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Landmark Cars Ltd. provides auto dealership services. It engages in dealerships with Mercedes-Benz, Honda, Jeep, Volkswagen, and Renault. It also caters to the commercial vehicle retail business. It operates through the Mass/Premium, and Luxury Segments. The Mass/Premium segment comprises of basic vehicles such as micro, mini, lower compact, and vans. The Luxury segment offers high end vehicles at high premium prices like Mercedes, BMW, Audi, Volvo, and JLR. The company was founded on February 23, 2006 and is headquartered in Mumbai, India.

Landmark Cars Dividend Announcement

• Landmark Cars announced a annually dividend of ₹1.50 per ordinary share which will be made payable on 2024-10-20. Ex dividend date: 2024-09-13
• Landmark Cars annual dividend for 2024 was ₹1.50
• Landmark Cars annual dividend for 2023 was ₹2.25
• Landmark Cars's trailing twelve-month (TTM) dividend yield is 0.24%

Landmark Cars Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-13₹1.50annually2024-10-20
2023-09-11₹2.25annually2023-10-18

Landmark Cars Dividend per year

Landmark Cars Dividend Yield

Landmark Cars current trailing twelve-month (TTM) dividend yield is 0.24%. Interested in purchasing Landmark Cars stock? Use our calculator to estimate your expected dividend yield:

Landmark Cars Financial Ratios

P/E ratio81.47
PEG ratio0.81
P/B ratio4.84
ROE6.04%
Payout ratio0.00%
Current ratio1.09
Quick ratio0.45
Cash Ratio0.03

Landmark Cars Dividend FAQ

Does Landmark Cars stock pay dividends?
Landmark Cars does not currently pay dividends to its shareholders.
Has Landmark Cars ever paid a dividend?
No, Landmark Cars has no a history of paying dividends to its shareholders. Landmark Cars is not known for its dividend payments.
Why doesn't Landmark Cars pay dividends?
There are several potential reasons why Landmark Cars would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Landmark Cars ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Landmark Cars has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Landmark Cars a dividend aristocrat?
Landmark Cars is not considered a Dividend Aristocrat. 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 Landmark Cars a dividend king?
Landmark Cars is not classified as a "Dividend King". 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 Landmark Cars a dividend stock?
No, Landmark Cars is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Landmark Cars stocks?
To buy Landmark Cars 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 and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Landmark Cars 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.