Laxmi Organic Industries Dividends and Buybacks
Dividend criteria checks 2/6
Laxmi Organic Industries is a dividend paying company with a current yield of 0.25% that is well covered by earnings.
Key information
0.2%
Dividend yield
-4.1%
Buyback Yield
| Total Shareholder Yield | -3.8% |
| Future Dividend Yield | 0.3% |
| Dividend Growth | 9.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹0.600 |
| Payout ratio | 13% |
Recent dividend and buyback updates
Laxmi Organic Industries (NSE:LXCHEM) Is Increasing Its Dividend To ₹0.60
Jul 16
Laxmi Organic Industries' (NSE:LXCHEM) Dividend Will Be Increased To ₹0.60
Jul 02Laxmi Organic Industries' (NSE:LXCHEM) Dividend Is Being Reduced To ₹0.50
Jul 14Laxmi Organic Industries' (NSE:LXCHEM) Dividend Is Being Reduced To ₹0.50
May 21Recent updates
Does Laxmi Organic Industries (NSE:LXCHEM) Have A Healthy Balance Sheet?
Dec 18Laxmi Organic Industries Limited Just Beat Revenue By 6.1%: Here's What Analysts Think Will Happen Next
Nov 02Investors Appear Satisfied With Laxmi Organic Industries Limited's (NSE:LXCHEM) Prospects
Sep 20Laxmi Organic Industries (NSE:LXCHEM) May Have Issues Allocating Its Capital
Aug 28Laxmi Organic Industries (NSE:LXCHEM) Is Increasing Its Dividend To ₹0.60
Jul 16Laxmi Organic Industries' (NSE:LXCHEM) Dividend Will Be Increased To ₹0.60
Jul 02Some Investors May Be Willing To Look Past Laxmi Organic Industries' (NSE:LXCHEM) Soft Earnings
May 28Laxmi Organic Industries Limited (NSE:LXCHEM) Just Released Its Yearly Earnings: Here's What Analysts Think
May 25Earnings Tell The Story For Laxmi Organic Industries Limited (NSE:LXCHEM)
Mar 26Does This Valuation Of Laxmi Organic Industries Limited (NSE:LXCHEM) Imply Investors Are Overpaying?
Mar 01Analysts Are Updating Their Laxmi Organic Industries Limited (NSE:LXCHEM) Estimates After Its Third-Quarter Results
Jan 27Capital Allocation Trends At Laxmi Organic Industries (NSE:LXCHEM) Aren't Ideal
Aug 29Laxmi Organic Industries' (NSE:LXCHEM) Dividend Is Being Reduced To ₹0.50
Jul 14Laxmi Organic Industries' (NSE:LXCHEM) Dividend Is Being Reduced To ₹0.50
May 21Here's What's Concerning About Laxmi Organic Industries' (NSE:LXCHEM) Returns On Capital
May 17Laxmi Organic Industries (NSE:LXCHEM) Will Pay A Larger Dividend Than Last Year At ₹0.70
Jul 10Many Would Be Envious Of Laxmi Organic Industries' (NSE:LXCHEM) Excellent Returns On Capital
Jun 19Laxmi Organic Industries' (NSE:LXCHEM) Solid Profits Have Weak Fundamentals
May 12If You Like EPS Growth Then Check Out Laxmi Organic Industries (NSE:LXCHEM) Before It's Too Late
Apr 05Upgrade: Analysts Just Made A Notable Increase To Their Laxmi Organic Industries Limited (NSE:LXCHEM) Forecasts
Feb 06Laxmi Organic Industries Limited Just Recorded A 13% Revenue Beat: Here's What Analysts Think
Feb 05Risks To Shareholder Returns Are Elevated At These Prices For Laxmi Organic Industries Limited (NSE:LXCHEM)
Feb 04Stability and Growth of Payments
Fetching dividends data
Stable Dividend: LXCHEM has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: LXCHEM's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| Laxmi Organic Industries Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (LXCHEM) | 0.2% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Chemicals) | 0.7% |
| Analyst forecast (LXCHEM) (up to 3 years) | 0.3% |
Notable Dividend: LXCHEM's dividend (0.25%) is higher than the bottom 25% of dividend payers in the Indian market (0.24%).
High Dividend: LXCHEM's dividend (0.25%) is low compared to the top 25% of dividend payers in the Indian market (1.1%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (13.4%), LXCHEM's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: LXCHEM is paying a dividend but the company has no free cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 18:13 |
| End of Day Share Price | 2025/01/02 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Laxmi Organic Industries Limited is covered by 11 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ankur Periwal | Axis Capital Limited |
| Satish Kumar | CGS International |
| Dane Leone | CGS International |