L&TFH
L&T Finance Ltd
₹160.95
L&T Finance Ltd Dividend 2024 : Should L&T Finance Ltd be a part of your dividend portfolio?
L&T Finance Ltd is one of the most popular Financial Services company in the world with a market capitalisation of ₹40,084.38Cr. Its share price is ₹160.95 as on 21 April,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, L&T Finance Ltd gave ₹2 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
- Financial Services stocks do not always pay a dividend but as L&T Finance Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2023, L&T Finance Ltd has declared dividend of ₹2 - translating a dividend yield of 1.24%.
Let's look at L&T Finance Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- L&T Finance Ltd’s revenue were ₹3,581.26Cr in the quarter ending December 2023. The revenuefell by -36.86% year on year basis since last quarter.
- L&T Finance Ltd’s profits were ₹640.18Cr in the quarter ending December 2023. The profits grew by 41.12% year on year basis since last quarter.
- L&T Finance Ltd’s dividend was ₹2 in the quarter ending March 2023.
L&T Finance Ltd Dividend related ratios:
- Last dividend date: 08/06/2023
- Current Dividend Yield: 1.24%
- Annual dividend payment: ₹2
History of L&T Finance Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
21/07/2023 | CASH | ₹2 | 08/06/2023 | 21/07/2023 |
01/07/2022 | CASH | ₹0.50 | 29/04/2022 | 04/07/2022 |
26/03/2020 | CASH | ₹0.90 | 20/03/2020 | 28/03/2020 |
19/07/2019 | CASH | ₹1 | 27/04/2019 | 23/07/2019 |
20/08/2018 | CASH | ₹1 | 03/05/2018 | 22/08/2018 |
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