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Laxmi Organic Industries (NSE:LXCHEM) Dividend Payout Ratio : 0.60 (As of Sep. 2024)


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What is Laxmi Organic Industries Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Laxmi Organic Industries's Dividend Payout Ratio for the months ended in Sep. 2024 was 0.60.

The historical rank and industry rank for Laxmi Organic Industries's Dividend Payout Ratio or its related term are showing as below:

NSE:LXCHEM' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.05   Med: 0.13   Max: 0.15
Current: 0.12


During the past 7 years, the highest Dividend Payout Ratio of Laxmi Organic Industries was 0.15. The lowest was 0.05. And the median was 0.13.

NSE:LXCHEM's Dividend Payout Ratio is ranked better than
89.47% of 940 companies
in the Chemicals industry
Industry Median: 0.36 vs NSE:LXCHEM: 0.12

As of today (2025-01-19), the Dividend Yield % of Laxmi Organic Industries is 0.27%.

During the past 7 years, the highest Trailing Annual Dividend Yield of Laxmi Organic Industries was 0.31%. The lowest was 0.09%. And the median was 0.20%.

Laxmi Organic Industries's Dividends per Share for the months ended in Sep. 2024 was ₹0.60.

During the past 12 months, Laxmi Organic Industries's average Dividends Per Share Growth Rate was 20.00% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


Laxmi Organic Industries Dividend Payout Ratio Historical Data

The historical data trend for Laxmi Organic Industries's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Laxmi Organic Industries Dividend Payout Ratio Chart

Laxmi Organic Industries Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Dividend Payout Ratio
Get a 7-Day Free Trial - - 0.05 0.15 0.13

Laxmi Organic Industries Quarterly Data
Mar19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.25 - - - 0.60

Competitive Comparison of Laxmi Organic Industries's Dividend Payout Ratio

For the Specialty Chemicals subindustry, Laxmi Organic Industries's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Laxmi Organic Industries's Dividend Payout Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Laxmi Organic Industries's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Laxmi Organic Industries's Dividend Payout Ratio falls into.



Laxmi Organic Industries Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

Laxmi Organic Industries's Dividend Payout Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Mar. 2024 )/ EPS without NRI (A: Mar. 2024 )
=0.5/ 3.9
=0.13

Laxmi Organic Industries's Dividend Payout Ratio for the quarter that ended in Sep. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Sep. 2024 )/ EPS without NRI (Q: Sep. 2024 )
=0.6/ 1
=0.60

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Laxmi Organic Industries (NSE:LXCHEM) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


Laxmi Organic Industries Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Laxmi Organic Industries's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Laxmi Organic Industries Business Description

Traded in Other Exchanges
Address
Chandermukhi Building, 2nd and 3rd Floor, Nariman Point, Mumbai, MH, IND, 400021
Laxmi Organic Industries Ltd is a specialty chemical manufacturer. Its operating divisions are chemical business and power generation. The company is predominantly engaged in specialty chemical manufacturing focused on two key segments: Acetyl Intermediates and Speciality Intermediates derivative products. Geographically, the company generates a majority of its revenue from India.

Laxmi Organic Industries Headlines

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