Lokesh Machines Limited manufactures and sells machine tools in India. The company operates in two segments, Machines Division and Component Division. It offers CNC machines, including CNC lathes, vertical and horizontal machining centers, drill and tap centers, turn mill centers, and vertical turning centers. The company also provides special purpose machines, such as linear transfer lines, rotary transfer machines, simplex milling, duplex milling, triplex milling, gang milling, gun drilling, multiway drilling, line boring, fine boring, and multiway boring machines. In addition, it offers automation products, such as gantry, robotic, and 4th axis automation products, as well as customized standard machines. Further, the company provides auto components consisting of cylinder blocks and heads, and connecting rods. It also exports its products to Japan, Germany, the Netherlands, Turkey, Italy, China, and the Middle East countries. The company was incorporated in 1983 and is based in Hyderabad, India.
Lokesh Machines Dividend Announcement
• Lokesh Machines announced a annually dividend of ₹0.50 per ordinary share which will be made payable on 2016-10-28. Ex dividend date: 2016-09-22
• Lokesh Machines's trailing twelve-month (TTM) dividend yield is -%
Lokesh Machines Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2016-09-22 | ₹0.50 | annually | 2016-10-28 |
2015-09-23 | ₹0.50 | annually | 2015-10-28 |
2014-09-23 | ₹0.50 | annually | 2014-10-30 |
2013-09-20 | ₹0.75 | annually | 2013-10-28 |
2012-09-21 | ₹0.50 | annually | 2012-10-29 |
2011-09-22 | ₹1.00 | annually | 2011-10-30 |
2010-09-17 | ₹1.00 | annually | 2010-10-28 |
2008-09-18 | ₹2.50 | annually | 2008-10-06 |
2007-09-18 | ₹1.00 | annually | |
2007-03-22 | ₹1.50 | annually | |
2006-09-18 | ₹1.00 | annually |
Lokesh Machines Dividend per year
Lokesh Machines Dividend growth
Lokesh Machines Dividend Yield
Lokesh Machines current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Lokesh Machines stock? Use our calculator to estimate your expected dividend yield:
Lokesh Machines Financial Ratios
Lokesh Machines Dividend FAQ
Other factors to consider when evaluating Lokesh Machines 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.
Place an order: Use the brokerage's trading platform to place an order to buy Lokesh Machines 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.
1. Determination of Dividend: Lokesh Machines'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, Lokesh Machines 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, Lokesh Machines 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 Lokesh Machines 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.
1. Record Date: Lokesh Machines 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, Lokesh Machines distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Lokesh Machines 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.
To assess the safety of Lokesh Machines'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 Lokesh Machines'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.