industrial's trailing twelve-month (TTM) dividend yield is 0.8%
Lakshmi Finance & Industrial's dividend growth over the last five years (2018-2023) was -12.94% year

Lakshmi Finance & Industrial Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-08-14₹2.50annually2024-09-21
2023-08-01₹2.00annually2023-09-08
2022-09-21₹3.00annually2022-10-28
2021-08-17₹3.00annually2021-09-25
2020-08-20₹2.00annually2020-09-28
2019-08-01₹2.50annually2019-09-08
2018-08-02₹4.00annually2018-09-09
2017-07-20₹3.50annually2017-08-27
2016-08-03₹3.50annually
2015-08-05₹3.00annually2015-11-01
2013-07-26₹1.20annually2013-09-02
2012-08-06₹1.50annually2012-09-12

Lakshmi Finance & Industrial Dividend per year

Lakshmi Finance & Industrial Dividend growth

Lakshmi Finance & Industrial Dividend Yield

Lakshmi Finance & Industrial current trailing twelve-month (TTM) dividend yield is 0.8%. Interested in purchasing Lakshmi Finance & Industrial stock? Use our calculator to estimate your expected dividend yield:

Lakshmi Finance & Industrial Financial Ratios

P/E ratio7.54
PEG ratio0.20
P/B ratio1.67
ROE24.39%
Payout ratio0.00%
Current ratio186.99
Quick ratio1523.45
Cash Ratio186.99

Lakshmi Finance & Industrial Dividend FAQ

How much is the next Lakshmi Finance & Industrial dividend?
Lakshmi Finance & Industrial'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 Finance & Industrial dividend. The next Lakshmi Finance & Industrial dividend will be released in August.
When is Lakshmi Finance & Industrial dividend paid?
Lakshmi Finance & Industrial 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 Finance & Industrial pay?
The specific amount of Lakshmi Finance & Industrial 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 Finance & Industrial's dividend history.
Does Lakshmi Finance & Industrial stock pay dividends?
Yes, Lakshmi Finance & Industrial 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 Finance & Industrial's dividend history.
How much dividend does Lakshmi Finance & Industrial pay?
Lakshmi Finance & Industrial paid ₹2.5 in 2024, ₹2.0 in 2023, ₹3.0 in 2022, ₹3.0 in 2021, and ₹2.0 in 2020.
How often does Lakshmi Finance & Industrial pay dividends?
Lakshmi Finance & Industrial 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 Finance & Industrial's dividend yield?
The current dividend yield for Lakshmi Finance & Industrial is 0.8%. 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 Finance & Industrial's exact dividend yield.
When does Lakshmi Finance & Industrial go ex dividend?
Lakshmi Finance & Industrial's ex-dividend date for the latest dividend was on 2024-08-14. Lakshmi Finance & Industrial 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 Finance & Industrial dividend paid?
Lakshmi Finance & Industrial pays dividends on a annually basis, typically around August, but the exact dates can vary each year.
Will Lakshmi Finance & Industrial 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 Finance & Industrial 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 Finance & Industrial dividend per share?
Lakshmi Finance & Industrial paid ₹2.5 per share in 2024 and ₹2.0 per share in 2023. The amount of dividend per share that Lakshmi Finance & Industrial 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 Finance & Industrial 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 Finance & Industrial 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 Finance & Industrial a dividend stock?
Yes, Lakshmi Finance & Industrial is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Lakshmi Finance & Industrial a good dividend stock?
Whether Lakshmi Finance & Industrial 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 Finance & Industrial has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Lakshmi Finance & Industrial 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 Finance & Industrial pay dividends monthly?
Lakshmi Finance & Industrial typically pays dividends on a annually basis.
Does Lakshmi Finance & Industrial pay dividends quarterly?
Lakshmi Finance & Industrial currently pays dividends on a annually basis.
Has Lakshmi Finance & Industrial ever paid a dividend?
Yes, Lakshmi Finance & Industrial has a history of paying dividends to its shareholders. Lakshmi Finance & Industrial is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Lakshmi Finance & Industrial dividend stocks?
To buy Lakshmi Finance & Industrial 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 Finance & Industrial 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 Finance & Industrial pay dividends 2024?
Lakshmi Finance & Industrial pays dividends on a annually basis. 2024 dividend payments are in 2024-09-21. 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 Finance & Industrial increase its dividend in 2024?
Decisions regarding Lakshmi Finance & Industrial 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 Finance & Industrial dividend overview you can look into the above table of dividend history.
How Lakshmi Finance & Industrial dividend works?
The Lakshmi Finance & Industrial 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 Finance & Industrial's dividend process works:

1. Determination of Dividend: Lakshmi Finance & Industrial'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 Finance & Industrial 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 Finance & Industrial 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 Finance & Industrial 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 Finance & Industrial dividends paid?
Lakshmi Finance & Industrial dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Lakshmi Finance & Industrial 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 Finance & Industrial 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 Finance & Industrial 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 Finance & Industrial pay dividends?
Lakshmi Finance & Industrial 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 Finance & Industrial pay dividends?
The general pattern is that Lakshmi Finance & Industrial 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 Finance & Industrial dividend safe?
The safety of Lakshmi Finance & Industrial'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 Finance & Industrial'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 Finance & Industrial'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.