Lakshmi Finance & Industrial Dividend
Dividend criteria checks 4/6
Lakshmi Finance & Industrial is a dividend paying company with a current yield of 1.09% that is well covered by earnings.
Key information
1.1%
Dividend yield
7%
Payout ratio
| Industry average yield | 1.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹2.500 |
| Earnings per share | ₹41.63 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
We Think Some Shareholders May Hesitate To Increase Lakshmi Finance & Industrial Corporation Limited's (NSE:LFIC) CEO Compensation
Aug 16
Lakshmi Finance & Industrial's (NSE:LFIC) Dividend Will Be Increased To ₹4.00
Aug 01Should Lakshmi Finance & Industrial Corporation Limited (NSE:LFIC) Be Part Of Your Dividend Portfolio?
May 05What Can We Learn About Lakshmi Finance & Industrial's (NSE:LFIC) CEO Compensation?
Feb 28Should You Buy Lakshmi Finance & Industrial Corporation Limited (NSE:LFIC) For Its 2.7% Dividend?
Jan 21
What Can We Conclude About Lakshmi Finance & Industrial's (NSE:LFIC) CEO Pay?
Nov 30Stability and Growth of Payments
Fetching dividends data
Stable Dividend: LFIC's dividend payments have been volatile in the past 10 years.
Growing Dividend: LFIC's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Lakshmi Finance & Industrial Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (LFIC) | 1.1% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Capital Markets) | 1.3% |
| Analyst forecast in 3 Years (LFIC) | n/a |
Notable Dividend: LFIC's dividend (1.09%) is higher than the bottom 25% of dividend payers in the Indian market (0.24%).
High Dividend: LFIC's dividend (1.09%) is in the top 25% of dividend payers in the Indian market (1.05%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (7.2%), LFIC's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: LFIC is paying a dividend but the company has no free cash flows.