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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 0.22%

Lloyds Metals & Energy Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-08-13₹1.00annually2024-09-19
2022-08-04₹0.50annually2022-09-09

Lloyds Metals & Energy Dividend per year

Lloyds Metals & Energy Dividend Yield

Lloyds Metals & Energy current trailing twelve-month (TTM) dividend yield is 0.22%. Interested in purchasing Lloyds Metals & Energy stock? Use our calculator to estimate your expected dividend yield:

Lloyds Metals & Energy Financial Ratios

P/E ratio34.00
PEG ratio-0.43
P/B ratio16.90
ROE55.97%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00

Lloyds Metals & Energy Dividend FAQ

Does Lloyds Metals & Energy stock pay dividends?
Lloyds Metals & Energy does not currently pay dividends to its shareholders.
Has Lloyds Metals & Energy ever paid a dividend?
No, Lloyds Metals & Energy has no a history of paying dividends to its shareholders. Lloyds Metals & Energy is not known for its dividend payments.
Why doesn't Lloyds Metals & Energy pay dividends?
There are several potential reasons why Lloyds Metals & Energy 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 Lloyds Metals & Energy 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 Lloyds Metals & Energy 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 Lloyds Metals & Energy a dividend aristocrat?
Lloyds Metals & Energy 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 Lloyds Metals & Energy a dividend king?
Lloyds Metals & Energy 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 Lloyds Metals & Energy a dividend stock?
No, Lloyds Metals & Energy 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 Lloyds Metals & Energy stocks?
To buy Lloyds Metals & Energy 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 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.