Le Merite Exports Ltd

NEW
NSE:LEMERITE (India)  
₹ 23.12 -0.14 (-0.6%) Aug 4
102.27
P/B:
2.16
Market Cap:
₹ 2.89B ($ 30.43M)
Enterprise V:
₹ 2.94B ($ 30.93M)
Volume:
416.74K
Avg Vol (2M):
1.31M
Trade In:

Le Merite Exports Ltd Stock Historical Dividends and Yields

Le Merite Exports Ltd (NSE:LEMERITE) pays a dividend yield of 0%. The 5-year dividend growth rate is 0%. Le Merite Exports Ltd has been paying dividends since 2022.

Below is Le Merite Exports Ltd's complete dividend history, ex-dividend dates, payout ratio trends, and dividend yield charts.

Dividend started since

 
2022

Years of Dividend History

 
4

Years of No Dividend Reduction

 
1

Years of Dividend Increase

 
1
0% (Trailing)
0% (Forward)

Dividend Yield

0
 

Dividend Payout Ratio

0%
 

Growth Rate (5-Year)

0%
 

Yield on Cost (5-Year)

-2.2%
 

3-Year Share Buyback Ratio

* Special dividend is not included in the calculation of dividend per share and related fields

Dividend Growth


Growth Rate Yield on Cost
1 Year -100% 0.00%
3 Year 0% 0.00%
5 Year 0% 0%
10 Year 0% 0.00%

Le Merite Exports Ltd Dividend History & Ex-Dividend Dates

Complete history of 3 dividend payments by Le Merite Exports Ltd since 2022. Each row shows the ex-dividend date, amount per share, record date, pay date, and declaration date.

Le Merite Exports Ltd (NSE:LEMERITE) Dividend History
Ex-Dividend Date Amount Record Date Pay Date Declaration Date
2024-09-23 INR 0.04 2024-09-24 0000-00-00 2024-05-27
2023-09-22 INR 0.1 2023-09-24 0000-00-00 2023-05-30
2022-09-21 INR 0.2 2022-09-23 0000-00-00 2022-09-11

Frequently Asked Questions: NSE:LEMERITE Dividend

Does Le Merite Exports Ltd (NSE:LEMERITE) pay a dividend?

Le Merite Exports Ltd (NSE:LEMERITE) does not currently pay a regular dividend. Review the historical record above for any past dividend payments or capital return policies.

Why doesn't Le Merite Exports Ltd pay a dividend?

Companies typically forgo dividends to reinvest earnings into growth, R&D, acquisitions, or share buybacks. Le Merite Exports Ltd has returned capital to shareholders via buybacks at a rate of -2.2% over the past 3 years.

What are dividend-paying alternatives to Le Merite Exports Ltd?

For dividend-paying alternatives in Le Merite Exports Ltd's sector, view dividend stocks by industry on GuruFocus's dividend stock screener.

Dividend Yield History

This is the historical trailing annual dividend yield of Le Merite Exports Ltd. Buying stocks at higher yield relative its historical values is usually more profitable.

Dividend Per Share History

This the dividend history of Le Merite Exports Ltd

Dividend Payout Ratio

This is the historical payout ratio of Le Merite Exports Ltd. If the dividend payout ratio is close to or higher than 1, dividends might not be sustainable.