Lumax Auto Technologies Limited Stock Dividends
LUMAXTECH.NS pays dividends yearly. Last paid amount was ₹4.50 at Aug 10, 2023. As of today, dividend yield (TTM) is 2.18%.
Dividend Yield Range
AI Analysis of LUMAXTECH.NS
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 2.18% |
|---|---|
| Frequency | Yearly |
| 1Y Growth | 0% |
| Payout Ratio | 0 |
| Amount Per Share | ₹4.50 |
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Lumax Auto Technologies Limited has not yet announced its next dividend date. Last payment date was: Aug 10, 2023.
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LUMAXTECH Dividend Payout History
To ensure a understanding of LUMAXTECH'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 | Aug 10, 2023 | Aug 10, 2023 | Aug 10, 2023 | ₹4.50 | 1.12% |
| 2 | Aug 07, 2023 | Aug 07, 2023 | Aug 07, 2023 | ₹4.50 | 1.06% |
| 3 | Jul 08, 2022 | Jul 08, 2022 | Jul 08, 2022 | ₹3.50 | 1.67% |
| 4 | Aug 20, 2021 | Aug 20, 2021 | Aug 20, 2021 | ₹3.00 | 2.14% |
| 5 | Aug 19, 2020 | Aug 19, 2020 | Aug 19, 2020 | ₹1.00 | 0.94% |
| 6 | Feb 19, 2020 | Mar 05, 2020 | Mar 19, 2020 | ₹2.00 | 3.21% |
| 7 | May 18, 2019 | Aug 14, 2019 | Sep 14, 2019 | ₹3.00 | 3.22% |
| 8 | Aug 09, 2018 | Aug 09, 2018 | Aug 09, 2018 | ₹2.00 | 1.06% |
| 9 | May 15, 2017 | Aug 09, 2017 | Sep 18, 2017 | ₹0.94 | 0.88% |
| 10 | Mar 07, 2016 | Mar 17, 2016 | Sep 22, 2016 | ₹0.94 | 1.00% |
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
LUMAXTECH Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from LUMAXTECH 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 LUMAXTECH stock here.
Comparing LUMAXTECH to Sector and Country
LUMAXTECH.NS pays a solid dividend yield of 2.18%, which is higher than the average of the bottom 25% of dividend payers in the IN market (0.187%). LUMAXTECH.NS’s dividend yield is lower than the average of the top 25% of dividend payers in the Consumer Cyclical sector in the IN market (3.71%), which means that there are more attractive dividend stocks to consider.
