Lloyds Metals and Energy Limited manufactures and sells sponge iron products in India. The company operates in three segments, Sponge Iron, Power, and Mining. It also offers direct sponge iron; and by-products, such as char, fly ash, ESP dust, bed materials, and iron ore fines. The company is involved in the generation and distribution of power. Lloyds Metals and Energy Limited was incorporated in 1977 and is based in Mumbai, India.
Lloyds Metals & Energy Dividend Announcement
• Lloyds Metals & Energy announced a annually dividend of ₹1.00 per ordinary share which will be made payable on 2024-09-19. Ex dividend date: 2024-08-13
• Lloyds Metals & Energy annual dividend for 2024 was ₹1.00
• Lloyds Metals & Energy's trailing twelve-month (TTM) dividend yield is 0.09%
Lloyds Metals & Energy Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-13 | ₹1.00 | annually | 2024-09-19 |
2022-08-04 | ₹0.50 | annually | 2022-09-09 |
Lloyds Metals & Energy Dividend per year
Lloyds Metals & Energy Dividend Yield
Lloyds Metals & Energy current trailing twelve-month (TTM) dividend yield is 0.09%. Interested in purchasing Lloyds Metals & Energy stock? Use our calculator to estimate your expected dividend yield:
Lloyds Metals & Energy Financial Ratios
Lloyds Metals & Energy Dividend FAQ
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.
Place an order: Use the brokerage's trading platform to place an order to buy Lloyds Metals & Energy 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.