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Dividend of Lumax Industries Ltd

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Lumax Industries Ltd

NSE: LUMAXIND

Dividend Payout (Final)

₹ 35

Ex-Dividend Date: Sep 09, 2024

Key Highlights

  • The dividend payouts of Lumax Industries Ltd changed from ₹ 35 to ₹ 17.5 over 6 quarters. This represents a CAGR of -37.00% .
  • The Latest Trading Price of Lumax Industries Ltd is ₹ 2424 as of 12 Dec 15:30 .

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Monitoring Lumax Industries Ltd share price can help you stay informed about potential market shifts and opportunities.

Historical Dividend Payouts of Lumax Industries Ltd

Fiscal Year
leftDividend Payout (₹)right
2023-2435
2022-2327
2021-2214
2020-217
2019-206

Overview of Dividend

  • <h2><strong>Types of Dividend</strong></h2><br> <h3>Special Dividend</h3> <p>A dividend is paid on common stock when a company has accumulated substantial profits over years, often seen as excess cash that doesn't need immediate use.</p> <br> <h3>Preferred Dividend</h3> <p>A quarterly dividend is paid to preferred stock owners, typically accumulating a fixed amount, and is earned on shares that function more like bonds.</p> <br> <h3>Interim Dividend</h3> <p>Companies declare interim dividends before final full-year accounts are prepared, specifically in India, during the financial year from April to March of the following year.</p> <br> <h3>Final Dividend</h3> <p>A final dividend is issued after the year's accounts have been compiled.
  • Aside from this, the following list highlights the most prevalent sorts of dividends:</p> <br>.

Types of Dividend


Special Dividend

A dividend is paid on common stock when a company has accumulated substantial profits over years, often seen as excess cash that doesn't need immediate use.


Preferred Dividend

A quarterly dividend is paid to preferred stock owners, typically accumulating a fixed amount, and is earned on shares that function more like bonds.


Interim Dividend

Companies declare interim dividends before final full-year accounts are prepared, specifically in India, during the financial year from April to March of the following year.


Final Dividend

A final dividend is issued after the year's accounts have been compiled. Aside from this, the following list highlights the most prevalent sorts of dividends:


Dividend Yield Comparison With Top Peers

* All values are in %

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Lumax Industries Ltd

NSE: LUMAXIND

Share Price

₹ 2424.6

-16.35 (-0.67%)

stock direction

Last updated on: Dec 12, 2024

Company Fundamentals for Lumax Industries Ltd

No data available

Dividend Payout Over Time

No data available

Net Profit Vs Dividend Per Share

SWOT Analysis Of Lumax Industries Ltd

Strength

4

che

Weakness

2

che

Opportunity

0

che

Threats

1

che

BlinkX Score for Lumax Industries Ltd

Historical Market Cap of Lumax Industries Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Lumax Industries Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

Lumax Industries Ltd News Hub

Lumax Industries fixes record date for dividend

Lumax Industries has fixed 09 September 2024 as record date for purpose of determining the sharehold

Read more

2024-08-20 00:00:00

Lumax Industries consolidated net profit rises 47.84% in the June 2024 quarter

Net profit of Lumax Industries rose 47.84% to Rs 34.18 crore in the quarter ended June 2024 as again

Read more

2024-08-08 00:00:00

Lumax Industries to convene board meeting

Lumax Industries will hold a meeting of the Board of Directors of the Company on 8 August 2024. Powe

Read more

2024-08-03 00:00:00

Lumax Industries schedules AGM

Lumax Industries announced that the 43th Annual General Meeting (AGM) of the company will be held on

Read more

2024-08-24 00:00:00

About Lumax Industries Ltd

  • Lumax Industries Limited (LIL) is engaged in the business of manufacture, trading and supply of auto components, mainly automotive lighting systems for four wheeler and two wheeler vehicles. Lumax Industries established as a trading concern under the name 'Globe Auto Industries' in Delhi on 1949 has got into manufacturing activity in 1957 by setting upa a plant in Delhi.
  • Now it works 4 manufacturing units at Delhi, Faridabad, Gurgaon and Pune. Lumax Industries, incorporated on December 10, 1981 has renowned customers for its products -- Telco, Ashok Leyland, Ford, Hindustan Motors, Nissan, DCM Toyota, Bajaj Tempo, Mahindra & Mahindra, Maruti, Premier Automobilies, Hero Honda, Bajaj, etc.
  • Lumax's products are exported to the Gulf, African, South-East Asian and European countries.
  • A number of the company's products have been type-approved by the defence sector.

FAQs for Dividends of Lumax Industries Ltd

What is the current market price of Lumax Industries Ltd as of December 12, 2024?

The current market price of Lumax Industries Ltd stands at 2424.6 per share.

What dividend did Lumax Industries Ltd declare in the last fiscal year?

In the last fiscal year, Lumax Industries Ltd declared a dividend totaling ₹27.0.

What is the most recent dividend declared by Lumax Industries Ltd?

Lumax Industries Ltd has declared dividend worth ₹0.0 in the latest quarter..

How many times has Lumax Industries Ltd declared dividends in the current fiscal year?

Lumax Industries Ltd has declared dividends 2 times totaling ₹0 in the current fiscal year (FY2024-2025).

How many times did Lumax Industries Ltd declare dividends in the previous fiscal year?

In the previous fiscal year (FY2023-2024), Lumax Industries Ltd declared dividends 4 times totaling ₹27.0.

What is Dividend Yield of Lumax Industries Ltd?

The Lumax Industries Ltd's Dividend Yield is 1.4 as of December 12, 2024

Will I get Lumax Industries Ltd dividend if I have shares?

If you purchase Lumax Industries Ltd stock on or after its ex-dividend date, you won’t receive the next dividend; the seller will. Buy before the ex-dividend date to receive the dividend.

Do I lose my Lumax Industries Ltd dividend if I sell my shares?

Shareholders who sell their Lumax Industries Ltd stock before the ex-dividend date do not receive the dividend.

How do I check if I am eligible for a Lumax Industries Ltd dividend?

To be eligible for the Lumax Industries Ltd dividend, you must buy the stock no later than one day before the ex-dividend date.

Is Lumax Industries Ltd dividend automatically credited to a bank account?

If your bank mandate is registered with the registrar, the Lumax Industries Ltd dividend amount will be automatically credited to your bank account.

Will I get Lumax Industries Ltd dividend if I have shares?

If you purchase Lumax Industries Ltd stock on or after its ex-dividend date, you won’t receive the next dividend; the seller will. Buy before the ex-dividend date to receive the dividend.
Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.
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