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L&T Finance Ltd

₹175.95

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 ₹43,684.23Cr. Its share price is ₹175.95 as on 22 July,2024.

The dividend is a percentage of earnings paid out to shareholders. Last year, L&T Finance Ltd gave ₹4.50 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 2024, L&T Finance Ltd has declared dividend of ₹2.50 - translating a dividend yield of 2.56%.

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 ₹3,784.61Cr in the quarter ending June 2024. The revenue grew by 12.08% year on year basis since last quarter.
  • L&T Finance Ltd’s profits were ₹685.51Cr in the quarter ending June 2024. The profits grew by 29.11% year on year basis since last quarter.
  • L&T Finance Ltd’s dividend was ₹2.50 in the quarter ending March 2024.

L&T Finance Ltd Dividend related ratios:

  • Last dividend date: 27/04/2024
  • Current Dividend Yield: 2.56%
  • Annual dividend payment: ₹4.50

L&T Finance Ltd Dividend v/s L&T Finance Ltd Share price

History of L&T Finance Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATE
18/06/2024
CASH
₹2.50
27/04/2024
18/06/2024
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
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FAQs

L&T Finance Ltd current market price is ₹175.95 per share

L&T Finance Ltd has declared dividend worth ₹2.50 in the last year.

L&T Finance Ltd has declared dividend worth ₹2.50 in the latest quarter.

L&T Finance Ltd has declared dividend on 27/04/2024 of ₹2.50.

L&T Finance Ltd has declared dividend 1 times of ₹2.50 in the current financial year (FY2024-2025)

L&T Finance Ltd has declared dividend 1 times of ₹2 in the previous financial year (FY2023-2024)