Lagnam Spintex (NSE:LAGNAM) Dividend Payout Ratio : 0.00 (As of Mar. 2023)

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What is Lagnam Spintex Dividend Payout Ratio?

Lagnam Spintex's dividend payout ratio for the months ended in Mar. 2023 was 0.00.

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

During the past 10 years, the highest Dividend Payout Ratio of Lagnam Spintex was 0.09. The lowest was 0.00. And the median was 0.00.

NSE:LAGNAM's Dividend Payout Ratio is not ranked ^*
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 0.375
* Ranked among companies with meaningful Dividend Payout Ratio only.

As of today (2024-06-05), the Dividend Yield % of Lagnam Spintex is 0.00%.

Lagnam Spintex's Dividends per Share for the months ended in Mar. 2023 was ₹0.00.

The growth rate is calculated with least square regression.

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

Lagnam Spintex Dividend Payout Ratio Historical Data

The historical data trend for Lagnam Spintex'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.

Lagnam Spintex Dividend Payout Ratio Chart

Lagnam Spintex Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Dividend Payout Ratio

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0.06

0.09

Lagnam Spintex Quarterly Data
	Mar16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Dividend Payout Ratio	Get a 7-Day Free Trial															0.13	0.14	-	-	-

Competitive Comparison of Lagnam Spintex's Dividend Payout Ratio

For the Textile Manufacturing subindustry, Lagnam Spintex'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.

Lagnam Spintex's Dividend Payout Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Lagnam Spintex's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Lagnam Spintex's Dividend Payout Ratio falls into.

Lagnam Spintex Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Lagnam Spintex's Dividend Payout Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Mar. 2023 )	/	EPS without NRI (A: Mar. 2023 )
	=	0.5	/	5.53
	=	0.09

Lagnam Spintex's Dividend Payout Ratio for the quarter that ended in Mar. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Mar. 2023 )	/	EPS without NRI (Q: Mar. 2023 )
	=	0	/	0.87
	=	0.00

Lagnam Spintex (NSE:LAGNAM) Dividend Payout Ratio Explanation

In dividends investing, 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.

Lagnam Spintex Dividend Payout Ratio Related Terms

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

Lagnam Spintex (NSE:LAGNAM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Lagnam Spintex Ltd (NSE:LAGNAM) » Definitions » Dividend Payout Ratio

Traded in Other Exchanges

N/A

Address

A-51-53, RIICO Growth Centre Hamirgarh, Bhilwara, RJ, IND, 311001

Website

http://www.lagnamspintex.com

Lagnam Spintex Ltd is an Indian textile company. The company is engaged in the business of manufacturing high-quality yarn for the domestic and export market. Its yarn products are used in Denim, Terry Towels, Bottom Wears, Home Textiles, and Industrial Fabrics. It exports cotton yarns to countries like Portugal, Italy, Germany, Belgium, South Africa, Slovenia, Columbia, China, Pakistan, Bangladesh, and others.

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