JK Lakshmi Cement Limited Stock Dividends
JKLAKSHMI.NS pays dividends yearly. Last paid amount was ₹2.00 at Mar 09, 2024. As of today, dividend yield (TTM) is 0.224%.
Dividend Yield Range
AI Analysis of JKLAKSHMI.NS
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 0.224% |
|---|---|
| Frequency | Yearly |
| 1Y Growth | 0% |
| Payout Ratio | 0 |
| Amount Per Share | ₹2.00 |
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JK Lakshmi Cement Limited has not yet announced its next dividend date. Last payment date was: Mar 09, 2024.
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JKLAKSHMI Dividend Payout History
To ensure a understanding of JKLAKSHMI's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Feb 21, 2024 | Feb 21, 2024 | Mar 09, 2024 | ₹2.00 | 0.224% |
| 2 | Aug 04, 2022 | Aug 04, 2022 | Aug 04, 2022 | ₹5.00 | 1.09% |
| 3 | Aug 12, 2021 | Aug 12, 2021 | Aug 12, 2021 | ₹3.75 | 0.553% |
| 4 | Mar 04, 2020 | Mar 19, 2020 | Mar 27, 2020 | ₹2.50 | 1.25% |
| 5 | May 22, 2019 | Aug 22, 2019 | Sep 30, 2019 | ₹0.750 | 0.247% |
| 6 | May 16, 2018 | Aug 30, 2018 | Oct 07, 2018 | ₹0.750 | 0.270% |
| 7 | May 17, 2017 | Aug 30, 2017 | Oct 07, 2017 | ₹0.750 | 0.190% |
| 8 | May 18, 2016 | Aug 29, 2016 | Oct 07, 2016 | ₹0.250 | 0.0495% |
| 9 | May 15, 2015 | Sep 16, 2015 | Oct 26, 2015 | ₹2.00 | 0.535% |
| 10 | Aug 27, 2014 | Aug 27, 2014 | Aug 27, 2014 | ₹2.00 | 0.643% |
Dividend Sustainability
The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.
Sustainability score
Growth potential
JKLAKSHMI Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from JKLAKSHMI dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in JKLAKSHMI stock here.
Comparing JKLAKSHMI to Sector and Country
JKLAKSHMI.NS pays a solid dividend yield of 0.224%, which is higher than the average of the bottom 25% of dividend payers in the IN market (0.200%). JKLAKSHMI.NS’s dividend yield is lower than the average of the top 25% of dividend payers in the Basic Materials sector in the IN market (3.21%), which means that there are more attractive dividend stocks to consider.
