Lehar Footwears Ltd. engages in the manufacture and sale of footwear under LEHAR brand. It produces light weight Hawai chappals, canvas shoes, PVC shoes, synthetic leather chappals, and fancy chappals. The company was founded by Mohan Lal Agarwal and Ramesh Chand Agarwal on March 31, 1994 and is headquartered in Jaipur, India.
Lehar Footwears Dividend Announcement
• Lehar Footwears announced a annually dividend of ₹0.30 per ordinary share which will be made payable on 2024-10-10. Ex dividend date: 2024-09-03
• Lehar Footwears annual dividend for 2024 was ₹0.30
• Lehar Footwears annual dividend for 2023 was ₹0.45
• Lehar Footwears's trailing twelve-month (TTM) dividend yield is 0.13%
Lehar Footwears Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-09-03 | ₹0.30 | annually | 2024-10-10 |
| 2023-09-20 | ₹0.25 | annually | 2023-10-27 |
| 2023-08-18 | ₹0.20 | annually | 2023-09-06 |
Lehar Footwears Dividend per year
Lehar Footwears Dividend Yield
Lehar Footwears current trailing twelve-month (TTM) dividend yield is 0.13%. Interested in purchasing Lehar Footwears stock? Use our calculator to estimate your expected dividend yield:
Lehar Footwears Financial Ratios
P/E ratio63.18
PEG ratio8.21
P/B ratio4.11
ROE6.98%
Payout ratio0.00%
Current ratio1.40
Quick ratio0.76
Cash Ratio0.03
Lehar Footwears Dividend FAQ
Does Lehar Footwears stock pay dividends?
Lehar Footwears does not currently pay dividends to its shareholders.
Has Lehar Footwears ever paid a dividend?
No, Lehar Footwears has no a history of paying dividends to its shareholders. Lehar Footwears is not known for its dividend payments.
Why doesn't Lehar Footwears pay dividends?
There are several potential reasons why Lehar Footwears 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.
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 Lehar Footwears 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 Lehar Footwears 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 Lehar Footwears a dividend aristocrat?
Lehar Footwears 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 Lehar Footwears a dividend king?
Lehar Footwears 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 Lehar Footwears a dividend stock?
No, Lehar Footwears 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 Lehar Footwears stocks?
To buy Lehar Footwears 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 Lehar Footwears 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 Lehar Footwears 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.