Lakshmi Machine Works Dividend
Dividend criteria checks 4/6
Lakshmi Machine Works is a dividend paying company with a current yield of 0.59% that is well covered by earnings.
Key information
0.6%
Dividend yield
27%
Payout ratio
| Industry average yield | 0.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | ₹376.09 |
| Dividend yield forecast in 3Y | 1.0% |
Recent dividend updates
Lakshmi Machine Works' (NSE:LAXMIMACH) Shareholders Will Receive A Bigger Dividend Than Last Year
Jul 11
Lakshmi Machine Works (NSE:LAXMIMACH) Is Paying Out A Larger Dividend Than Last Year
Jun 27Lakshmi Machine Works (NSE:LAXMIMACH) Has Announced That It Will Be Increasing Its Dividend To ₹98.50
Jun 10Lakshmi Machine Works (NSE:LAXMIMACH) Will Pay A Larger Dividend Than Last Year At ₹98.50
May 27Recent updates
Here's Why We Think Lakshmi Machine Works (NSE:LAXMIMACH) Might Deserve Your Attention Today
Apr 01Investors Met With Slowing Returns on Capital At Lakshmi Machine Works (NSE:LAXMIMACH)
Jan 17Subdued Growth No Barrier To Lakshmi Machine Works Limited's (NSE:LAXMIMACH) Price
Dec 30Lakshmi Machine Works (NSE:LAXMIMACH) Shareholders Will Want The ROCE Trajectory To Continue
Oct 10Should You Be Adding Lakshmi Machine Works (NSE:LAXMIMACH) To Your Watchlist Today?
Sep 20Lakshmi Machine Works' (NSE:LAXMIMACH) Shareholders Will Receive A Bigger Dividend Than Last Year
Jul 11Lakshmi Machine Works (NSE:LAXMIMACH) Is Paying Out A Larger Dividend Than Last Year
Jun 27Lakshmi Machine Works (NSE:LAXMIMACH) Has Announced That It Will Be Increasing Its Dividend To ₹98.50
Jun 10Lakshmi Machine Works (NSE:LAXMIMACH) Will Pay A Larger Dividend Than Last Year At ₹98.50
May 27Return Trends At Lakshmi Machine Works (NSE:LAXMIMACH) Aren't Appealing
May 03Should You Be Adding Lakshmi Machine Works (NSE:LAXMIMACH) To Your Watchlist Today?
Feb 06Lakshmi Machine Works (NSE:LAXMIMACH) Has Some Way To Go To Become A Multi-Bagger
Jan 15Here's Why Lakshmi Machine Works (NSE:LAXMIMACH) Has Caught The Eye Of Investors
Oct 13Investors Met With Slowing Returns on Capital At Lakshmi Machine Works (NSE:LAXMIMACH)
Aug 15Lakshmi Machine Works (NSE:LAXMIMACH) Is Increasing Its Dividend To ₹40.00
Jul 08Lakshmi Machine Works (NSE:LAXMIMACH) Is Increasing Its Dividend To ₹40.00
Jun 24Lakshmi Machine Works (NSE:LAXMIMACH) Is Increasing Its Dividend To ₹40.00
May 15Investors Could Be Concerned With Lakshmi Machine Works' (NSE:LAXMIMACH) Returns On Capital
Mar 23Be Wary Of Lakshmi Machine Works (NSE:LAXMIMACH) And Its Returns On Capital
Dec 17Estimating The Intrinsic Value Of Lakshmi Machine Works Limited (NSE:LAXMIMACH)
Nov 19Lakshmi Machine Works (NSE:LAXMIMACH) Could Be Struggling To Allocate Capital
Sep 16What Can We Make Of Lakshmi Machine Works' (NSE:LAXMIMACH) CEO Compensation?
Feb 17What Type Of Shareholders Make Up Lakshmi Machine Works Limited's (NSE:LAXMIMACH) Share Registry?
Jan 13Should Lakshmi Machine Works (NSE:LAXMIMACH) Be Disappointed With Their 32% Profit?
Nov 21
What Is The Ownership Structure Like For Lakshmi Machine Works Limited (NSE:LAXMIMACH)?
Sep 29Should You Buy Lakshmi Machine Works Limited (NSE:LAXMIMACH) For Its Dividend?
Aug 25Stability and Growth of Payments
Fetching dividends data
Stable Dividend: LAXMIMACH's dividend payments have been volatile in the past 10 years.
Growing Dividend: LAXMIMACH's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Lakshmi Machine Works Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (LAXMIMACH) | 0.6% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Machinery) | 0.6% |
| Analyst forecast in 3 Years (LAXMIMACH) | 1.0% |
Notable Dividend: LAXMIMACH's dividend (0.59%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: LAXMIMACH's dividend (0.59%) is low compared to the top 25% of dividend payers in the Indian market (1.18%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (27.4%), LAXMIMACH's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (67.7%), LAXMIMACH's dividend payments are covered by cash flows.