Lagnam Spintex Dividend
Dividend criteria checks 2/6
Lagnam Spintex is a dividend paying company with a current yield of 0.31% that is well covered by earnings.
Key information
0.3%
Dividend yield
19%
Payout ratio
Industry average yield | 0.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₹4.98 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Lagnam Spintex Limited (NSE:LAGNAM) Stock Rockets 32% As Investors Are Less Pessimistic Than Expected
Apr 26Returns On Capital At Lagnam Spintex (NSE:LAGNAM) Have Hit The Brakes
Apr 03Lagnam Spintex Limited (NSE:LAGNAM) Stock Rockets 26% But Many Are Still Ignoring The Company
Feb 12Market Cool On Lagnam Spintex Limited's (NSE:LAGNAM) Revenues
Dec 29Lagnam Spintex (NSE:LAGNAM) Has More To Do To Multiply In Value Going Forward
Jul 05Here's Why Lagnam Spintex (NSE:LAGNAM) Is Weighed Down By Its Debt Load
Jun 08Lagnam Spintex (NSE:LAGNAM) Has Some Way To Go To Become A Multi-Bagger
Mar 18Is Lagnam Spintex (NSE:LAGNAM) Using Too Much Debt?
Feb 20Here's Why Lagnam Spintex (NSE:LAGNAM) Has A Meaningful Debt Burden
Jul 21Does Lagnam Spintex (NSE:LAGNAM) Deserve A Spot On Your Watchlist?
May 12Shareholders Would Enjoy A Repeat Of Lagnam Spintex's (NSE:LAGNAM) Recent Growth In Returns
Feb 23We Think Lagnam Spintex (NSE:LAGNAM) Is Taking Some Risk With Its Debt
Jan 10Lagnam Spintex (NSE:LAGNAM) Is Experiencing Growth In Returns On Capital
Sep 30Here's Why Lagnam Spintex (NSE:LAGNAM) Has A Meaningful Debt Burden
Aug 03Here's What's Concerning About Lagnam Spintex's (NSE:LAGNAM) Returns On Capital
Jun 01Here's Why Lagnam Spintex (NSE:LAGNAM) Is Weighed Down By Its Debt Load
May 05Should You Be Impressed By Lagnam Spintex's (NSE:LAGNAM) Returns on Capital?
Feb 28Chairman Dwarka Mangal Just Bought A Handful Of Shares In Lagnam Spintex Limited (NSE:LAGNAM)
Jan 06Have Insiders Been Buying Lagnam Spintex Limited (NSE:LAGNAM) Shares This Year?
Dec 11Stability and Growth of Payments
Fetching dividends data
Stable Dividend: LAGNAM has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: LAGNAM has only been paying a dividend for 3 years, and since then payments have not increased.
Dividend Yield vs Market
Lagnam Spintex Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (LAGNAM) | 0.3% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Luxury) | 0.4% |
Analyst forecast in 3 Years (LAGNAM) | n/a |
Notable Dividend: LAGNAM's dividend (0.31%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: LAGNAM's dividend (0.31%) is low compared to the top 25% of dividend payers in the Indian market (1.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (19.4%), LAGNAM's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: LAGNAM is paying a dividend but the company has no free cash flows.