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Lumax Auto Technologies Limited, together with its subsidiaries, manufactures and sells in automotive components in India. It offers integrated plastic modules; 2-wheeler chassis and swing arms; 3-wheeler trailing arms; 2/3 wheeler lighting products; gear shifters; sift towers; emission systems; seat frames; oxygen sensors; telematics products; antennas; on-board antennas; and electric devices and components. The company serves two, three, and four-wheeler commercial vehicle and off-road vehicle original equipment manufacturers. It also exports its products. The company was formerly known as Dhanesh Auto Electricals Limited and changed its name to Lumax Auto Technologies Limited in 2006. Lumax Auto Technologies Limited was incorporated in 1981 and is based in New Delhi, India.

Lumax Auto Technologies Dividend Announcement

Lumax Auto Technologies announced a semi annually dividend of ₹5.50 per ordinary share which will be made payable on 2024-10-26. Ex dividend date: 2024-09-09
Lumax Auto Technologies annual dividend for 2024 was ₹5.50
Lumax Auto Technologies annual dividend for 2023 was ₹9.00
Lumax Auto Technologies's trailing twelve-month (TTM) dividend yield is 1.09%
Lumax Auto Technologies's dividend growth over the last five years (2018-2023) was 35.10% year
Lumax Auto Technologies's dividend growth over the last ten years (2013-2023) was 4.14% year

Lumax Auto Technologies Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-09₹5.50semi annually2024-10-26
2023-08-10₹4.50semi annually2023-09-20
2023-08-07₹4.50semi annually
2022-07-08₹3.50semi annually2022-08-20
2021-08-20₹3.00semi annually2021-09-08
2020-08-19₹1.00semi annually2020-09-27
2020-03-05₹2.00semi annually2020-03-19
2019-08-14₹3.00semi annually2019-09-14
2018-08-09₹2.00semi annually2018-09-20
2017-08-09₹4.70semi annually2017-09-17
2016-03-17₹4.70semi annually2016-09-22
2015-08-12₹7.00semi annually
2014-07-15₹6.00semi annually2014-08-22
2013-08-14₹6.00semi annually2013-09-22

Lumax Auto Technologies Dividend per year

Lumax Auto Technologies Dividend growth

Lumax Auto Technologies Dividend Yield

Lumax Auto Technologies current trailing twelve-month (TTM) dividend yield is 1.09%. Interested in purchasing Lumax Auto Technologies stock? Use our calculator to estimate your expected dividend yield:

Lumax Auto Technologies Financial Ratios

P/E ratio22.10
PEG ratio0.22
P/B ratio4.11
ROE17.49%
Payout ratio0.00%
Current ratio1.08
Quick ratio0.86
Cash Ratio0.06

Lumax Auto Technologies Dividend FAQ

How much is the next Lumax Auto Technologies dividend?
Lumax Auto Technologies's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Lumax Auto Technologies dividend. The next Lumax Auto Technologies dividend will be released in August, or August.
When is Lumax Auto Technologies dividend paid?
Lumax Auto Technologies pays dividends on a semi annually basis. The specific dates may vary each year but are generally around August, and August. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Lumax Auto Technologies pay?
The specific amount of Lumax Auto Technologies dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Lumax Auto Technologies's dividend history.
Does Lumax Auto Technologies stock pay dividends?
Yes, Lumax Auto Technologies does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Lumax Auto Technologies's dividend history.
How much dividend does Lumax Auto Technologies pay?
Lumax Auto Technologies paid ₹5.5 in 2024, ₹9.0 in 2023, ₹3.5 in 2022, ₹3.0 in 2021, and ₹3.0 in 2020.
How often does Lumax Auto Technologies pay dividends?
Lumax Auto Technologies typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around August, and August.
What is Lumax Auto Technologies's dividend yield?
The current dividend yield for Lumax Auto Technologies is 1.09%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Lumax Auto Technologies's exact dividend yield.
When does Lumax Auto Technologies go ex dividend?
Lumax Auto Technologies's ex-dividend date for the latest dividend was on 2024-09-09. Lumax Auto Technologies typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Lumax Auto Technologies dividend paid?
Lumax Auto Technologies pays dividends on a semi annually basis, typically around August, or August, but the exact dates can vary each year.
Will Lumax Auto Technologies increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Lumax Auto Technologies will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Lumax Auto Technologies dividend per share?
Lumax Auto Technologies paid ₹5.5 per share in 2024 and ₹9.0 per share in 2023. The amount of dividend per share that Lumax Auto Technologies pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Lumax Auto Technologies a dividend aristocrat?
No, 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 Lumax Auto Technologies a dividend king?
No, 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 Lumax Auto Technologies a dividend stock?
Yes, Lumax Auto Technologies is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Lumax Auto Technologies a good dividend stock?
Whether Lumax Auto Technologies is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Lumax Auto Technologies has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Lumax Auto Technologies 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.
Does Lumax Auto Technologies pay dividends monthly?
Lumax Auto Technologies typically pays dividends on a semi annually basis.
Does Lumax Auto Technologies pay dividends quarterly?
Lumax Auto Technologies currently pays dividends on a semi annually basis.
Has Lumax Auto Technologies ever paid a dividend?
Yes, Lumax Auto Technologies has a history of paying dividends to its shareholders. Lumax Auto Technologies is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Lumax Auto Technologies dividend stocks?
To buy Lumax Auto Technologies 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, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Lumax Auto Technologies 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.
When does Lumax Auto Technologies pay dividends 2024?
Lumax Auto Technologies pays dividends on a semi annually basis. 2024 dividend payments are in 2024-10-26. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Lumax Auto Technologies increase its dividend in 2024?
Decisions regarding Lumax Auto Technologies dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Lumax Auto Technologies dividend overview you can look into the above table of dividend history.
How Lumax Auto Technologies dividend works?
The Lumax Auto Technologies dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Lumax Auto Technologies's dividend process works:

1. Determination of Dividend: Lumax Auto Technologies'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, Lumax Auto Technologies 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, Lumax Auto Technologies 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 Lumax Auto Technologies 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.
How are Lumax Auto Technologies dividends paid?
Lumax Auto Technologies dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Lumax Auto Technologies 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, Lumax Auto Technologies distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Lumax Auto Technologies 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.
How many times does Lumax Auto Technologies pay dividends?
Lumax Auto Technologies typically pays dividends on a semi annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Lumax Auto Technologies pay dividends?
The general pattern is that Lumax Auto Technologies pays dividends around August, and August. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Lumax Auto Technologies dividend safe?
The safety of Lumax Auto Technologies's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Lumax Auto Technologies'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 Lumax Auto Technologies'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.