Footwear stocks with high dividend yield in 2023 here with we listed some better dividend giving footwear stocks in indian market.
List of Top Footwear Industries with their Dividend Shares:
| Footwear Industries | Dividend amount per shares (Rs |
| Relaxo Ltd | 2.50 |
| Superhouse Ltd | 1.00 |
| Lehar Ltd
|
0.25 |
Relaxo
Introduction:
Footwear stocks with high dividend yield: Incorporated in 1984, Relaxo is the largest footwear manufacturer in India, serving the nation since four decades, and is today ranked among the top 500 .Relaxo, an iconic name in the Indian footwear scene, stands out for its combination of innovation and affordability. Started in 1976 by Delhi-based brothers, Ramesh Kumar Dua and Mukand Lal Dua, its rise from a modest family initiative to a global brand is nothing short of inspirational.
| Year | 2023 |
| Dividend (%) | 250 |
| Dividend Type | Final |
| Face Value | 1 |
| Dividend Amount (RS) | 2.50 |
| Ex-Date
|
17-08-2023
|
Investor Calculation:
| No.of.Shares | Dividend Amount /Shares(Rs) | Total Amount |
| 100 | 2.50 | 250 |
| 1000 | 2.50 | 2,500 |
Superhouse
Introduction:
Superhouse Group is a multi-unit and multi-product conglomerate with brand leadership in Leather, Leather goods, Footwear manufacturing and exports. Mr. Mukhtarul Amin, Chairman and Managing Director of Superhouse Group, is a true baton carrier of the family business, i.e., Saddlery and Leather. His grandfather Chaudhary Mohammad Amin was the first to begin manufacturing saddles for the cavalry of Scindias of Gwalior.
| Year | 2023 |
| Dividend (%) | 10 |
| Dividend Type | Final |
| Face Value | 10 |
| Dividend Amount (RS) | 1.00 |
| Ex-Date
|
15-09-2023
|
Investor Calculation:
| No.of.Shares | Dividend Amount /Shares(Rs) | Total Amount |
| 100 | 1.00 | 100 |
| 1000 | 1.00 | 1,000 |
Lehar
Introduction:
The company was incorporated as a Private Limited Company in the year 1994 with the object of manufacturing of canvas shoes lightweight hawai chappals & EVA Injection footwear. The status and name of the company was changed to public limited company Lawreshwar Polymers Limited w.e.f. 27.05. A shoe is an item of footwear intended to protect and comfort the human foot. Shoes are also used as an item of decoration and fashion.
| Year | 2023 |
| Dividend (%) | 2.5 |
| Dividend Type | Final |
| Face Value | 10 |
| Dividend Amount (RS) | 0.25 |
| Ex-Date
|
20-09-2023
|
Investor Calculation:
| No.of.Shares | Dividend Amount /Shares(Rs) | Total Amount |
| 100 | 0.25 | 25 |
| 1000 | 0.25 | 250 |
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