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Lakshmi Machine Works Limited Stock Dividends Overview

LAXMIMACH.BO pays dividends yearly. Last paid amount was ₹98.50 at Aug 30, 2023. As of today, dividend yield (TTM) is 0.699%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 0.699%
Frequency Yearly
1Y Growth 0%
Payout Ratio 0
Amount Per Share ₹98.50
Next Ex-Dividend Date Jul 24, 2024
Next Payment Date Aug 30, 2024

Upcoming Dividend Payment

To receive the upcoming dividend from LAXMIMACH the purchase should be done within the next 28 days.
Here's a simple guide on how to buy LAXMIMACH stock.

LAXMIMACH Dividend Payout History

To ensure a understanding of LAXMIMACH'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.


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jul 24, 2024 Jul 24, 2024 Aug 30, 2024 ₹75.00 0.461%
2 Jul 24, 2023 Jul 24, 2023 Aug 30, 2023 ₹98.50 0.699%
3 Jul 15, 2022 Jul 15, 2022 Aug 10, 2022 ₹40.00 0.378%
4 Jul 28, 2017 Jul 28, 2017 Sep 06, 2017 ₹35.00 0.580%
5 Jul 27, 2016 Jul 27, 2016 Jul 27, 2016 ₹40.00 1.08%
6 Jul 31, 2015 Jul 31, 2015 Jul 31, 2015 ₹37.50 1.05%
7 Jul 30, 2014 Jul 30, 2014 Jul 30, 2014 ₹30.00 0.792%
8 Jul 30, 2013 Jul 30, 2013 Jul 30, 2013 ₹20.00 1.12%
9 Jul 30, 2012 Jul 30, 2012 Jul 30, 2012 ₹50.00 3.20%
10 Jul 29, 2011 Jul 29, 2011 Jul 29, 2011 ₹30.00 1.38%

Dividend Sustainability

With a moderate Dividend Sustainability Score (DSS), the company may sustain its dividends, but continuous monitoring is advised for any financial shifts. However, its Dividend Growth Potential Score (DGPS) is only moderate, indicating limited growth potential. On the whole, the dividend outlook remains neutral, meriting close observation of both the company's financial health and growth prospects.

Sustainability score

average (74.45%)

Growth potential

Increase likely (54.90%)

LAXMIMACH Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from LAXMIMACH 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 LAXMIMACH stock here.

FAQ

What factors can affect the amount of LAXMIMACH.BO's dividend payments?
The amount of LAXMIMACH.BO's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in LAXMIMACH.BO sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from LAXMIMACH.BO stock be automatically reinvested?
If LAXMIMACH.BO offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy LAXMIMACH.BO stock.

How often does LAXMIMACH.BO pay dividend?
Lakshmi Machine Works Limited (LAXMIMACH.BO) pays dividends yearly. The most recent payout was on Aug 30, 2023. The upcoming dividend Ex Date is Jul 24, 2024, with an amount of ₹75.00.

How much does LAXMIMACH.BO pays per share?
The last recorder (Jul 24, 2023) dividend per share was ₹98.50.

What is LAXMIMACH.BO dividend growth rate?
Over the last year, Lakshmi Machine Works Limited has witnessed growth rate of 0% . Looking back over the past 3 years, this growth rate has been 35.04%. Furthermore, examining the past 5 years, Lakshmi Machine Works Limited has maintained an average Dividends Per Share Growth Rate of 19.75%.
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