Lagnam Spintex Limited plans for Dividend in 2024 showing stability in Other Textile Products
0.49%
Div. Yield
6.06%
Payout Rat.
Lagnam Spintex Limited has declared an Dividend for the year 2024, paying ₹0.50 per share. July 8, 2024 is the ex-dividend date, and investors must purchase shares before this to qualify for the dividend. The stock is currently priced at ₹145.46.
Continuing from the Dividend of ₹0.50 per share paid in 2022, the company’s dividend payout ratio of 6.06% reflects its approach to distributing profits. The dividend yield of 0.49% highlights the return relative to the share price.
Dividend Yield History
| Year | Yield |
|---|---|
| 2024 | 0.34% |
| 2022 | 0.53% |
Dividend Payment History
| Ex-Div Date | Amount | Type | Share Price |
|---|---|---|---|
| July 8, 2024 | ₹0.50 | Dividend | ₹145.46 |
| June 19, 2022 | ₹0.50 | Dividend | ₹68.85 |
| January 26, 2022 | ₹0.50 | Interim Dividend | ₹93.85 |
Dividend Stars
| Stock Name | Median Yield | Current Yield |
|---|---|---|
 Oracle Financial Services Software Ltd NSE: OFSS | 5.41% | 4.03% |
 Indian Oil Corporation Ltd NSE: IOC | 3.81% | 4.84% |
 Cesc Ltd NSE: CESC | 3.08% | 3.93% |
 Gail India Ltd NSE: GAIL | 3.02% | 5.25% |
 Bajaj Auto Ltd NSE: BAJAJ-AUTO | 2.97% | 2.32% |
FAQs
Lagnam Spintex Limited has declared dividend worth ₹0.50
Lagnam Spintex Limited has declared dividend on July 8, 2024
As of February 17, 2025, the dividend yield for Lagnam Spintex Limited is 0.49%
The most recent dividend payment for Lagnam Spintex Limited was ₹0.50 per share.
The current dividend payout ratio for Lagnam Spintex Limited is 6.06%
